Analysts say Pepe coin charts look promising and might be on the right track for the next comeback. The analyst believes that PEPE could return to the top 20 list among cryptocurrency lists.
The analyst based this analysis on the probability of Pepe coin going up strongly in the trend. However, he stated that this was not financial advice and relied on the combination of patterns and similar data.
The bullish outlook is based on a ‘cup and handle’ and other necessary technical indicators. This pattern is widely recognized as a bullish reversal indicator. It often signals the beginning of an uptrend following the conclusion of a downtrend.
The chart shared by Bitcoin Buddha on TradingView highlighted a rounded bottom pattern. This serves as the foundation for a classic cup and handle formation, often associated with bullish market trends This is the handle that consolidated the price to move upwards.
On PEPE’s daily chart, this structure is identical to some of the previous recoveries from the PEPE asset. In addition, the chart broke out of the falling wedge and the cup and handle formation.
The familiar classic indicator of falling wedges can be thought to indicate a potential bullish trend reversal. This is when a price breaks out from the descending trendline with strong volumes.
Pepe coin chart exhibited the formation of a wedge pattern starting in mid-December 2024. This progression continued through to the end of March 2025. It was just broken after the price had moved higher.
The emergence of these two bullish patterns, the cup and handle and the falling wedge, offers compelling technical evidence. They indicate a potential rally in the price of PEPE. In addition to that, currently ADX line is displaying a relatively low number of 18.45.
This means a weak trend and trend reversal or trend acceleration if buying pressure rises. A higher ADX is usually good in the context of strong ADX, meaning strong trend direction.
However, the current low value is in the context of the fact that PEPE is just starting to get in the directional move, which aligns with the potential upside based on breakout patterns.
According to TradingView data, Pepe coin price on April 3, 2025 was $0.000000722. Pern analyst, PEPE’s key resistance levels are figured at $0.000000841, $0.000001150, $0.000001668 up to $0.000002335.
This is ,the upper target on the previous price movement using Fibonacci retracement levels. Resistance levels suggest where PEPE’s price may struggle as it increases. However, if the token breaks through these levels, it could mean a continuation upward.
Cocontinuea, PEPE is an important player in the sphere of cryptocurrency. PEPE was incorporated and placed among the top altcoins on April 4, 2025, with a market valuation of $2.89 billion.
All the token supply has already been issued, and all of them have a circulating supply of 420.68 trillion. At the same time, the total supply also stood at 420.68 trillion.
Additionally, the number of PEPE holders continues to rise, with over 419,250 holders in place. This is another sign of increasing retail involvement and passion for The token.
With a daily trading volume of $876.89 million, PEPE saw significant activity. However, its value dropped by 25.05% over the past few days.
This drop remained at more than 30% of the market cap, and at least liquidity was good. It is a positive sign for traders and investors looking for a near-term price movement.
The performance of PEPE is also being compared against the market of the entire cryptocurrency, with emphasis on Bitcoin (BTC). The price action of Bitcoin has recently been stuck in consolidation, as it sits around $83,064 when writing.
PEPE chart also has falling wedge formation on BTC/USD chart, and expected breakout is near. As Bitcoin rises, the altitude could fuel the broader market enough to carry the altcoins, such as PEPE, higher.
Based on Bitcoin wedge pattern height, the target is around $115,000. This would also carry much weight for altcoin rallies. PEPE chart analysis is optimistic in terms of upside potential. However, it is important to note the volatility that is emblematic of meme coins.
Pepe coin is highly influenced by changes in social sentiment. Its price can experience significant fluctuations, regardless of technical chart signals.
Also, PEPE’s latest price loss of 4.67% within 24 hours further emphasized the market volatility. Still, the overall long-term technical developments are positive.
The broader market conditions conform with the current market downturns, and a bullish chart structure still prevailed.
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