Will Pepe Reach $0.000010? Ascending Triangle Signals Possible Rally

Written by Sahil Mahadik

Edited by Harsh Chauhan

Last Updated March 19, 2025

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PEPE currently trades at $0.0000072273, down by 0.74% within the last 24 hours. PEPE has been down by 75% since its all-time high. Having a market cap of approximately $3 billion, the meme coin has been creating an ascending triangle pattern.

Since early March, Pepe has been implying the possibility of a breakout rally around the corner. The overall crypto market is volatile, but the trading volume of PEPE remains consistent. This shows accumulation by long-term investors despite short-term bearishness.

PEPE Price Analysis: Eyeing a 40% Rally Potential

Since last week PEPE has been trading in an ascending triangle, and there is a horizontal resistance level at $0.0000074653. This continuation pattern indicates accumulation and may result in a breakout.

Since the start of the month, PEPE has been shaping an inverse head and shoulder pattern on the hourly chart with the neckline at $0.00000750. This acts as an important resistance level. In case of a sustained breakout above the $0.00000750 level, PEPE could trigger a 40% rally to $0.000010.

PEPE has made strong support at $0.0000069511, whereas an immediate resistance stands at $0.0000074653, with a higher one at $0.0000081432. Multiple tests of the resistance level have weakened the sellers, potentially leading to a breakout.

The $0.0000072273 price is currently trading close to the 20-day EMA, which is basically trending in the horizontal direction, showing consolidation. The 50-day EMA at $0.0000069511 is still below current prices, giving longer-term bullish support.

The MACD line of 0.0000000767 is starting to converge with the signal line of $0.000000642, which indicates decreasing bearish momentum. Volume patterns suggest decreasing selling pressure.

PEPE Price Outlook: Key Levels to Watch

According to the ascending triangle structure, PEPE’s upside targets are $0.0000074653 and $0.0000081432, with the potential to hit $0.0000085000 as momentum picks up. Failing that, the lower targets are $0.0000069511 and $0.0000060.

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Written by Sahil Mahadik

Sahil Mahadik is a market writer at CryptoNewsZ with over three years of experience. He tracks price action and market trends in the crypto world. His work has appeared in major outlets like Pepper Content. Sahil specializes in technical analysis. He uses tools like on-chain data and chart patterns to find trading signals. He is also covering long-form price predictions. Sahil writes popular guides on the best altcoins to invest in and top crypto picks for long-term growth. As an active trader, he uses his hands-on experience with DeFi tools and exchanges to give readers simple, data-backed advice.