The Pepe Coin (PEPE) price jumped almost 9%, surviving the Fed meeting and its decision to keep target rates unchanged. Trading at $ 0.00000837, Pepe indicates at an extended rally to break $ 0.000010 with SkyRocketing Whales holds in 2025. Is it updated momentum with Pepe Coin resulting in a 60% rally up to $ 0.00001465?
Pepe price price target the cup and hold the pattern breakout
The Pepe coin climbed 5.28% on May 7, creating a bullish engulfing candle to complete a morning morning pattern. It is generally associated with a recurrence, as seen in the recovery of intraday of 2.20%. This ends the decline of the baby's trend resulting in a verse of seven consecutive candles.
Pepe exceeds 23.60% Fibonacci levels at $ 0.00000823 and prepares to challenge the long $ 0.0000090 resistance. Moreover, the transfer to the meme coin trend shows a cup and handle pattern. Returning to Pepe prices from $ 0.00000576 in early April and the recent bounce back will complete the pattern. The pattern neckline coincides with the $ 0.0000090 supply zone.
A decisive -day -day candlestick near the top of the neckline will confirm the breakout from cup and handle pattern. This breakout rally can push Pepe to hit a target price of $ 0.000001465 (61.80% fib level). The target is calculated by adding a cup depth to the breakout point. This is in line with the hope of the PEPE coin price prediction, which expects a bullish return of a coin themed meme.
While Pepe is floating above $ 0.0000075, the superend indicator indicates a long -standing bullish outlook. In addition, the MACD and signal lines indicate in a crossover as bullish momentum resurfaces. Therefore, technical indicators support the reversal potential in the price trend of Pepe.
On the flip side, a failure exceeding the neckline will result in another pullback for the Pepe coin. In this scenario, the collapse can retest a $ 0.0000075 mark.
Whale handles increase 24T Pepe in 2025
Based on Intoteblock's The balance by handling the indicator, the hold of the Pepe (10T to 100T) whale increased by 20%. The balance increased from 119.83 trillion Pepe from January 1 to 144.56 trillion on May 7.
Long -term position defensive the short risk of extermination
As per each CoinglassPepe Open Interest stands at $ 396 million, and the long position hits 52.78% in the last 4 hours. The rising long/short ratio to 1.1177 suggests an optimization of optimism. As seen in Pepe Liquidation mapThe positional build-up defends the $ 1.64 million long risk at $ 0.00000832. Considering the new extension of extension, a $ 1.12 million short risk of risk at $ 0.00000843.
Therefore, as the upbringing continues, a potential to climb a short avoidance is to fuel the Pepe rally, increasing the chances of the $ 0.000010 breakout. Thus, setting the stage for a bullish run towards the target of $ 0.00001465.
Often asked (FAQs)
The climb price was filed by the accumulation of the whale of 24 trillion Pepe in 2025 and a cup of bullish and handle the pattern that formed the chart.
If Pepe breaks the $ 0.0000090 neckline, it can rally by 60% to hit the $ 0.00001465 level based on the cup and hold the breakout projection.
The accumulation of whale usually indicates institutional or large investor trust. A 20% increase in whale handling at 144.56T Pepe reflects bullish convincing and often precedes significant price rallies.
Coingape staff
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