Analysts Predict Explosive Growth for Pepe Coin: Chart Pattern Hints at a 103% Rally

robot
Abstract generation in progress

The popular meme token Pepe (PEPE) could more than double in value in the coming weeks if a bullish market pattern plays out. According to well-known market analyst @LLuciano_BTC, PEPE is on track to reach a new all-time high of $0.000028364, driven by a distinct fractal pattern forming on the daily chart.

📊 Bullish Fractal and Surging Volume Signal Breakout Potential

The analyst highlights a striking fractal formation, similar to patterns that preceded earlier PEPE rallies. This bullish setup is being accompanied by a 40% surge in derivative trading volume, which recently hit $2.4 billion — signaling growing trader interest in the token. Currently, PEPE is consolidating just below a key resistance zone, forming what analysts call a broadening wedge — a pattern often associated with bullish continuation. A breakout above the wedge typically results in a sharp price increase.

📈 Target Price: $0.000028364

The upper boundary of this wedge sits around $0.000017000, which @LLuciano_BTC identifies as the immediate breakout level. If PEPE manages to breach this threshold — especially on strong volume — the token could not only reclaim its previous ATH near $0.00002825, but soar by 103.77% to $0.000028364. This target is calculated using a measured move — projecting the depth of the wedge upward from the breakout point. If the pattern holds, PEPE could enter price discovery territory once again.

📈 Derivatives Activity Confirms Bullish Sentiment

According to data from Coinglass, PEPE futures markets have shown a strong uptick in activity. Daily trading volume jumped by 40% to $2.44 billion, and open interest climbed 16% to $600 million. These metrics reflect increasing accumulation from both institutional and retail traders, suggesting that market participants are positioning for a major move.

🔍 Conclusion

All technical indicators suggest that Pepe Coin is poised for a breakout to new all-time highs. With growing volume, a strong bullish setup, and rising interest in the derivatives markets, PEPE could gain over 100% in the near future — provided it breaks through the key resistance zone.

#PEPE‏ , #CryptoAnalysis , #CryptoPredictions , #memecoin , #pepecoin🐸

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments