PEPE Gears Up for a 150% Jump – Is a New ATH on the Horizon?

• PEPE faces key resistance, with a breakout potentially triggering a 150% price surge.
• Whale accumulation and rising holder count signal confidence despite reduced speculative trading.
• A major rally could boost PEPE’s momentum, pushing toward a new all-time high.

Pepe Coin—PEPE, is at a critical point, fighting to regain momentum. After reaching $0.00002828 in December 2024, the meme token tumbled 65%, erasing billions from the market. Despite the sharp decline, analysts remain hopeful. A strong breakout could trigger a massive rally. With major investors accumulating and market conditions shifting, a surge may be approaching.

Technical indicators reveal mixed signals. A death cross confirmed a bearish trend, with the 50-day moving average dropping below the 200-day moving average. Strong resistance remains at the 61.8% Fibonacci retracement level near $0.000011, making upward movement difficult.

However, optimism is building. A falling wedge pattern, often seen before breakouts, has appeared on the charts. A move above the $0.000012 resistance level could open the door for a 150% rally, pushing the price toward $0.000025. Similar patterns in past cycles led to strong recoveries, giving investors reason to stay hopeful.

Trading activity has slowed, showing lower speculative interest. Open interest in PEPE futures has dropped from $556 million in January to $258 million. Fewer leveraged positions suggest that short-term traders remain cautious. However, long-term holders tell a different story. The number of PEPE holders jumped from 384,000 to 404,100 in one month, reflecting confidence among committed investors.

Whale movements indicate preparations for a major shift. Trading volume spiked 164% to $983 million in early February before dropping to $482 million. Large investors may be positioning themselves ahead of the next big move. Meanwhile, Bitcoin and Ethereum continue consolidating, shaping sentiment across the market.

A breakout in major cryptos could fuel momentum for meme tokens like PEPE. While challenges remain, momentum is building beneath the surface. A decisive push above resistance could ignite a powerful rally. Investors closely watching PEPE may witness another explosive surge.

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