CoinMarketCap<\/a><\/p>\nTechnicals point to next leg of bull run<\/h2>\n
Pepe\u2019s price chart shows a double-bottom reversal formation, with the neckline recently breached. Weekly technical indicators support a bullish continuation.<\/p>\n
The Relative Strength Index (RSI) is showing a breakout into overbought territory, while the MACD has flipped bullish with a crossover above the signal line.<\/p>\n
The token is currently testing its 200-day moving average on the weekly timeframe.<\/p>\n
If it maintains support above this level, analysts suggest a move towards $0.00001712 is possible, followed by a run to $0.00002118.<\/p>\n
Beyond that, the chart suggests Pepe could test the resistance channel top at around $0.00006, which would mark a new all-time high and potentially attract fresh speculative capital.<\/p>\n
Memecoin sector gains accelerate<\/h2>\n
The broader memecoin market has seen significant gains in the past day.<\/p>\n
BOOK OF MEME jumped 30%, while Fartcoin, Mog Coin, FLOKI, and ApeCoin posted increases between 18% and 20%.<\/p>\n
Several others, including popular tokens in the top 100 by market cap, registered 15% gains or more.<\/p>\n
The rally is widely viewed as being fuelled by Bitcoin\u2019s strength, which has historically served as a catalyst for speculative altcoins.<\/p>\n
Ethereum\u2019s move above $2,200 has also restored confidence in riskier crypto assets, especially tokens with strong community backing like Pepe and others that have experienced prior bull cycles.<\/p>\n
Unlike some of the smaller tokens, Pepe has managed to break key resistance with strong on-chain activity.<\/p>\n
The bullish divergence across technical indicators hints at sustained buying interest, particularly as the meme sector enters what some traders call a \u201cparabolic\u201d phase with high volatility.<\/p>\n
\n
\n
Share this article<\/h6>\n
\nCategories<\/h6>\n
\nTags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n
Diya Poddar Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Price broke resistance at $0.000009 amid 150% volume spike. Whale accumulation triggered breakout to $0.000011 zone. Target levels include $0.00001712, $0.00002118 and potentially $0.00006. The memecoin market is back in focus after Pepe recorded a dramatic 40% surge in the past 24 hours, outperforming Dogecoin, Shiba Inu, and other top tokens. The broader altcoin rally<\/p>\n","protected":false},"author":1,"featured_media":856990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22964,4759],"tags":[11476],"class_list":["post-856989","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jumps","category-price","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/856989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=856989"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/856989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/856990"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=856989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=856989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=856989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/image-27.png\")
\n<\/picture> <\/div>\n![](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/Pepe-price.jpg\")
<\/p>\n