Key Takeaways
- The PEPE price continues to struggle within a range, despite market signals indicating a bullish price rally in the coming weeks.
- The price must breakout above its bullish wedge pattern to the upside for clear confirmation of bullish price action.
- If the price of the memecoin trades above $0.00002, we could see traders and investors gain interest in potential long positions.
The cryptocurrency market has been bullish since the start of October, with Bitcoin, Binance Coin, Ethereum, and DOGE leading the way as the market aims for potential new highs. However, other memecoins, such as Pepe the Frog, have struggled to trade to the upside as the price remains within its range of movement.
Despite trading within a range, the price of the memecoin has formed bullish price action, indicating a breakout from its bullish wedge could spark a strong market rally to the upside. This price action has generated market reaction from crypto experts who believe the price of PEPE has what it takes to lead the memecoin rally in Q4, 2025.
A bullish breakout for the memecoin to the upside, accompanied by strong volume, could see the price aim for a higher timeframe target towards a potential high of $0.00003.
PEPE Memecoin Price Analysis
Source – PEPE Price Chart from CoinMarketCap
Following a market rally that reached a high of $0.000025, the price of the frog-themed memecoin has struggled to exhibit strong bullish price action to the upside, despite trading above $0.000012, and has faced rejection within its range price zone.
If the price of PEPE is to rally to a potential new all-time high, it must break above $0.00002 towards a potential $0.00003, with a closing above this zone flipping it into key support. This could open up an opportunity for the price to maintain its bullish price gain.
However, the price has remained within a range ahead of its breakout from a bullish wedge, as traders and investors will be paying close attention to the memecoin.
PEPE trading above new all-time highs could spark a wave of memecoin rallies, together with DOGE, as the dog-themed memecoin has been outperforming really well in the last few days.
Current price action for the memecoin remains neutral, with key attention focused on a potential breakout from its range-bound movement, provided the price holds its support zone at $0.000008.
FAQs
How much is Pepe coin worth today?
The price of the frog-themed memecoin is trading around $0.00001 at the time of writing.
What is the price prediction for Pepe coin?
The memecoin is predicted to trade around $0.00005 towards the end of the bull market cycle.
How high can PEPE go in 2025?
Price has the potential to trade above an all-time high of $0.00003.
Which meme coin will reach $1 in 2025?
DOGE is expected to reach a target of $1 by the end of 2025.
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