Whales Gobble Up PEPE as Price Shatters Falling Wedge – Meme Coin Rally Incoming?

PEPE isn't just a frog meme anymore—it's a whale buffet. The coin just breached a critical falling wedge pattern, triggering a feeding frenzy among crypto's big players.

Breakout or bull trap? Here's what the charts say.

When a falling wedge cracks, it's usually game on for buyers. This classic reversal pattern had been squeezing PEPE's price for weeks before today's explosive breakout. And guess who showed up first? The whales—because nothing moves crypto markets like deep pockets chasing the next dopamine hit.

Of course, technical patterns don't always predict price moves (just ask the bagholders of 2023). But when whales start accumulating, retail traders typically follow like lemmings. Whether this becomes a sustainable rally or just another 'buy the rumor, sell the news' event depends on one thing: how long the hype lasts.

Remember kids: in crypto, 'fundamentals' is just Wall Street code for 'narrative we haven't debunked yet.' Trade accordingly.

TLDR

• PEPE broke out of a falling wedge pattern and rose 3.5% in 24 hours to $0.00001007
• Analysts predict potential 20x price surge based on repeating chart patterns from previous cycles
• Price target of $0.000015 set if PEPE maintains support above $0.0000102 level
• Current breakout could push price toward $0.0000110 region in near term
• Whale accumulation activity detected despite lower overall trading volumes

PEPE has shown recent price movement that caught analyst attention across multiple timeframes. The meme coin climbed 3.5% in the past 24 hours to reach $0.00001007.

This move comes as the broader crypto market declined 2% during the same period. PEPE now trades 2% higher over the past week and 13% up in the last two weeks.

The price action follows a breakout from a falling wedge pattern on shorter timeframes. This technical formation has historically preceded strong upward moves for the token.

Trading account Bitcoinensus identified a recurring pattern in PEPE’s price history. The analysis shows periods of accumulation followed by sudden breakouts that delivered 10x returns in previous cycles.

$PEPE Macro Outlook 🔥🚀

PEPE has been repeating the same explosive pattern:
📉 Flag → 📈 Breakout → 📉 Flag → 📈 Breakout

So far:
Accumulation 1 → 10x
Accumulation 2 → Breakout in progress

The next big MOVE up will probably lead to the cycle top.

History doesn’t… pic.twitter.com/Rqc6KBfWgn

— Bitcoinsensus (@Bitcoinsensus) July 7, 2025

The chart reveals three distinct phases labeled as accumulation, flag formation, and breakout. Each cycle has shown similar characteristics before major price advances.

Historical Pattern Analysis

The first accumulation phase saw price consolidation before a massive breakout occurred. A second accumulation period followed with another breakout delivering substantial gains.

Analysts believe Pepe may be entering a third similar cycle. The pattern suggests potential for another major price move based on historical precedent.

The analysis indicates this cycle could extend into mid-2026 if the pattern continues. Previous breakouts from similar formations resulted in 10x price increases.

Current technical indicators show PEPE breaking above key resistance levels. The relative strength index declined from 70 to NEAR 50, indicating some momentum loss.

Trading volume reached $764 million today, below levels seen in November and December. However, whale accumulation activity has increased over the past month.

Price Targets and Support Levels

Solberg Invest analysis points to a potential price target of $0.000015. This target depends on PEPE holding support at the $0.0000102 level.

$PEPE BULLISH SETUP! 🚀

In structure, support at $0.00001102—$0.000015 target on breakout! 📈

Watch this! 🎯
#PEPE #CryptoRally #Trading [ pic.twitter.com/hJGXeywuvx

— Solberg Invest 🧢 (@SolbergInvest) July 7, 2025

The current breakout formation suggests price could reach the $0.0000110 region. This level represents where PEPE peaked after its last breakout earlier this month.

Chart analysis shows a bullish setup with green trend lines indicating upward momentum. Red resistance lines mark historical price rejection points.

The triangle pattern formation typically signals an impending breakout direction. Traders monitor these formations for potential entry points.

Support at $0.0000102 remains critical for continued upward movement. A break below this level could invalidate the bullish thesis.

Technical analysis suggests PEPE could reach $0.00001150 by end of August under favorable conditions. Year-end targets point to potential $0.000030 levels.

The meme coin sector continues to attract attention from social media promotion. This factor often drives rapid price movements in tokens like PEPE.

Current market uncertainty stems from delayed US tariff decisions pushed to August 1. This timeline provides space for positive trade developments.

PEPE remains down 12% over the past month despite recent gains. The token shows only 9% growth over the past year, indicating room for recovery.

Whale accumulation patterns suggest larger traders maintain interest in PEPE. This activity often precedes major price movements in meme tokens.

The falling wedge breakout mirrors previous successful patterns for PEPE. Historical data shows these formations preceded the largest price advances.