Someone who correctly predicted PEPE’s last price jump now says another big rise is coming soon. The meme coin has been gaining attention as new chart patterns suggest more growth ahead.
World Of Charts shared on social media that PEPE recently climbed over 25% after breaking out of a downtrend. Now the analyst sees a bullish flag pattern forming, which typically leads to another upward move.
What you'll learn 👉
PEPE’s Recent Price Journey
From December to early March, PEPE price was stuck in a downward channel. The meme coin kept hitting lower highs and lower lows during this period, worrying many investors.
Things changed in mid-March when PEPE finally broke free from this pattern. This breakout wasn’t just a minor shift – it triggered a massive 83% price increase, as PEPE jumped from about $0.00000069 to $0.00000127.
World Of Charts had spotted this potential move beforehand, though their 25% prediction ended up being much smaller than what actually happened.
What’s a Bullish Flag and Why It Matters
Right now, PEPE is forming what traders call a “bullish flag.” This happens after a strong upward move (the pole) when the price takes a breather and moves sideways or slightly down in a narrow range (the flag).
World Of Charts explains that this pattern usually means the price is getting ready for another jump up. For PEPE, the recent 83% rise represents the pole, and the current sideways movement is creating the flag.
Read Also: Ripple (XRP) Price Set to Surge? Key Drivers Point to $10+
What to Watch For Next in PEPE Price Action
According to World Of Charts, the key thing to watch is whether PEPE breaks above the upper line of the flag pattern. If this happens, especially with increased trading volume, it would likely confirm another rally is starting.
If PEPE successfully breaks out, the meme coin could return to its recent high points or possibly climb even higher.
However, the analyst also warns that if PEPE fails to break upward, the price might fall back to the $0.00000069 level or even lower.
As one of the most popular meme coins in the market, PEPE continues to attract traders looking for big moves. With technical signals now pointing to another possible upswing, many investors are watching closely to see if PEPE will deliver another profitable surge.
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