After months of sliding lower, PEPE is finally showing signs of life as May kicks off. Back in March 2025, the meme coin dipped into a key support zone between $0.00000550 and $0.00000650, a range that had acted as a strong launchpad during several rallies in 2024.
That bounce came after a long drop within a falling wedge, which is often a setup for a trend reversal. Once PEPE price held that support, it started to build a rounded bottom, a pattern that usually points to slow but steady recovery. From the March low around $0.0000056, the price has climbed more than 60%. As of now, it’s hovering close to $0.00000900.
What makes this move even more interesting is the breakout above the falling wedge. Combined with the rounded bottom forming right at strong support, it could be the early sign of a bigger trend shift. On top of that, Bitcoin had a solid month in April, jumping about 14% from $83,000 to $94,000. That boost in BTC gave the whole altcoin market, including PEPE, a much-needed push.
Read Also: Is Bittensor Done Pumping? What RSI and TAO Price Action Are Telling Us
So what could happen next?
We asked ChatGPT to run three different price scenarios for PEPE based on market conditions and technical setups.
What you'll learn 👉
Bearish PEPE Price Scenario for May: $0.00000650 to $0.00000700
This downside case could unfold if PEPE fails to break above the short-term resistance at $0.00000920. If the breakout turns into a bull trap and daily closes begin trending lower, sellers might push the price back toward the historical support zone.
This outcome becomes more likely if Bitcoin price sharply pulls back below $88,000 or even under $80,000. Weak volume and reduced interest in meme coins could also contribute to such a drop, potentially dragging PEPE price back near its previous lows.
Realistic PEPE Price Scenario: $0.00000980 to $0.00001100
If Bitcoin holds steady between $90,000 and $100,000, PEPE price might keep grinding upward. As long as it holds support around $0.00000800 and keeps forming higher lows, there’s a good chance it could build enough momentum to retest the earlier highs near $0.00001100.
This assumes the market stays somewhat positive, with people buying when prices drop. Steady market confidence and healthy volumes will be needed.
Optimistic PEPE Price Prediction: $0.00001300 to $0.00001500
If Bitcoin breaks $100,000 in May, we might see other coins rise too. This could really help meme coins like PEPE, which already shows a rounded bottom pattern and has broken out of its previous range.
There are others who say that PEPE could make a run at $0.00001300 to $0.00001500 if the volume of trading picks up, new investors get in, and social media buzz returns in effect. And if it can break that critical $0.00001100 resistance level convincingly, there is a decent chance that it could go even higher.
Moreover, what will happen to PEPE in May mostly depends on whether Bitcoin keeps going up and if PEPE price can stay above $0.00000920. While there’s potential for growth, dropping below support could send prices back down. Either way, May looks like an important month for PEPE.
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