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The PEPE

The post <a href="https://coinpedia.org/price-analysis/with-pepe-price-breakout-closer-bulls-aim-for-0-000015/">With PEPE Price Breakout Closer, Bulls Aim For $0.000015</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With <a href="https://markets.coinpedia.org/bitcoin/">Bitcoin</a> trying to sustain dominance at the $70,000 mark, the meme coins are projecting a reversal in the underlying sentiment. Amidst this, the <a href="https://markets.coinpedia.org/pepe/">PEPE</a> price trend showcases high chances of prolonging the uptrend.&nbsp; 
Further, with just a week left for the Bitcoin <a href="https://coinpedia.org/beginners-guide/what-is-bitcoin-halving/">Bitcoin Halving</a>, the anticipations for an altcoin season are high. Will PEPE spearhead the market-wide recovery and go for the next massive jump this month? Find out more in our <a href="https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/">PEPE price prediction</a>.&nbsp; 
<h2 class="wp-block-heading" id="h-pepe-price-performance">PEPE Price Performance</h2> 
Amidst the altcoin sea, the volatility is growing intense as many find a boost while some are under stress. The PEPE meme coin stands somewhere in between, it is preparing for a bounce back, stronger than before.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/04/12124154/image-395-1024x509.png" alt="" class="wp-image-289561" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/12124154/image-395-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/12124154/image-395-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/12124154/image-395-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/12124154/image-395-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/12124154/image-395-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/04/12124154/image-395.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<a href="https://www.tradingview.com/x/BZlCZtze/">TradingView</a> 
In the daily chart, following the bull run, the PEPE price trend enters a pullback phase. With this, a descending triangle is visible with a solid trendline that keeps the bullish growth in check.&nbsp; 
However, the recent bullish reversal from the 50D EMA teases a double-bottom formation within the pullback pattern. Further, the reversal pattern arises at strong support of the $0.0000063 zone.&nbsp; 
Thus, the overall chances of a reversal leading to a bullish breakout of the pattern are significant. With this, the sideliners can find an opportunity to buy the dip before the anticipated breakout rally.&nbsp; 
Technical Indicators:&nbsp; 
EMA: The overall bullish trend continues, with the 200-day and 50-day EMAs remaining in positive alignment. Presently, the 50-day EMA offers dynamic support during the pullback, suggesting a potential rebound.&nbsp; 
Also Check Out : <a href="https://coinpedia.org/price-analysis/will-eth-fomo-rally-kick-in-after-the-bitcoin-halving-here-is-what-you-can-expect-from-ethereum/">Will ETH FOMO Rally Kick-In after the Bitcoin Halving? Here is What You Can Expect from Ethereum</a> 
<h2 class="wp-block-heading" id="h-will-pepe-become-the-1-meme-coin">Will PEPE Become The #1 Meme Coin?</h2> 
With the PEPE price trend at a pivotal stage, a surge in trading volume boosting the reversal could lead to a massive surge. Currently, the meme coin is under the $0.00010 psychological mark, trading at $0.000007305.&nbsp; 
As per the trend-based Fibonacci levels, the breakout rally could aim the $0.000015 mark.&nbsp;

With PEPE Price Breakout Closer, Bulls Aim For $0.000015

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