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Key Insights:
- Pepe coin is on the verge of breaking out of a key resistance level, which could propel the meme coin by 35%.
- A crypto analyst recently shared that PEPE has broken out of a symmetrical triangle pattern formed on a higher time frame, and is now poised for a 100%–120% rally.
- PEPE’s on-chain metrics flash a bullish signal, with traders and investors strongly betting on the bullish side.
PEPE coin, the third-largest meme coin in the crypto market, is gearing up for another significant price surge. Technical analysis on the daily and weekly charts highlights a bullish price action pattern.
Experts’ Bold Prediction for PEPE Coin
Reputed crypto analysts maintain a strong optimistic outlook for PEPE coin. On July 21, 2025, a well-followed crypto expert shared a post on X (formerly Twitter), noting that the next PEPE wave could be legendary.
The post also included a daily chart of PEPE, which appears to be breaking out of a symmetrical triangle. The expert added that a breakout above this pattern could trigger a rally of 100% to 120%.
Meanwhile, another crypto expert shared a post on X, noting, “PEPE loading 40X rally.” He used a higher time frame chart, which showed that PEPE Coin has been moving within an ascending channel pattern.
The chart showed that PEPE price is currently at the lower boundary of the pattern. That suggested the meme coin is poised for a massive upside rally.
PEPE Price Action and Key Levels
PEPE coin is not just experiencing these patterns, but much more. According to expert technical analysis, the meme coin is currently in an uptrend. It is facing a key resistance level that has bothered it for a prolonged period.
Additionally, on the weekly time frame, PEPE coin price has formed a bullish cup-and-handle pattern. It is now approaching the neckline of this formation.
Based on price action, if the current market sentiment remains unchanged and the price continues to rise, a significant 35% surge could be witnessed.
However, for this to happen, PEPE coin needs to breach the key level of $0.00001516 and close a daily candle above it. On the other hand, if the ongoing market sentiment shifts and the price fails to break through, history may repeat itself, and the price could dip again.
At press time, PEPE stands at $0.000014 and has recorded a price surge of 1.20% in the past 24 hours. The Relative Strength Index (RSI) stands at 70.80, indicating that the asset has entered the overbought region and may face a correction in the coming days.
Bullish Bets by Investors and Traders Soar
Despite the price hovering in overbought territory, investors’ accumulation and traders’ strong bullish bets continue to rise, according to on-chain analytics firm CoinGlass. It reflects growing interest and confidence in the meme coin and hints at the potential for further upside momentum.
CoinGlass data reveals that, amid the current market sentiment, exchanges have recorded an outflow of $2.37 million worth of the meme coin.
This substantial outflow indicates potential accumulation by investors and long-term holders, which could create buying pressure and drive further upside momentum.
Not just that, traders are heavily overleveraged on long positions.
At press time, a major liquidation level is observed at $0.00001358 on the lower side, where $14.18 million worth of long positions have been built. Meanwhile, $0.00001476 is another key level on the upper side, where $7.05 million worth of short positions have been established.
This metric clearly indicates that bulls are strongly dominating the asset and appear to be strengthening PEPE coin’s bullish outlook.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
