logo

PEPE Coin (PEPE) Surges 5% – Rounding Bottom Signals Extended Rally Potential

By: fxleaders|2025/05/12 15:45:04
0
Share
copy
Pepe Coin (PEPE) is on the move again, up 5% today to $0.00001453, a new high since January 31. This is 68% up for the week, mostly due to a $1.14 million short liquidation which forced bears to cover, and therefore buy. The big bullish signal was when PEPE broke above the 200-day EMA and the 61.80% Fib at $0.00001426. This confirmed the rounding bottom pattern on the chart, which is a bullish trend. If PEPE closes above this neckline, it could go to the pattern target of $0.00003864, 170% from current price. Technical Indicators Support Uptrend Momentum indicators also support the bullish view. MACD has green histograms, buying pressure is building. Both MACD and signal lines are up, more bullish. 50 and 100-day EMAs are up, potential golden cross. If up, next resistance is at $0.00001870 (78.60% Fib), then $0.00002649 (100% Fib), 75% from current price. If can’t close above $0.00001426, consolidation. If below $0.000010, bearish structure broken. Rising Wedge: Be Careful Despite the bullish indicators, be careful. PEPE/USDT is testing the upper boundary of a rising wedge, a pattern that often means reversal. If can’t break above $0.00001478, pullback to $0.00001395 is likely, 50-period EMA at $0.00001235 is strong support. Trade Setup: Buy Above: $0.00001478 Take Profit: $0.00001571 Stop Loss: $0.00001395 Be careful, if below $0.00001395. Mixed signals, watch the close.

You may also like

How to balance risk and return in DeFi yields?

Have these yields ever been reasonable? Have we ever received the compensation we deserve for the risks taken in DeFi, and where should the future spreads be set?

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.
The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Popular coins

Latest Crypto News

04:42

Data: In the past 24 hours, the total liquidation across the network was 111 million USD, with long positions liquidated at 27.192 million USD and short positions liquidated at 84.1511 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $111 million, with long positions liquidated at $27.192 million and short positions liquidated at $84.1511 million. Among them, Bitcoin long positions were liquidated at $1.585 million, Bitcoin short posi...
BTCBTC
--
ETHETH
--
03:42

The U.S. bond market is focused on the Federal Reserve meeting, with the probability of a rate cut by the end of the year rising to 40%

According to Jinshi reports, as the situation in the Middle East drives up oil prices, traders in the U.S. Treasury market are closely monitoring this week's Federal Reserve meeting to assess officials' views on the inflation outlook. The market generally expects the Federal Reserve to maintain inte...
02:42

Data: If BTC falls below $74,246, the cumulative long liquidation intensity on mainstream CEX will reach $972 million

According to Coinglass data, if BTC falls below $74,246, the cumulative long liquidation intensity on mainstream CEX will reach $972 million. Conversely, if BTC breaks above $81,462, the cumulative short liquidation intensity on mainstream CEX will reach $836 million.
02:42

Data: If ETH falls below $2,243, the cumulative long liquidation intensity on major CEXs will reach $841 million

According to Coinglass data, if ETH falls below $2,243, the cumulative long liquidation intensity on mainstream CEX will reach $841 million. Conversely, if ETH breaks above $2,461, the cumulative short liquidation intensity on mainstream CEX will reach $395 million.
00:42

Trump: The war with Iran will end soon, and the United States will win

According to Jinshi reports, U.S. President Trump stated in an interview with Fox News that he believes the war with Iran will end soon, and the U.S. will achieve victory. If Iran wants to negotiate, they can call the U.S. side, "I hope Iran is a bit smarter."
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com