Pepe has outperformed the wider meme coin sector amid significant whale accumulation, a testament to bullishness for Pepe price predictions.
The meme coin surged 2.5% during Monday trading, outpacing the CoinDesk Memecoin Index’s 2.24% gain over the same period.
With markets anticipating another 50 bps in rate cuts before year-end, the macro backdrop continues to drive capital rotation into higher-risk assets like meme coins.
Whale behavior underscores the trend. Over the past month, the 100 PEPE wallets have deepened their holdings by 4.18% to 307.6 trillion tokens, according to Nansen data.
Pepe may be facing its last buy-the-dip opportunity before a breakout, as it nears the apex of a 7-month bullish pennant pattern.
The meme coin is currently retesting a historically significant demand zone around $0.000009, a consistent bottom marker and launchpad throughout its consolidation.
Pepe currently retests a historically significant demand zone around $0.000009, acting as a bottom marker and launchpad throughout the pattern’s consolidation.
A bounce here could set sights on the key breakout threshold at $0.0000125, a long-standing supply zone that has capped upside throughout the pattern.
With this level as support, a fully realized breakout could see a 210% move to all-time highs at $0.000029, opening the door to new price discovery.
With continued U.S. interest rate easing into 2026 and growing potential for TradFi exposure through ETFs, the rally could extend 430% to $0.00005.
However, momentum indicators signal caution. Sellers appear to overpower buyers, with the RSI facing rejection at the neutral line.
The MACD histogram also narrows in on a potential death cross below the signal line. Its golden cross has been brief, underscoring weak conviction among bulls.
A breakdown remains on the table. Losing the $0.000009 support risks invalidating the pattern, with downside potential toward $0.0000055, a previous support zone.
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