{"id":17456,"date":"2025-02-20T21:30:11","date_gmt":"2025-02-20T21:30:11","guid":{"rendered":"https:\/\/cryptd.in\/en\/analyst-says-pepe-price-must-break-this-resistance-level-for-150-surge-toward-aths\/"},"modified":"2025-02-20T21:30:11","modified_gmt":"2025-02-20T21:30:11","slug":"analyst-says-pepe-price-must-break-this-resistance-level-for-150-surge-toward-aths","status":"publish","type":"post","link":"https:\/\/cryptd.in\/bg\/analyst-says-pepe-price-must-break-this-resistance-level-for-150-surge-toward-aths\/","title":{"rendered":"Analyst Says PEPE Price Must Break This Resistance Level For 150% Surge Toward ATHs"},"content":{"rendered":"<p>The PEPE price is currently trading within a Falling Wedge pattern, a historically bullish indicator that suggests an imminent breakout. A crypto analyst <a href=\"https:\/\/www.tradingview.com\/chart\/PEPEUSDT\/WrcB8W9B-PEPE-Bulls-Ready-for-a-Momentum-Shift-Key-Levels-to-Monitor\/\" target=\"_blank\" rel=\"noopener nofollow\">predicts<\/a> that a decisive move above key resistance levels could trigger a 150% rally towards<a href=\"https:\/\/www.newsbtc.com\/meme-coins\/pepe-hits-new-all-time-high-market-cap-surpasses-10-billion\/amp\/\" target=\"_blank\" rel=\"noopener \"> new all-time highs for PEPE<\/a>.\u00a0\u00a0\u00a0<\/p>\n<h2>Key Resistance To Ignite PEPE Price Rally<\/h2>\n<p>Over the past few weeks, Pepe, the popular frog-themed meme coin, has been <a href=\"https:\/\/bitcoinist.com\/pepes-64-drawdown-theory\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">stuck in a downtrend<\/a>, consistently rejecting off of a descending resistance trendline. The meme coin had initially experienced significant gains earlier this year. However, with the recent volatility and the<a href=\"https:\/\/bitcoinist.com\/altcoin-market-lowest-drawdowns\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\"> decline in the broader market<\/a>, PEPE and many other cryptocurrencies have recorded severe losses.\u00a0<\/p>\n<p>Despite the<a href=\"https:\/\/www.newsbtc.com\/analysis\/pepe\/pepe-face-strong-resistance\/amp\/\"> bearish performance<\/a>, a pseudonymous TradingView analyst called \u2018MyCryptoParadise\u2019 has shared a<a href=\"https:\/\/bitcoinist.com\/pepe-coin-price-predictions-for-december-2024-to-february-2025\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\"> bullish forecast for the PEPE price<\/a>. The analyst projects that it could experience a massive 150% price surge, pushing it to $0.00003 and marking new all-time highs.\u00a0<\/p>\n<p>For this prediction to become a reality, Pepe will have to confirm a<a href=\"https:\/\/www.newsbtc.com\/analysis\/pepe\/pepe-flashes-reversal-signal\/amp\/\" target=\"_blank\" rel=\"noopener \"> price reversal<\/a> by breaking above the descending resistance and claiming a new support, as seen on the chart. The TradingView analyst has asserted that Pepe must surpass the $0.000015 resistance, claiming it as new support and a potential launch pad to the bullish $0.00003 target.\u00a0<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-700067\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/PEPE-chart-from-MyCryptoParadise.jpg?w=512&amp;resize=512%2C326\" alt=\"PEPE\" width=\"512\" height=\"326\" loading=\"lazy\" \/><\/p>\n<p>While<a href=\"https:\/\/bitcoinist.com\/pepe-reaches-critical-junction\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\"> breaking above a key resistance<\/a> may seem like an easy feat, the PEPE price has failed to do so over the past few weeks. The meme coin has rejected multiple<a href=\"https:\/\/bitcoinist.com\/dogecoin-price-breakout-2021\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\"> breakout attempts<\/a>; however, technical indicators reveal that Pepe\u2019s current price fundamentals remain bullish.<\/p>\n<p>Notably, Pepe is trapped inside a<a href=\"https:\/\/bitcoinist.com\/bitcoin-forming-massive-falling-wedge-chart-pattern\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\"> Falling Wedge<\/a> on its price chart, a pattern known to precede significant upward momentum once resistance is broken. If demand from buyers successfully pushes PEPE above its $0.000015 resistance level, the analyst believes that a parabolic rally may be in store for the meme coin.\u00a0<\/p>\n<p>Pepe also forms a bullish divergence on the histogram in its chart, signaling a possible<a href=\"https:\/\/bitcoinist.com\/pepe-coin-gains-momentum-eyes-continued-growth\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\"> shift in momentum to the upside<\/a>. The analyst has indicated that for Pepe to reach its projected ATH target, bulls will have to take control, helping to push the meme coin above the Falling Wedge pattern.\u00a0\u00a0<\/p>\n<p>Currently, the asset is sitting at $0.000006 and $0.000012, where buyers have historically stepped in to defend prices and avoid further breakdowns. A surge from its current price of $0.00000945 to $0.00003 would represent an over 150% increase.\u00a0<\/p>\n<h2>Bearish Scenario Unveiled<\/h2>\n<p>While he shared his bullish projection for<a href=\"https:\/\/www.newsbtc.com\/analysis\/pepe\/pepe-price-hits-0-000027-ath\/amp\/\" target=\"_blank\" rel=\"noopener \"> the PEPE price,<\/a> the TradingView analyst also presented an alternative<a href=\"https:\/\/www.newsbtc.com\/news\/pepe-coin\/pepe-bearish-50-price-crash\/amp\/\" target=\"_blank\" rel=\"noopener \"> bearish outlook for the meme coin<\/a>. The analyst urged traders to remain cautious, as failing to hold the $0.000006 and $0.000012 could invalidate the previous bullish setup.\u00a0<\/p>\n<p>The analyst predicts that if the meme coin fails to break this zone, it could trigger increased downside pressure, exposing the meme coin to more risks and possibly triggering a deeper sell-off that would put bears in complete control.<\/p>\n<p><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/WsnreB67\/\" alt=\"PEPE\" width=\"2301\" height=\"1546\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>The PEPE price is currently trading within a Falling Wedge pattern, a historically bullish indicator that suggests an imminent breakout. A crypto analyst predicts that a decisive move above key resistance levels could trigger a 150% rally towards new all-time highs for PEPE.\u00a0\u00a0\u00a0 Key Resistance To Ignite PEPE Price Rally Over the past few weeks, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Analyst Says PEPE Price Must Break This Resistance Level For 150% Surge Toward ATHs - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/bg\/analyst-says-pepe-price-must-break-this-resistance-level-for-150-surge-toward-aths\/\" \/>\n<meta property=\"og:locale\" content=\"bg_BG\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Says PEPE Price Must Break This Resistance Level For 150% Surge Toward ATHs - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The PEPE price is currently trading within a Falling Wedge pattern, a historically bullish indicator that suggests an imminent breakout. 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