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