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Pepe Price Prediction: Rare ‘Ascending Triangle’ Pattern Signals 300% Breakout – Here’s How PEPE Could Triple Your Money 

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Pepe is closing in on the apex of an ascending triangle formation that has been brewing since mid-2024, including weight to bullish Pepe price predictions.

The setup may mark one of many remaining buy-the-dip alternatives earlier than the meme coin’s subsequent breakout transfer, with market narratives persevering with to favor a This fall bull run.

This week’s U.S. Fed speech strengthened hopes for continued rate of interest easing, with the potential to stimulate capital rotation into riskier performs like PEPE.

At the identical time, hypothesis is rising round a spot PEPE ETF. With the SEC’s new generic itemizing requirements set to fast-track crypto ETPs, Pepe may quickly discover its manner into TradFi markets.

Smart cash seems to be taking positions. Nansen data reveals the highest 100 PEPE wallets have accrued 6.84 trillion tokens over the previous week, bringing their complete to 306 trillion.

Top 100 PEPE wallet holdings. Source: Nansen.
Top 100 PEPE pockets holdings. Source: Nansen.

Pepe Price Prediction: Is a 300% Move Near?

The early-week correction has affirmed the decrease boundary of the 6-month symmetrical triangle sample, additional validating the bullish setup because it approaches its apex.

PEPE / USDT symmetrical triangle pattern. Source: TradingView.
PEPE / USDT symmetrical triangle sample. Source: TradingView.

Momentum indicators counsel this might be a reversal level. The RSI has steadied at 40 after a pointy pullback from near-overbought ranges, signaling easing promote stress.

The MACD histogram reveals an analogous shift, flattening into what may mark an area backside. Still, the transfer shouldn’t be decisively bullish, leaving room for a breakdown situation.

In that situation, PEPE may fall 40% to retest sturdy historic assist at $0.0000055, which marked a earlier double backside reversal.

Yet, the broader narrative leans bullish. A sustained reversal may arrange one other retest of the triangle’s higher boundary.

The breakout path first targets Pepe’s December high close to $0.000028 for a 200% transfer. Fully realized, the setup factors towards $0.00005, a 320% achieve from present ranges.

Though this goal possible hinges on catalysts for brand spanking new demand drivers like price cuts, company treasury adoption, and spot ETFs, to tie Pepe into this cycle’s largest narrative: TradFi.

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When it involves large-cap meme cash like Pepe, beneficial properties are uncommon. An opportunity to triple your funding took over 16 months to construct.

PepeNode ($PEPENODE) presents a special path: the primary mine-to-earn meme coin, designed to show missed potential into ongoing passive rewards.

Instead of pricey setups, mining turns into a easy, gamified course of

The mission lowers the barrier to mining by turning it right into a easy, gamified course of.

Presale traders can already purchase nodes, construct rigs, and begin incomes earlier than the token even launches.

The system is constructed with shortage in thoughts. Each $PEPENODE token spent on rigs and nodes faces a 70% burn, driving long-term deflation to strengthen returns.

Interest is surging. The presale has already crossed $1.4 million in its opening weeks, whereas early stakers can nonetheless declare a staggering 930% APY.

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The present providing is $0.0010702 per token, however the clock’s ticking on the subsequent value enhance.

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The submit Pepe Price Prediction: Rare ‘Ascending Triangle’ Pattern Signals 300% Breakout – Here’s How PEPE Could Triple Your Money  appeared first on Cryptonews.

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