Is Pepe Coin Set to Skyrocket 40X in This Bull Run? Crypto Experts Weigh In!

Jakarta, Pintu News – The world’s leading crypto analysts have recently shaken the market with extremely bullish forecasts for the price of Pepe Coin PEPE->Current PEPE PriceRp 0Market Cap-Trading Volume-Circulating Supply-.

Amidst a weekly price increase of 22%, analysts such as Ali Martinez, CryptoELITES, and World of Charts predict that PEPE will soon experience a major surge.

One analyst highlighted potential gains of up to 40-fold, while another predicted that the bullish trend would bring a price surge of around 50%-60%. These optimistic projections come amid market euphoria after a period of turmoil that saw PEPE prices plummet nearly 30% in the past month.

Analysts Predict Pepe Coin is Poised for a Bullish Breakout

Crypto analyst Ali Martinez revealed via the X platform on March 18 that Pepe Coin’s price is preparing to experience a bullish breakout. According to the analyst, since the beginning of this month, PEPE formed an inverse head and shoulders pattern on the hourly price chart.

Read also: Bitcoin Holds Strong at $82,800 Today (March 19, 2025) – Poised for a Surge to $89K or a Drop to $77K?

This pattern suggests the presence of a neckline resistance at the $0.0000075 level. Additionally, the analyst revealed that the price action in the last 24 hours has formed part of the right shoulder of the pattern.

If the price manages to break this resistance line on a sustained basis, then a 40% price spike could occur.

For information, the inverse head and shoulders pattern is a chart formation that signals a potential trend reversal from bearish to bullish. Traders and investors usually see this pattern as a positive signal for a significant price increase.

Has PEPE Price Reached the Bottom?

Simultaneously, CryptoELITES analysts via the X platform revealed that Pepe Coin’s price has confirmed its bottom at $0.0000069834. This analyst had previously predicted such a drop, while the current price has risen quite significantly from that level.

As of March 18, 2025, the price of PEPE was trading at $0.000007181, up 6% in a day. The meme coin touched a daily high of $0.000007582, even breaking the neckline resistance highlighted by Ali Martinez.

Although this price action is increasing bullish sentiment among investors, CryptoELITES believes that this surge is just the beginning, with a 40x upside target still in sight.

Another Analyst Gives Bullish Prediction for Pepe Coin

Simultaneously, World of Charts analysts revealed via X that Pepe Coin is currently trading in a crucial area, while highlighting an inverse head and shoulders pattern.

Read also: 11 Crypto to Watch for the Next Bull Run, According to Experts

This prediction further boosts market optimism, as the analyst forecasts a 50-60% bullish run after a breakout from a similar resistance level, which is around $0.000007.

As a result, crypto market participants are increasingly optimistic about the price of PEPE, especially after various renowned analysts gave bullish views.

In addition, the PEPE price analysis conducted by the CoinGape website also highlighted the same technical pattern, further strengthening investor sentiment towards a potential bull run.

Market Dynamics Already Optimistic?

According to CoinMarketCap data, the price of Pepe Coin has risen by almost 22% in the past week. Further gains are still to be expected, especially with the recovery sentiment that is developing ahead of the US FOMC decision.

Data from Coinglass also shows growing market interest in PEPE, along with various bullish predictions.

Open Interest (OI) in PEPE futures jumped more than 8% to $237.90 million, while its derivatives trading volume increased nearly 16% to $627.05 million.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Pepe Coin Price Eyes 40X Breakout Amid Bull Run, Here’s All. Accessed on March 19, 2025