
Jakarta, Pintu News – In the turbulent world of cryptocurrencies, Pepe Coin is currently at a tipping point.
With chart patterns indicating potential upside, as well as trading volumes reaching record highs, the frog-based meme currency may experience a price spike or a drastic drop.
Recent analysis suggests that Pepe Coin (PEPE) could surge by 40% or fall by 50%, depending on the next price movement.
Since peaking on May 23 at $0.0000163, Pepe Coin (PEPE) has formed a pattern of lower highs and lower lows, which indicates a bullish falling wedge pattern.
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If Pepe Coin (PEPE) manages to break the upper trendline of this wedge, a price surge up to $0.0000181 is expected. Currently, the price is approaching the upper trendline, and a strong daily candlestick close above $0.0000108 would confirm this breakout opportunity.

This pattern is supported by a bullish crossover on the Moving Average Convergence Divergence (MACD) on the daily chart, which indicates a change in momentum to a more positive direction. In addition, the close above the 200-day Simple Moving Average (SMA) also signals a bullish change in market structure.
If the current pullback can hold above this SMA, Pepe Coin (PEPE) might enter a sustainable uptrend.
Pepe Coin (PEPE) spot and derivatives trading volume has reached new highs, with 24-hour trading volume reaching $1.6 billion, surpassing other meme currencies such as Dogecoin .
Data from Coinglass also shows a 37% jump in derivatives volume in the last 24 hours, reaching $3.94 billion. This spike signals high trader interest and speculative positioning ahead of major price movements.

The 10% increase in open interest to $573 million also goes hand in hand with the increase in 24-hour volume, indicating the opening of new positions on Pepe Coin (PEPE).
Furthermore, the hyperliquid whale tracker reports that whales have opened long positions of over $4.5 million in the last 24 hours, providing further support for a potential Pepe Coin (PEPE) price rally of 40%.
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Although there are many indicators supporting the price increase, the risk of failure remains. If Pepe Coin (PEPE) fails to maintain critical support at $0.0000106, this will validate the falling wedge pattern and bullish expectations up to $0.0000181.
In this scenario, Pepe Coin (PEPE) price could fall by 50%, as previously analyzed by CoinGape page. Failure to break wedge resistance or maintain support at the lower trendline could invalidate this bullish setup and pave the way for further declines.
Investors and traders should monitor these indicators closely to make informed investment decisions.
With all the technical indicators and trading volumes in favor, the future of Pepe Coin (PEPE) looks set to be heavily influenced by price movements in the near future.
Whether there will be a big surge or a sharp drop, the crypto market is always full of surprises. Market participants should remain vigilant and prepared for every eventuality.
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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.
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