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Should You Buy PEPE Now? Big Rally Ahead?

PEPE/USD Daily Chart- TradingView

Looking at the latest daily chart of PEPE price,Leading stocks of blockchain concept stocks the meme coin appears to be regaining strong momentum after a lengthy downtrend. The chart shows a clear reversal pattern, with Heikin Ashi candles turning distinctly green over the last few sessions, confirming bullish sentiment. The current price sits at $0.00001254, reflecting a healthy 6.8% daily gain, signaling traders are stepping back in after a consolidation phase.

What Does the RSI Reveal About PEPEs Next Move?

The Relative Strength Index (RSI) is hovering around 68.67, which is just below the typical overbought level of 70. This suggests the rally has more room to run before it faces a serious correction. When PEPE price previously hit similar RSI levels in late April, it spiked by nearly 40% within three daily candles. If history repeats itself, a comparable percentage jump could push the price from $0.00001254 to about $0.00001755 — calculated as:

0.00001254+(0.40×0.00001254)=0.00001755

This aligns with the next Fibonacci target zone on the chart, which sits between $0.00001600 and $0.00001800, matching previous resistance areas from early May.

Where Are the Critical Resistance and Support Zones?

The chart shows PEPE price is approaching key resistance at $0.00001300, marked by a cluster of past swing highs. A decisive daily close above this level could open the path toward the upper Fibonacci extension at $0.00001600–$0.00001800. On the downside, immediate support sits at $0.00001100, which was the breakout point for this recent rally. If the price retraces but holds this level, it would strengthen the bullish case.

Whats the Short-Term PEPE Price Prediction?

Given the bullish momentum, the breakout candles, and the supportive RSI, PEPE price could realistically test the $0.00001600 mark within the next 7–10 days if buyers maintain control. However, traders should watch the RSI carefully — once it crosses 70 and stays elevated, profit-taking could trigger a short-term pullback back to the $0.00001200–$0.00001100 support band before any new surge.

Should You Buy PEPE Now?

PEPE price daily chart indicates a promising recovery that could reward short-term traders with double-digit percentage gains if resistance breaks hold. If the rally reaches the calculated projection of $0.00001750, that‘s an additional 39% upside from today’s price. However, with the RSI nearing overbought levels, caution is essential — setting tight stop-losses below $0.00001100 is advisable for risk control.

The chart points to a possible breakout run toward $0.000018, but watch volume and RSI for signs of exhaustion. PEPEs memecoin hype cycle may not be over just yet — and traders might find one more swing worth riding.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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