The Pepe price has risen by 1.5% in the past 24 hours, with its move to $0.00001298 coming as the crypto market as a whole barely moves today.
While PEPE remains down by 4% in a week, today’s increase helps it to a 62% increase in a fortnight and a 73% increase in a month, with the meme token also sitting on a 38% gain in a year.
And today also finds the coin’s chart in a promising position, with PEPE’s price forming a double-bottom pattern that often signals an incoming breakout.
When combined with a gradually improving market, such patterns point to good things for PEPE’s long-term price prediction.
PEPE Price Prediction: Double-Bottom + Golden Cross Setup Could Trigger a Parabolic Bounce
In fact, the bullishness doesn’t stop there, since we can see that PEPE’s 30-day average (orange) has formed a golden cross with the 200-day (blue).
This also signals that a breakout is coming or has just begun, with the token’s relative strength index (purple) having topped 80 a few days ago.
Source: TradingViewWhat’s particularly significant about the chart above is that PEPE’s indicators had been in bearish, oversold position for much of January, February, March and April, so it’s about time that the coin began to show more positivity.
And given how sustained its bearish period was, we could see it posting gains more or less consistently over the coming weeks or even months.
This is all the more possible when transfer data indicates that whales are currently in a period of accumulating the token, rather than sending it to exchanges.
That PEPE is beginning to recover doesn’t come as a surprise to some analysts and traders, with self-described “meme coin maxi” James Wynn predicting in late April that the Pepe price will reach a top of $0.00009400 during the current bull cycle.
Needless to say, its performance will depend on the overall bullishness of the market, which in Q1 struggled in the face of an escalating tariff war between the US and the rest of the world.
However, recent weeks have brought signs of a climbdown, with the market hoping the US will sign positive trade deals with its major partners.
If such deals arrive, and if the Fed arrives with some rate cuts later in the year, the Pepe price could reach the above target by the end of 2025.
New Pepe Tokens with Bullish Fundamentals
PEPE is likely to remain one of the most popular meme coins in the market for a while to come, yet it will see a growing number of challenges from newer tokens in the next few weeks.
This includes other Pepe-themed tokens, with probably the most interesting coin in this category being MIND of Pepe (MIND).
Billed as an autonomous AI agent, MIND of Pepe has now raised just over $9.6 million in its presale, which will end in 11 days.
As an AI agent, MIND of Pepe will interact with the cryptocurrency market, processing large quantities of social media and trading data to produce market analysis.
On top of this, it will also generate its own cryptocurrencies and meme tokens, using its insights into market trends to produce coins that are as viral as possible.
And what’s particularly exciting about the MIND token itself, is that holding it is the only way to gain access to MIND of Pepe’s market advice, while it also provides early access to the platform’s generated tokens.
This means that the coin could experience substantial demand, with holders also able to stake it.
While its sale will end in 11 days, you can still buy it at the MIND of Pepe website.
It’s selling at its final presale price of $0.0037515, although its momentum suggests that it could rise much higher than this once it lists on exchanges.
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