This technical strength has fueled speculation about the potential for a bullish continuation. Many traders are closely monitoring the price action, wondering if the meme coin can stage a breakout toward $0.0000105, representing a 50% increase from its current level.
PEPE’s Bullish Momentum: Key Support Holds
Recent PEPE price charts reveal steady movement above critical support levels near $0.00000523, bolstered by sustained buying momentum. As noted by experts, the currency has recorded exceptional strength, coming back from lows in recent times without surrendering its upward momentum. “The price action has been good, as PEPE has remained well above key support levels, allowing bulls to remain in control,” a crypto expert explained.
Pepe Coin (PEPE) price is holding above the dynamic resistance of 50 EMA on the 4-hour chart. Source: TradingView
The Relative Strength Index (RSI) remains in positive territory, indicating that there is still bullishness in place. If that continues, the price of PEPE could move towards the next resistance at $0.0000105, which is an outrageous 50% increase from its current level of about $0.000007.
Resistance and Breakout: What’s Ahead for PEPE Price?
For a clear bullish continuation, PEPE must break through nearby resistance levels. The PEPE price chart suggests that surpassing the $0.00000766 level could signal further upward movement. Should PEPE break this resistance, it could pave the way for additional gains. However, if PEPE struggles to maintain support and fails to hold key price levels, bears might regain control, possibly triggering a pullback.
Despite maintaining support above $0.0000072, PEPE must overcome several minor resistance levels below $0.0000080 to regain bullish momentum. Source: Hmaroudas on TradingView
Traders are watching these critical levels closely, especially given PEPE’s established price patterns. “A breakout above $0.00000766 would be an encouraging sign, opening the door for PEPE to push higher,” said another market analyst.
PEPE’s Market Position and the Challenge of Outpacing SHIB
Pepe Coin’s popularity has put it in direct competition with other big meme coins, like Shiba Inu (SHIB). While it had touched an all-time high of $0.00002825 in December 2024, PEPE’s price saw a sharp correction. However, its market capitalization and trading volume remain considerable. At present, PEPE’s market capitalization stands at approximately $3.02 billion, which is a lot, though still lagging behind SHIB’s market capitalization of $7.51 billion.
PEPE could outpace SHIB in terms of market capitalization. Source: Chandler via X
In order for PEPE to overtake Shiba Inu, it would have to double its market cap. That would require an incredible spike in investor interest and prolonged bullish price momentum. “The question remains: Can PEPE truly flip SHIB in market cap? While PEPE’s price trajectory suggests strong potential, it still has a long way to go before surpassing SHIB,” an expert in meme coins explained.
Potential Price Trajectory in 2025
PEPE’s 2025 price prediction shows further growth, thanks to continued interest in the market. Some even theorized that PEPE’s price may range from $0.000012 to $0.000021 in the second quarter of 2025, depending on overall market trends and investor sentiment.
Pepe has plunged over 80% but is now at strong support, signaling a potential rebound. Source: Ceciliones on TradingView
Bitcoin’s movement could also dictate PEPE’s path, as it has historically affected overall market direction. If Bitcoin embarks on a bullish trend, then PEPE can follow, basing itself on the renewed optimism in the crypto space.
PEPE Price Chart and Investor Sentiment
The PEPE price chart shows clear consolidation patterns and breakout potential. The analysts recommend that long-term whale and retail investor interest, combined with sustained bullish pressure, could push PEPE to new highs. However, a breakdown below significant support levels would be a concern for a potential downtrend.
Pepe Coin (PEPE) was trading at around $0.000072 at press time. Source: Brave New Coin
Given the volatility of meme coins, investors must be cautious because unexpected price movements are common in this market. “PEPE’s price action remains unpredictable, yet overall sentiment suggests that it has enormous short-term upside potential,” added another analyst.
Looking Forward: Is PEPE Ready to Surpass SHIB?
With the meme coin market always shifting, PEPE’s ability to supplant Shiba Inu as the market leader is a discussion that continues. With its high support levels at current prices and potential for future bullish price momentum, PEPE could easily see a huge price spike in the near future. However, supplanting SHIB’s market capitalization would require more than a rise in price appreciation—it would require a change in investor sentiment and sustained demand for PEPE.
In the meantime, PEPE’s price perspective remains upbeat, with the majority of traders watching closely to determine if the meme coin breaks resistance points and makes a sprint toward the $0.0000105 price point. If that breakout is accomplished, PEPE could be one of the top meme coins, but only time will tell if it can overtake SHIB.
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