Thursday’s Pepe coin price prediction showed the possibility of the asset rising higher—and it did. PEPE price surged in the last 24 hours, breaking out of a bullish chart structure and eyeing 16% potential additional gains. This officially makes Pepe one of the most bullish crypto assets in the top 20 largest coins by market cap. Pepe must overcome a zone of resistance before the trend fully reverses.
Pepe Coin Price Prediction Turns Bullish
The current trend for the PEPE/USD price is bullish. The PEPE price has broken out of an ascending triangle pattern, indicating potential for further upward movement.
Pepe coin price action sports a support level around $0.00000812 (bottom of the breakout zone), with a stronger one around $0.0000070. On the flip side, the next major resistance is at $0.0000095 (200-day EMA), followed by a psychological resistance around $0.000010.
The breakout from the ascending triangle is a strong, bullish signal, as the recent green candles suggest strong b
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