PEPE

<p>PEPE is turning heads in the crypto space as it completed a chart pattern analysts suggest could indicate a bullish breakout. Prominent analyst Keller Call shared on X (formerly Twitter) that <a href="https://captainaltcoin.com/why-is-pepe-price-pumping/" target="_blank" rel="noopener noreferrer nofollow">PEPE’s price</a> has finalized a “break and retest” phase, which often precedes upward price movement. This analysis, supported by a detailed examination of PEPE’s price chart, reveals multiple factors hinting at a potential rally.</p>
<h2 class="wp-block-heading" id="pepe-chart-analysis-break-and-retest-pattern-signals-bullish-momentum">PEPE Chart Analysis: Break and Retest Pattern Signals Bullish Momentum</h2>
<p>PEPE broke past $0.000001800 and then dipped back to test that level – this pattern traders often see as bullish. The price bounced off $0.000001800, showing it’s now acting as strong support. This successful retest aligns with bullish market behavior, suggesting that buyers are stepping in at this critical zone.</p>
<p>The next big level to watch is $0.000002400. Breaking above that could mean <a href="https://captainaltcoin.com/is-pepe-price-about-to-explode-this-pattern-hints-at-massive-breakout/" target="_blank" rel="noopener noreferrer nofollow">PEPE’s price </a>upward trend will continue.</p>
<p>The chart also reveals a well-defined “cup and handle” pattern, a well-known bullish technical indicator. The rounded base of the cup, formed between May and November, suggests accumulation and gradual recovery after a downtrend.&nbsp;</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="553" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004-1024x553.png" alt="" class="wp-image-589335" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004-1024x553.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004-300x162.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004-767x414.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004-1536x829.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004-2048x1105.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004-278x150.png 278w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004-100x54.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004-649x350.png 649w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004-788x425.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-1004.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/Teamkellerath/status/1862007461835686279" target="_blank" rel="noopener noreferrer nofollow">X/KellerCall</a></em></strong>
 </figcaption>
</figure>
<p>Following the breakout in November, the handle—characterized by a descending channel—indicates a consolidation phase. This pattern often leads to a breakout above the handle, confirming bullish sentiment.</p>
<p>Based on the current price movement, PEPE could make another surge higher if this setup is completed. Looking at the pattern, multiplying the cup’s range from $0.000001200 to $0.000002400 suggests a potential target of $0.000003600 on a breakout.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/polygon-whales-go-on-a-massive-buying-spree-will-pol-price-pump/" target="_blank" rel="noopener noreferrer nofollow">Polygon Whales Go On a Massive Buying Spree – Will POL Price Pump?</a></em></strong></p>
<h2 class="wp-block-heading" id="insights-from-the-analyst-s-tweet">Insights From the Analyst’s Tweet</h2>
<p>Keller Call’s tweet underscores the potential for a bullish move, supported by the observed break and retest formation. The mention of PEPE being “about to go crazy” reflects confidence in the setup, with the implication that the chart is nearing a breakout point. While no specific time frame is provided, the alignment of technical factors makes this a scenario worth monitoring.</p>
<p>As PEPE trades within the handle’s descending channel, a breakout above this pattern could confirm the bullish thesis. Traders are advised to monitor the $0.000002400 resistance level and the descending channel for signs of upward momentum. Conversely, failure to hold the $0.000001800 support level could invalidate this setup and lead to further consolidation.</p>
<p><a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="noopener noreferrer nofollow">PEPE’s price </a>movements remain a focal point for traders and analysts alike, with the chart pattern and support levels indicating a potentially pivotal moment for the token.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/is-pepe-price-breakout-imminent-analyst-predicts-its-about-to-go-crazy-heres-why/" rel="noopener noreferrer nofollow">Is PEPE Price Breakout Imminent? Analyst Predicts It’s About to Go Crazy—Here’s Why!</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Is PEPE Price Breakout Imminent? Analyst Predicts It’s About to Go Crazy—Here’s Why!

Table of Contents

CaptainAltcoin

Other articles published on Nov 28, 2024

Bitwise Files With SEC For ETF Based On 10 Crypto Index Fund

Crypto All-Stars ICO Hits $6.5M as Launch Nears – Next Meme Coin to Explode?

Hong Kong Plans Crypto Tax Break to Attract Investors

Cardano Shows Signs of Potential Breakout as Market Indicators Align

Justin Sun Drops $6.2M on Controversial Banana Art, Calls It a "Cultural Phenomenon"

Render (RNDR) and ONDO Prices Break Key Resistances: New All-Time Highs Next if These Supports Hold

Join our free newsletter for daily crypto updates!