Pepe Coin Poised for 45% Surge as Bullish Pattern Hints at Major Breakout to $0.000017, Predicts Analyst

• Pepe Coin is forming an ascending triangle, indicating a bullish continuation with potential for a breakout.
• Bullish RSI divergence shows momentum building despite price consolidation, pointing to a possible upward move.
• The price remains above key EMAs, with rising volume confirming bullish sentiment and higher price targets in sight.

According to crypto analyst JavonTM1, Pepe Coin ($PEPE) could be on the brink of a major breakout. The analyst pointed to a potential 45% climb, pushing the price back to the $0.000017 levels. This prediction follows the confirmation of a bullish pattern, signaling that an upward move is imminent.

Uptrend Momentum Building for Pepe Coin

Pepe Coin has seen notable price movement, particularly after a lengthy consolidation period. The price surged sharply after this consolidation, but a correction soon followed. Despite the retracement, an ascending triangle pattern began to form. 

This pattern is often a sign of a continuation of the previous uptrend. The coin’s resistance stands just below the 0.000000235 mark, with strong support forming a dynamic trendline. If buyers continue stepping in, the upward momentum could lead to a push past this resistance.

Bullish RSI Divergence and Key Levels

Pepe Coin is also seeing bullish divergence in the RSI (Relative Strength Index), a technical indicator that suggests upward momentum is building despite the overall price consolidation. The RSI is forming lower lows while the price maintains higher lows, indicating a growing likelihood of a breakout. 

With key levels between 0.000000210 and 0.000000235, a break above resistance could see the price rally toward 0.000000265 or higher. However, failure to hold the support trendline could push prices lower.

Volume and Moving Averages

The PEPE/USDT chart on a 4-hour timeframe, where bullish momentum remains strong. The price has surged past crucial psychological levels and is currently trading around 0.000001139. Notably, the chart shows increasing volume, signaling growing interest in Pepe Coin. 

Moreover, the price remains above both the 50 and 200 EMAs (Exponential Moving Averages), reinforcing the bullish trend. The market is monitoring the 0.000001200 level as a key resistance, with any break above likely pushing the price higher to the 0.000001300 zone.