PEPE Price Surge: Can the Bullish Flag Pattern Drive Prices to $0.000045?

The post PEPE Price Surge: Can the Bullish Flag Pattern Drive Prices to $0.000045? appeared first on Coinpedia Fintech News With the crypto market nearing the $4 trillion market cap, the meme coins are on a rally. PEPE has increased nearly 7% among the top-performing meme coins over the past 24 hours. Ranking as the 21st biggest cryptocurrency, PEPE is inching closer to a $10 billion market cap. Will the ongoing bullish rally result in an extended run for a new all-time high? Let’s find out. PEPE Price Analysis In the 4-hour chart, the price action showcases a sideways consolidation between $0.00001754 and $0.00002332. The consolidation range also forms two parallel trend lines. Tradingview Furthermore, the mentioned boundary lines coincide with the 0.00002360% Fibonacci level. The sideways range forms a bullish flag pattern with the prevailing bull run. The PEPE price is currently trading at $0.00002205 with a higher price action in the 4-hour candle. This bullish candle is challenging the overhead ceiling by completing a rounding-bottom reversal. PEPE Technicals and Price Targets As the broader market recovers, the short-term recovery in PEPE results in a bullish crossover in the MACD and signal lines. Furthermore, the dynamic support from the 50-EMA line and the 100-EMA line in the 4-hour chart increases the chances of a breakout rally. The neckline of the rounding-bottom pattern coincides with the 0.00002360% Fibonacci level. In case of a bullish surge beyond the 23.60% Fibonacci level at $0.00002332, the massive surge will surpass the current all-time high level at $0.00002581. Using the trend-based Fibonacci levels, the upside price targets are at $0.00003208, followed by $0.00004530. In case of a bullish failure, a sideways continuation will likely continue via solid support at $0.00001754 in confluence with the 200-EMA line. Read More: Pepe Price Prediction 2025-2030 FAQs Can PEPE surpass its all-time high? If the price breaks the $0.00002332 resistance level, the meme coin could surpass its all-time high of $0.00002581, targeting $0.00003208. What is the key support level for PEPE? The key support level for PEPE is at $0.00001754, coinciding with the 200-EMA line, which could prevent a further downside. What are the upside targets for PEPE? The immediate upside targets for the meme coin are $0.00003208 and $0.00004530, based on trend-based Fibonacci levels.