Pepe Coin News: Is a Breakout Imminent After Bullish Crossover?
Key Insights:
- PEPE as of press time was on the verge of a major breakout.
- Weekly RSI bull cross happened as the MACD momentum returned bullish after turning bearish on the wave high.
- It’s worth noting that some altcoins were performing quite well but BTC dominance at 62% needs to break the trendline to give us some room for an altseason.
The cryptocurrency markets specifically, diving into the PEPE coin news near the important resistance zone located at $0.00000900 showed that it had previously pushed down.
Projections suggested that PEPE could follow Trend 1 with a confirmation if PEPE breaks out above this resistance level enabling a price move towards $0.00001050 with potential reaching $0.00001100.
Bullish strength might be strengthened if the $0.00000900 support level successfully holds during a second test making further increases possible.
The rejection at this resistance area could activate Trend 2 path which would push prices downwards toward the $0.00000750 support line.
A takeover of control by sellers could initiate a deeper price drop that might reach $0.00000700.
Crossing above resistance would change market sentiment to bullish yet resistance failure would boost bearish forces.
The price behavior near $0.00000900 could decide which direction the trend could move.
A successful breakout could spark an upside momentum while rejection could result in another supportive test at lower levels followed by a new attempt for upward movement.
Weekly RSI Crossover and MACD Momentum
In late March 2025, there were bullish indications on PEPE’s weekly chart on Binance exchange adding into the potential for a breakout even if price retested lower support first.
PEPE coin price had advanced from an expanded flat low of a $0.00000530 C wave in November 2024 to $0.00000873, the potential start of wave 1 of an HTF impulse following an expanded flat correction.
B wave’s high had been previously traded at $0.0000130 in September 2024 prior to the correction.
The RSI for the week was 46.04, a whisker from a bullish cross, while the MACD was in the process of turning around from bear pressure to bull pressure at -0.00000003 as upward pressure continued to mount.
Price was capped at resistance at $0.00000880 and at support at $0.0000075. Breaking above $0.00000880 would help push PEPE to $0.0000114, reiterating the bullish push.
But to not hold at $0.0000075 would send it right back down to $0.0000035, thwarting the impulse.
Chart patterns and indicators hung in the balance that PEPE might move up higher again, but breaking below significant support levels would have been a reversal.
PEPE Coin News on Potential Altcoin Season
It’s worth noting that some altcoins were performing quite well but BTC dominance at 62% needs to break the trendline to give some room for an altseason.
For instance, PEPE led the likes of Shiba Inu (SHIB), and Maker (MKR) with 8.10%, 7.46% and 6.02% respectively, edging ahead of Bitcoin.
PEPE coin news also presented the potential for an altseason as the Bitcoin dominance showed a rate of approximately 62% during March 2025 that indicated a downward trend.
Bitcoin dominance reached its maximum point of 64% during early February 2025 but showed a downward movement during the same period until reaching 61% in March 2025.
A continued decline from a weakened market share would create conditions for an altseason. This would want the trendline broken a sustained stay below this level.
If Bitcoin’s market dominance decreased continuously in PEPE’s positive historical period then this could support PEPE surging from $0.00000873 to $0.0000114.
The Bitcoin dominance level above 61% or recovery to 64% would indicate PEPE needed to sell down to reach $0.00000750.
A confirmed drop below the trendline break at 61% would activate altcoin rallies yet a failure to break down would maintain Bitcoin dominance preventing PEPE from experiencing an upward rise.
