It looks like something big could be brewing for PEPE. According to analyst Davie Satoshi, the weekly chart is reaching a critical point that often marks the end of a correction and the start of a fresh rally.
Davie pointed out that every time PEPE’s Stoch RSI bottoms out and crosses over, it lines up perfectly with previous market lows. That pattern appeared during wave ii of 3 of 1, wave 4 of 1, and wave A of 2, all followed by huge green candles. And now, that same setup seems to be forming again.
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What you'll learn 👉
Why the PEPE Stoch RSI Matters Right Now
If there’s one indicator that nailed PEPE major turning points, it’s the Stoch RSI. Every single time it reached the oversold zone and crossed upward, PEPE followed with a massive rally.
The PEPE chart shows the Stoch RSI curling up again in that exact same zone. It’s a classic sign that momentum could be shifting back in favor of the bulls.
Rapid Fire Charts: $PEPE
— davie satoshi (@NFTdavie) October 18, 2025
The weekly chart for $PEPE has been our compass on where we are. When we look at the stoch RSI. Each low and cross over corresponded perfectly with the low of the major corrective waves (waves ii of 3 of 1, wave 4 of 1, and wave A of 2). We are seeing… pic.twitter.com/KwBG5Eq4Ds
Davie said wave C of 2 might still have a bit of room left to play out, but overall, this correction looks almost done. “There’s enough to say this is done, but you can also make an argument it’ll take a few more weeks,” he explained. Either way, the key takeaway is the same, the next move looks higher.
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Key PEPE Price Levels to Keep an Eye On
Right now, PEPE is sitting close to the bottom of its recent range, trading around $0.056886. That area has held strong in the past, acting as solid support during previous market dips.
If PEPE price breaks above the dotted resistance line, that could be the confirmation traders are waiting for. Above that level, there’s room for PEPE to run fast, potentially setting off what some call a “GOD candle”, a huge, impulsive green breakout.
The longer-term Elliott Wave count even shows a massive wave 3 target zone stretching well into 2026 and beyond. If that plays out, this could mark the start of PEPE’s next big trend.
The Bottom Line
PEPE chart is showing signs of life again. The Stoch RSI is turning up, key supports are holding, and wave C of 2 looks close to being done.
If this setup plays out like the previous ones, the next few weeks could bring the kind of explosive move that PEPE is known for.
It’s all about timing now, and if the pattern repeats, that long-awaited green candle could be just around the corner.
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