PEPE Price Surge: Bullish Cup-and-Handle Pattern Hints at Breakout to $0.00001357

Pepe (PEPE) has recently experienced a notable 7% surge, forming a bullish cup-and-handle pattern that signals a potential breakout toward $0.00001357. This rally marks a significant reversal from recent downward trends, driven by whale accumulation and declining exchange reserves. Technical indicators have turned positive, with the 20 EMA at $0.00001129 now acting as dynamic support. Bollinger Bands further confirm strong buying pressure, suggesting sustained upward momentum. As of August 12, 2025, PEPE's price action reflects growing investor confidence, positioning it as a cryptocurrency to watch in the coming weeks.

Pepe (PEPE) Price Prediction: Bullish Cup-and-Handle Pattern Signals Potential Breakout

Pepe (PEPE) has surged 7%, forming a bullish cup-and-handle pattern that suggests a potential breakout toward $0.00001357. The rally marks a sharp reversal from recent downward pressure, fueled by whale accumulation and shrinking exchange reserves.

Technical indicators have turned positive, with the 20 EMA at $0.00001129 now acting as dynamic support. Bollinger Bands show strong buying pressure, while the alignment of major moving averages reinforces the bullish sentiment.

Traders are closely watching whether Pepe can sustain its momentum, with critical support holding at $0.00001130. A successful breakout could pave the way for a 17% rally.

PEPE Price Struggles Below Key Resistance as Bulls Target Recovery

PEPE trades at $0.00001985, down 1.99% in the past 24 hours, as the meme token faces resistance amid cautious market sentiment. Technical indicators paint a mixed picture—the RSI sits neutrally at 53.44, while the MACD hints at emerging bullish momentum.

Recent price action reflects broader uncertainty in meme coin markets following August 5's dramatic sell-off, which saw PEPE plunge 32% from July highs. The downturn accelerated when former BitMEX CEO Arthur Hayes liquidated his $414,000 position, citing macroeconomic risks.

Bulls showed resilience on August 9, pushing PEPE above the critical $0.00001230 resistance level. The token now consolidates between $0.00001917 and $0.00002028, testing whether recovery momentum can sustain.

Memecoins SPX6900, PEPE, and MOODENG Show Bullish Technical Setups

SPX6900, PEPE, and MOODENG are exhibiting strong technical patterns, suggesting potential breakouts this week. SPX6900 is testing a critical resistance zone near $1.77, with a breakout above $2.28 likely to trigger further upside. PEPE's ascending triangle formation points to a target of $0.0000274 once resistance is cleared. MOODENG's symmetrical triangle consolidation could resolve in a move toward $0.47 if it breaches the $0.25 barrier.

SPX6900's recent rebound from $1.42 and reclaim of the 20-day EMA underscore its bullish structure. PEPE's coiled momentum and MOODENG's tightening range highlight growing anticipation among traders. These tokens, often dismissed as speculative, are now drawing attention for their technical merit.