- PEPE gained 37.5% in two weeks, trading at $0.000012 during a 2.5% upsurge in the cryptocurrency market.
- Whale purchased $4.5 million Tokens; 24-hour volume jumped 1,100% from $600M to $7.6
- Key resistances at $0.000013 and $0.000015; breaking $0.000020 could lead to $0.00005 target.
Pepe (PEPE) has registered a 4.25% drop within the last 24 hours, rising to $0.000012. The rally comes within a wider market recovery, with the crypto market gaining 2.5% overall. Token also boasts a 30% rise over the week and 37.5% in two weeks.
The recent bullishness stems from Token gaining Binance Alpha status, sending investors’ sentiment up by a large amount. $4.5 million was purchased by a reputable whale, indicating massive buying pressure. The meme coin broke above a downtrending wedge, and its rally within an uptrending triangle continues to exhibit momentum to suggest a long-term uptrend.
Bulls Eye $0.000020 Target Next
PEPE faces key resistance at $0.000013 and $0.000015, but rising trading volume and growing community hype suggest bulls are dominant. If it clears these levels, the $0.000020 target becomes viable. Social sentiment remains positive, fueling optimism around continued upside potential in the near term.
Beyond that, $0.00002 to $0.000025 creates a very important resistance band until this week, which may be a breakdown level. CryptoELITES foresaw the potential 40x by November, a strong indication of community optimism. Though ambitious, this highlights PEPE’s bullish trajectory.
Bullish Momentum Could Push PEPE Beyond ATH
The relative strength index (RSI) of PEPE is up but still below the overbought status, indicating further upside. Its MACD signal has turned positive, mirroring previous positive cycles. Notably, its 24-hour trading volume spiked from $600 million to $7.6 billion, a staggering 1,100% increase, signaling new investors’ buying interest.
On-chain evidence supports that whale buying is building up again. These massive purchases, combined with the absence of overbought signals, offer an attractive setup to traders. Token can potentially continue to rally for days or weeks before hitting any significant correction, particularly considering its previous long stretch of sustained seller pressure.
Analysts believe that this token might revisit highs from early January or even exceed its all-time high level of $0.00002803. If there’s continued bullish momentum and there are limited macroeconomic shocks, then it might take the market by surprise. Some even speculate that under perfect storm circumstances, such as token burns, a $1 target.
Also Read: Whales Are Buying: Is Pepe the Next Big Crypto Breakout in July 2025?
