PEPE’s Downtrend Persists, Yet 10x and 15x Price Targets Remain Within Reach
PEPE battles a stubborn downtrend—but analysts still see a path to explosive returns.
The Bear Grip
Pressure continues to mount. The meme coin faces sustained selling, testing the resolve of even its most ardent holders. Each rally gets met with a fresh wave of profit-taking, keeping the chart painted red.
The Bull Case Lives
Despite the gloom, the ambitious targets haven't been scrapped. Technical models and on-chain signals hint at a coiled-spring scenario. If key resistance levels break, the path opens for a dramatic revaluation—first a 10x surge, then a push toward 15x gains. It’s the classic crypto narrative: maximum pain often precedes maximum gain.
The Waiting Game
For now, it's a standoff between fear and greed. Traders watch for a catalyst—a shift in broader market sentiment or a viral resurgence—to ignite the next move. Until then, it's a volatile holding pattern, a reminder that in crypto, patience is just another form of leverage. After all, what's a little downtrend when you're betting on a meme? It's not like traditional finance, where they need a quarterly report to explain why the stock went down.
Pullback Metrics Highlight Weak Rebound Strength
Also, the momentum readings indicate that the traders should not have any hopes of an immediate reversal. The MACD is still below the zero line, with the bars of the histogram leveling out around the neutral area. All the trend and pullback factors are indicating weakness in the pattern.
The pullback factor is at an all-time high, and the run-up measures remain close to zero. Analysis pointed out that the absence of definitive buying volumes and the absence of a crossover signal on the MACD graph may see the rallies in PEPE rejected and move sideways, and even decline.
Source: TradingviewLong-Term PEPE Targets Remain Ambitious but Conditional
Despite the weak market, it is clear that PEPE’s predictions indicate future growth. A conservative price increase of approximately 10x to $0.000043 or an ambitious plan to reach $0.000065, which suggests a 15x increase, has been forecasted.
Source: XTo achieve that, PEPE WOULD have to re-capture major moving averages and penetrate above the resistance of the Ichimoku Cloud. Until then, the overall market trend remains negative, with higher risks of decline than of improvement.