PEPE Is Waking Up: Can It 2x From Here?

PEPE coin is back in the spotlight as bulls regain control, pushing prices higher after weeks of sideways movement. As meme coin mania shows signs of returning across the market, PEPE price is flashing early signs of a potential breakout. But is this just another pump—or the beginning of a much larger move?

In this article, we’ll break down the PEPE price daily chart, uncover the key resistance levels, assess RSI momentum, and calculate the next price targets using technical analysis. If you're wondering whether it's time to jump in—or stay out—this deep-dive will give you the clarity you need.

PEPE Price Prediction: Why Is PEPE Price Gaining Momentum?

PEPE price is showing signs of a renewed bullish trend, closing today at $0.00001297, up +4.55%. The recent surge is not random—it’s backed by a clean bullish structure. After bottoming near $0.00000900, PEPE has built a series of higher lows and strong green Heikin Ashi candles, a classic reversal pattern.

We also see a breakout from a key resistance around $0.00001200, flipping this level into new support. This move indicates accumulation is likely over, and PEPE price could be entering a new markup phase.

What Does RSI Say About PEPE Price?

The RSI (14) is now at 69.71, just below the overbought threshold of 70. This is significant—it suggests strong bullish momentum but still leaves some room for upside before overbought conditions fully kick in.

Compare this to early May, when RSI peaked above 80 before a short-term pullback. This current move is more gradual and healthier, supported by rising volume and a more sustainable price climb.

Where Is PEPE Price Headed Next? Price Targets and Calculations

Looking at the Fibonacci retracement and horizontal resistance zones drawn on the chart, here are the key upside targets:

Target 1: $0.00001350
Target 2: $0.00001520
Target 3: $0.00001780 (Mid-May high)

If PEPE price breaks the current resistance at $0.00001321 (as marked on the chart), we could see a measured move based on the last impulse leg:

Calculation:
Previous impulse leg: $0.00000900 → $0.00001297 = +0.00000397 gain
Projected move on breakout above $0.00001321 = $0.00001321 + $0.00000397 = $0.00001718

This aligns with the third target zone and a potential +32% move from current levels.

What Are the Risks?

While the trend is bullish, traders should monitor the RSI approaching overbought conditions. A rejection at $0.00001321 followed by a break below $0.00001200 could invalidate the short-term breakout and push PEPE price back toward the $0.00001050–0.00001100 demand zone.

Additionally, the presence of upcoming macroeconomic events (as seen from the icons below the chart) suggests volatility may spike around July 18–22.

PEPE Price Prediction: Is PEPE Ready to Fly?

The current PEPE price chart is setting up for a bullish breakout, supported by strong Heikin Ashi candle structure, RSI momentum, and reclaimed resistance levels. As long as PEPE holds above $0.00001200, the odds favor a continuation toward $0.000015–0.000017 in the coming weeks.

However, short-term consolidation or minor pullbacks could occur as RSI nears overbought territory. Traders should watch price action around the $0.00001321 level for confirmation before entering aggressive long positions.

If the breakout confirms, PEPE could deliver another explosive meme coin rally—just like May.

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