Technical and broader market conditions converge to drive PEPE's 1,500% rally

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Technical and broader market conditions converge to drive PEPE's 1,500% rally

Bitget-RWA2025/11/02 12:16

By:Bitget-RWA

- Analysts predict PEPE could surge 1,500% to $0.00012 by 2026, driven by Fibonacci patterns and macroeconomic tailwinds. - Technical analysis highlights a consolidating wedge pattern and historical accumulation phases mirroring prior 288% gains. - Trump's trade talks and Fed rate cuts, alongside corporate earnings, amplify bullish sentiment for risk-on crypto flows. - Key resistance at $0.00017 remains critical; sustained buying pressure and regulatory clarity will determine momentum. - Oversold RSI level

PEPE, the well-known

meme

cryptocurrency, is once again drawing significant interest from market analysts, who anticipate a substantial price rally driven by technical signals and supportive macroeconomic trends. A recent

Investorempires article

that reviews insights from Wins, a platform focused on cryptocurrency trading education, indicates that the token could soar by more than 1,500% to hit $0.00012 by early 2026. This would elevate its market value from $3 billion to $48 billion. The projection is based on a Fibonacci extension model and a consolidating descending wedge pattern, both of which point to a strong bullish reversal if crucial resistance points are surpassed.

The analyst from Wins pointed out that

PEPE

is currently positioned in a final accumulation phase, similar to its breakout period between late 2023 and early 2024, when its price jumped from $0.0000009 to $0.0000035—a 288% increase, according to the Investorempires report. The technical analysis suggests a multi-phase upward movement: after breaking through $0.000015 and surpassing a $6 billion market cap, the token could gain momentum toward $0.000035 and eventually aim for $0.00012. This trajectory is projected to culminate by January 2026, with the analyst stressing the importance of historical price cycles and ongoing on-chain buying activity.

At the same time, a separate

Bitget assessment

highlights that PEPE is currently in an oversold state, as shown by a recovering RSI oscillator and its closeness to long-term support. Experts observe that each time PEPE has reached this zone in the past, it has experienced sharp upward corrections, often resulting in double-digit percentage gains. The recent upward movement in the RSI aligns with the price nearing the lower edge of a defined channel, further supporting the likelihood of a reversal.

Broader economic factors are also boosting confidence. Ongoing trade talks in China led by U.S. President Donald Trump and the expected interest rate reductions from the Federal Reserve are seen as drivers of a more risk-tolerant market environment. Additionally, the current earnings season for major companies is adding liquidity to financial markets, which could extend to the crypto sector, as noted by Bitget. On-chain analysts have observed that PEPE’s historical responses to macroeconomic events, such as rate cuts and geopolitical stability, have been linked to increased trading activity and investor optimism.

The combination of technical and macroeconomic signals has traders closely watching important resistance levels, especially the $0.00017 point. A move above this level could confirm a mid-channel recovery and pave the way for a possible retest of higher resistance by year-end. Still, experts warn that continued upward momentum will require ongoing buying interest and a lack of regulatory challenges.

Currently, the market seems set for a major shift. As one analyst posted on Twitter: "Everytime $PEPE has been this oversold it bounced back with massive moves to the upside. We are primed for a monster move," a sentiment echoed in Bitget’s analysis.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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