Pepe Price Prediction: Historic Falling Wedge Breakout Confirmed – 2,000% Move Now In Play
2025-07-09 17:04:02
Main Idea
The article predicts a potential 2,000% rally for Pepe (PEPE) based on technical analysis of a falling wedge breakout and discusses an under-the-radar narrative about Best Wallet ($BEST) as a potential winner in the next bull market.
Key Points
1. A historic falling wedge breakout is confirmed for Pepe (PEPE), suggesting a potential 2,000% rally by mid-2024, similar to its previous 10x surge.
2. Technical analysis indicates a key barrier at $0.00001030; a decisive close above this level could project a 117% gain to $0.00002160, with long-term growth dependent on adoption and deflationary measures.
3. Best Wallet ($BEST) is highlighted as an innovative self-custody solution with tools like 'Upcoming Tokens' and has attracted $13.7 million in initial funding.
4. The article references a tweet from Bitcoinsensus noting Pepe's repeating pattern of accumulation and breakout phases, suggesting the next big move could lead to a cycle top.
5. The RSI and MACD indicators for PEPE show bullish signals, with buyers overwhelming sellers and the MACD line widening above the signal line.
Description
Pepe has just broken out of a falling wedge, a classic bullish signal, setting the stage for what could be a massive 2,000% rally boosting the Pepe price predictions . This is the first instance of a falling wedge on the weekly chart since mid-2024, just before the meme coin saw a 10x surge—something popular X analyst Bitcoinsensus notes as significant. Much like the previous cycle, a drawn-out accumulation phase has built up to this concluding pattern, but this time Bitcoinsensus anticipates an...
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