- PEPE trades near $0.000010978 resistance as RSI and MACD show increasing bullish momentum.
- Whale activity and $585M in volume support strong market interest in PEPE’s next move.
- A confirmed breakout may lead to a 10x surge, with targets set at $0.00001712 to $0.000090.
Pepe ($PEPE) is trading in a tight range as traders monitor technical signals and rising volumes for its next move. The meme coin, which delivered an over 81 million percent return since its launch, is currently coiling near resistance, with analysts eyeing a massive price breakout toward $0.000090.
Technical Indicators Signal Strength as Resistance Approaches
According to an analysis prepared by @pepecoineth, PEPE’s RSI is trending upward and approaching overheated levels. A confirmed breakout in this trend may lead to a rapid price movement, potentially initiating the next bullish phase.
The MACD has also registered a bullish crossover, supporting expectations for upward pressure. Currently, PEPE is trading between $0.0000076 and $0.0000099. It is nearing a key resistance level at $0.000010978.
The last attempts to cross this zone failed, so a successful breakout would suggest renewed momentum. If the price holds above this mark, traders may see a climb toward $0.00001712. A further move beyond could lead to a retest of $0.00002675.
Whale Activity and Volume Support Uptrend
According to CoinMarketCap data, PEPE saw a 6.5% daily increase recently, with trading volume reaching $585.11 million. This surge reflects strong market participation, which may support the bullish setup.
The coin’s current market cap stands at $3.64 billion, keeping it among the top-performing meme assets. The RSI strength, combined with consistent whale activity and exchange listings like Binance futures, has attracted increased investor attention.
A sustained breakout above resistance could push PEPE toward a projected target of $0.000090. This represents more than a 10x gain from current price levels. Traders are closely watching for confirmation in the coming days. If bullish indicators continue to build, PEPE could see renewed price momentum in the near term.
