#Pepe coin has exhibited a notable bullish trend, marked by six consecutive weekly candlesticks closing in a bullish manner.
The latest week recorded an impressive 83% gain over the preceding seven days, reflecting strong bullish momentum.
Since April 13th, Pepe has consistently formed higher highs, indicating a sustained upward trend.
This trend has been reinforced by the coin's ability to breach resistance levels while adhering to an ascending trendline.
Pepe experienced a remarkable 300% surge from its low of $0.00000391 to achieve a new all-time high.
A rounding bottom reversal pattern observed on the daily chart further confirmed the bullish sentiment.
Currently, Pepe is made new all time high at $0.00001725 and is challenging the 1.618 Fibonacci level, suggesting potential for another breakout rally.
On the 4-hour chart, Pepe is observed within a rising channel pattern, with the current price rebounding from the channel's bottom, indicating a continuation of the upward trend.
According to Coingabbar prediction, A breakout above $0.00001678 could extend the current bull run, with potential price targets of $0.000020 or $0.000026 within the current week.
If the bulls fail to cross the 1.1618 Fibonacci barrier, a pullback will occur, and the price may drop to $0.00001300, followed by $0.00001000.
KEY LEVELS :
RESISTANCE LEVEL : $0.00002000-$0.00002600
SUPPORT LEVEL : $0.00001300-$0.00001000
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