Technical Analysis: Higher Low Pattern Indicates Potential Accumulation Zone

Updated

April 17, 2025

Gambar Technical Analysis: Higher Low Pattern Indicates Potential Accumulation Zone

Jakarta, Pintu News – While the cryptocurrency market has been flat in recent weeks, one meme-themed crypto asset, Pepe Coin , is showing an interesting technical formation.

Although PEPE prices are likely to weaken as selling pressure continues, technical analysts see a reversal pattern that could mark the beginning of a major price rally. In fact, if this pattern is realized, PEPE could potentially surge up to 796% before the end of 2025.

Higher Low Pattern Indicates Potential Accumulation Zone

According to MasterAnanda’s analysis through the TradingView platform, PEPE’s current price structure shows a similar pattern to what happened in 2024 before the coin reached its highest point at $0.00002803 (approximately Rp471 at an exchange rate of Rp16,820/USD). In the period from May to September 2024, PEPE moved in a downward channel before finally breaking out and setting a new price record in December that year.

A similar pattern is now starting to form again, signaling a higher low. This suggests that selling pressure is starting to weaken and investors are starting to accumulate. Although volatility is still high, this condition is considered an opportunity by long-term investors to start adding positions.

Also Read: XRP Current State: Price Consolidation and Potential Breakout Amid Ripple and SEC Deal

Bullish Momentum Established, but Volatility to Watch Out for

Especially for spot investors, this phase is considered a crucial moment to enter the market before a potential price spike occurs. However, for leveraged traders, caution is still required as there is still a possibility of a shakeout or short-term weakness that could trigger liquidation. MasterAnanda emphasizes the importance of risk management, especially ahead of a potential breakout from the current price structure.

The reversal structure formed on the daily candlestick chart shows two peaks and two clear valleys. This forms a technical formation that supports bullish projections, provided there is confirmation of volume and favorable market sentiment. According to the analyst, while there may be a momentary dip, this could be the last moment for accumulation before prices move into a new cycle higher.

Price Target Based on Fibonacci

Based on the analysis of Fibonacci extension levels, there are two main targets of concern. First, the 1,618 Fibonacci level indicates a potential upside of up to 480%, while the 2,618 level indicates a potential maximum rally of up to 796%. If these projections are accurate, the price of PEPE could surpass $0.0004264 or around €7.17, far surpassing its previous high.

While this is only a technical projection and may not necessarily be realized, the pattern’s congruence with previous rallies gives technical analysts ample grounds for optimism. However, as always, in the cryptocurrency world, predictions are speculative and should be approached with caution.

Current Position of PEPE Price: Declining but Stable

At the time of writing, the price of PEPE stands at $0.00000708, equivalent to about $119, and has decreased by about 4.7% in the last 24 hours. Despite being in a consolidation phase, interest in the coin remains high among the crypto community due to its extreme volatility, which often provides opportunities for large profits in a short period of time.

PEPE is known as one of the fastest-rising meme coins, and although it was once considered to be a community-based project, the high trading volume and speculation still make it an interesting asset to watch.

Conclusion

With technical indicators showing patterns similar to previous bullish cycles, Pepe Coin (PEPE) has the potential to experience a significant price surge until the end of 2025. However, like all investments in crypto, risks remain high, and investors should rely on thorough research and a strong risk management strategy before making a decision. While targets of up to 796% seem ambitious, the history of the crypto market has proven that extreme moves are not impossible.

Also Read: XRP Price Outlook After Ripple and SEC Lawsuit Settlement

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

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