Pepe Coin (PEPE) has fallen by 4% in the past 24 hours, with its fall to $0.000006872 coming as the crypto market as a whole drops by 3% today.
PEPE remains up by 16% in a week, but is down by 29% in a month and by 8.5% in a year, with the market’s recent tariff-driven downturn dragging the meme coin down with it.
However, such falls have left Pepe Coin in a position where it may rebound strongly soon, with its chart forming a bullish pattern today.
And when added to the fact that exchange outflows of PEPE have increased in recent days, it suggests that the meme coin is about to mount a comeback.
Is Pepe Coin Gearing Up for a 50% Surge? Bullish Patterns Say Yes
Looking at PEPE’s chart today, its most interesting feature is that March has seen it form a classic inverted head-and-shoulders pattern.
This can often be a signal of a breakout, although the coin’s dip today would make such a conclusion premature without more data.
Source: TradingViewPEPE’s indicators show weakening momentum, with its RSI dipping below 50 after briefly approaching 70 yesterday.
Its 30-period average remains well below the 200-period and appears to be flattening again after a brief uptick. However, 24-hour trading volume has doubled in recent days, signaling increased market demand.
Nansen data further supports this, showing a 1% decline in PEPE held on exchanges over the past week, suggesting accumulation at current low prices. Despite being 75% below its all-time high of $0.00002803 from December, PEPE remains in a strong position for a rebound.
However, market conditions will determine the timing, as ongoing U.S. tariff disputes create uncertainty, keeping investors cautious until the situation stabilizes.
But if we do see an improvement in the next few months, the Pepe Coin price will rally, along with the wider market.
It could return to $0.000010 by the end of April, before reaching $0.000020 by H2.
New Altcoins Bring Strong Potential for Market-Beating Gains
Because PEPE remains somewhat stagnant, many traders may already prefer to look into newer and fresher alts, with more potential for quicker gains.
And while most new coins can be a big risk, there’s one way of narrowing down the field and picking a token with a greater chance of success.
This involves looking at presales, with some of the bigger and more popular sales often translating to impressive gains once the corresponding tokens list.
One coin with a healthy presale right now is MIND of Pepe (MIND), a new autonomous AI agent that has raised over $7.4 million in its ongoing sale.
MIND of Pepe is exciting because it’s about to launch a next-generation AI agent, one which combine multiple exciting functions.
Firstly, its platform will scan social media and market data in order to gain insights into trends, which it will then use to generate advice and analysis.
Secondly, it will also use its analysis of trends to generate its own meme tokens, which it will make as viral as possible.
And by holding MIND, investors will be able to buy such coins early, before they list on trading platforms, and potentially rally.
MIND will also pay for access to the platform’s market advice, while holders will also be able to stake it.
This could make the token very valuable to hold, with investors able to join its presale at the official MIND of Pepe website.
MIND is selling at $0.0035376, but this will rise later today, so you should act quickly if you want to lock in the biggest possible gains.
The post Is Pepe Coin Gearing Up for a 50% Surge? Bullish Patterns Say Yes appeared first on Cryptonews.
