An analysis shared by CryptoELlTES positions Pepe Coin (PEPE) for what could be a 40X price surge. The technical chart he posted outlines a case for a long-term bullish trend, drawing attention to several powerful signals that point to a possible breakout.
The chart shows PEPE moving within an ascending parallel channel, defined by three clear white trendlines. This structure suggests that the Pepe price is respecting both upward and downward boundaries over time, a hallmark of gradual bullish momentum. It’s the kind of formation that seasoned traders watch closely for potential breakout points.
But what really stands out in CryptoELlTES’ analysis is the presence of two large cup and handle formations. These rounded bottoms are classic signs of a bullish reversal pattern. Right now, the PEPE price appears to be forming the base of a new “cup,” which might indicate the early stages of a powerful upward movement.
CryptoELlTES also highlights what he believes could be the local bottom — marked on the chart with a yellow-orange circle and a bold upward arrow. This “bottom” is positioned just above the 61.8% Fibonacci retracement level, a spot that often acts as a reliable launch point for rallies. If that level continues to hold, it could be the ideal moment for bulls to step in.
What you'll learn 👉
What a 40X Rally Would Mean for PEPE Price
The most eye-catching part of the chart is the vertical red arrow pointing to a target of $0.00025626. If this prediction plays out, it would mean a 4,074% increase from the current price of around $0.00000785 — a full 40X move. Notably, this target sits far above the top of the current channel, suggesting that if PEPE breaks out with momentum, the move could be explosive.
CryptoELlTES uses this chart to suggest that we’re not just seeing a minor bounce — this could be the early stage of a much larger shift. His tone is confident: “I’ve shared the dip point with you all, and we’re getting ready for the rise.” According to him, the current sideways action isn’t a sign of weakness, but a moment of consolidation before liftoff.
The psychology here is important. When assets like PEPE consolidate near support zones, weaker hands often panic and sell, while more experienced traders quietly accumulate. If history repeats, the current price action could be a setup for a significant move.
Read Also: XRP Price to $33? This Chart Makes a Convincing Case
It’s a Bullish Chart — But Stay Grounded
There’s no denying that the chart from CryptoELlTES paints a bullish picture for PEPE. The technicals line up. The Fibonacci bounce is clean. The cup and handle patterns are well-defined. And the channel trend is intact. It checks a lot of boxes for short- to mid-term momentum traders.
But it’s important to add some caution. Meme coins like PEPE are famously volatile and highly speculative. Even the strongest technical setup isn’t a guarantee of a 40X move — such a rally would need a surge in volume, investor interest, and likely broader market support.
Still, for those who believe in PEPE’s potential and follow the signals that analysts like CryptoELlTES are pointing out, this chart offers plenty of reason to stay alert. Whether the 40X dream plays out or not, the technicals are worth watching closely in the days ahead.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
