PEPE Coin Price Prediction: Analyst Eyes 30% Rally Ahead
Key Insights:
- PEPE meme coin is poised for a 30% rally. It has formed bullish price action on the daily and four-hour time frames.
- PEPE has a bullish double bottom pattern and broken out of a descending trendline. This suggests a significant rally is incoming.
- The on-chain metrics revealed that 64.50% of top traders hold long positions, while 35.50% hold short positions.
The cryptocurrency market bounced back after the tariff war was paused for 90 days. Amid this, PEPE coin price prediction has gained attention. Many are discussing where the meme coin’s price might be headed in the coming days.
This shift in the market comes after several weeks of downward selling pressure, during which PEPE recorded a 76% price drop. However, looking at the daily chart, the meme coin now appears poised for a massive price recovery.
PEPE Price Action and Technical Analysis
Experts’ technical analysis suggests that the PEPE coin has successfully retested its key support level of $0.0000057 daily. It has formed a bullish engulfing candlestick pattern, indicating potential upward momentum.
This level has always been exceptional for the PEPE price. It has a history of strong price reversals that the meme coin is currently witnessing.
Besides this, the meme coin appears to form a bullish double-bottom price action pattern. The recent upside rally has also broken out of a descending trendline that has been in place since February 2025.
This pattern and the shift in market sentiment signal a bullish trend and indicate significant upside potential. PEPE coin price prediction suggests that maintaining momentum above the key support level is crucial.
If the meme coin sustains this strength, it could rally by 30%. The next resistance level is expected to be around $0.00000887.
Despite this bullish outlook, the meme coin is still trading below the 200-day Exponential Moving Average (EMA) on the daily time frame. This indicated that PEPE’s long-term trend remains bearish.
Traders and investors often use this indicator to identify selling opportunities when an asset experiences some upside momentum.
Bullish On-Chain Metrics
PEPE coin price prediction reflects a shift in market sentiment, with traders changing their prolonged stance. Many are strongly betting on the bullish side as PEPE’s price action shows upward momentum.
According to the Coinglass, PEPE’s Long/Short ratio currently stands at 1.82, indicating strong bullish sentiment among traders.
This metric further reveals that for every 1.82 long positions, there is a single short position. At press time, 64.50% of top traders hold long positions, whereas 35.50% hold short positions.
The data further reveals that traders are currently over-leveraged at $0.00000663 on the lower side (support). There, they have built $2.40 million worth of long positions.
Meanwhile, $0.00000693 is another over-leveraged level on the upper side (resistance). Traders have built $1.65 million worth of short positions. The short positions gradually decline, indicating a bullish outlook for the PEPE meme coin.
While examining the on-chain metrics, the bulls are back and dominating the asset, pushing the PEPE price upward. In addition to trader activity, investors have also begun accumulating the PEPE, as reported by the on-chain analytics firm Coinglass.
Data from the spot inflow/outflow reveals that exchanges have witnessed an outflow of approximately $1.38 million worth of PEPE meme coin over the past 24 hours.
This substantial outflow from exchanges indicates potential accumulation and could increase buying pressure and an upside rally.
Spot inflow/outflow data shows exchanges have experienced a significant PEPE meme coin outflow. In the past 24 hours, approximately $1.38 million worth of PEPE has been withdrawn.
