Double bottom formation on the daily chart indicates the oud reflection capabilities of the PEPE code. The price of Meme at 0.00007385 dollars, an increase of 1.43 %.
With Bitcoin jumping over the $ 84,000 sign, the Altcoin package, including PEPE, began to show positive momentum. Will this lead the PEPE price to a new rise?
Technical analysis Bibi
Pepe Price procedure in the daily chart shows a convergence channel that has been implemented since February 2025. After extending to about $ 0.000014 in January, the price was a great correction.
The fall is about 60 % amid withdrawal in the wider market and uncertainty. However, the last double bottom composition above the level of $ 0.000005681 indicates the possibility of reflection of the direction.
The current procedure shows a simple uniformity between the double foundation of $ 0.000005681 and resistant to the neckline of $ 0.00000888. This monotheism, in addition to the formation of modern upscale candles, indicates that the increase in the purchase interest can push Pepe to the top.
Based on Fibonacci retreat levels, the collapse above the resistance of the neck line can be aimed at 38.2 % about 0.00001055, followed by 50 % at about $ 0.00001237. These levels are in line with the previous support areas that are now resistance.
RSI’s reading of 53.80 indicates a transition from the hegemony of Al -Habboudi to a neutral area. This transition above indicates an increase in the upscale momentum, while the gradual rise in RSI since March confirms the possibility of restoring sustainable upward prices.
The MACD index shows a positive intersection with the MACD line exceeding the signal line. The graph is filled with bright green bars, confirming the pressure of the augmented purchase.
PEPE price goals
The important support for PEPE is kept at $ 0.000005681 (the baseline from the double bottom) and 0.000007313 dollars (the last unification decrease). The main resistance is $ 0.000008880 (double neckline) and 0.00001055 dollars (38.2 % of the Fibonacci decline), and the psychological threshold of $ 0.000010.
If PEPE broke the neckline resistance, the scalp move is based on the dual bottom style will expect up to $ 0.000012, an increase of 58 % over the current levels. In the most difficult scenario with a wider market to support it, PEPE can target 61.8 % in approximately 0.00001300 dollars.
On the downside, you will see a break less than $ 0.000005681, as prices test some annual bottoms that are likely to target about $ 0.00,00050.
Buyers market derivative Baby
Baby long/short Graph A dynamic battle appears between long and short situations over time. As of April 14, long long situations dominate 52.44 %, while short centers reach 47.56 %, which gives a long/short percentage of 1.1026.
The graph reveals repeated transformations in feelings, where buyers and sellers alternate control. The last upward trend in the ratio indicates the increasing bullish feelings among merchants.
