- PEPE token surged nearly 9.5% in 24 hours and is now testing a key resistance zone around $0.00001075
- Technical indicators are mixed, with a rising RSI showing buying interest but a bearish MACD urging caution
- A sustained breakout above the immediate resistance could pave the way for a test of the $0.00001100 level
The meme-inspired token Pepe (PEPE) is capturing traders’ attention as it tests a critical resistance level following a sharp 9.5% surge in the last 24 hours. Now trading at $0.00001051, the token’s recent price action and a corresponding spike in volume have put a key psychological barrier squarely in its sights.
Market cap growth also tracked the price increase, adding over $4.4 billion, suggesting that investor confidence in PEPE might be gaining strength. The question now facing the market is whether PEPE has the momentum to break through its immediate ceiling and make a run for $0.00001100, or if mixed technical signals will halt the rally in its tracks.
Key Levels Defining PEPE’s Next Move
On-chart analysis shows a clear battleground has formed. Bulls have successfully defended a key support zone in the $0.00000975 to $0.00000980 range.
This area previously served as a consolidation zone before the latest breakout. A deeper support level sits at $0.00000957, which marks the last major low before the recent price rally. These levels are crucial, especially if a short-term pullback occurs.
On the upside, immediate and formidable resistance has formed between $0.00001070 and $0.00001075. The price has repeatedly tested this zone and struggled to push through.
Related: Whale Sells 2.2 Trillion PEPE in Loss—Should You Be Worried?
A sustained and decisive move above this ceiling would be a significant bullish signal, likely paving the way for a test of the $0.00001100 mark; a round number that often acts as a price magnet during periods of high momentum.
Momentum and Indicator Readings
While the recent price action is bullish, a look at key momentum indicators reveals a more complex story. The MACD indicator, a measure of trend strength, is still flashing a mildly bearish signal, with its main line at 0.000000132 sitting below the signal line, which is at -0.000000410.
This produces a negative histogram reading, suggesting mild bearish pressure. However, the histogram has been flattening, hinting at a potential reversal or sideways consolidation.
In contrast, the Relative Strength Index (RSI) offers a more optimistic outlook. The RSI has recently climbed from near-oversold levels of 41.09 to a neutral 50.78. This rebound suggests growing buying interest and potential for further upside if momentum continues building.
December Forecast
Looking further ahead, a December 2025 forecast from Coincodex suggests a more cautious outlook, with a potential trading range between $0.000007950 and $0.000008623.
Related: Pepe (PEPE) Price Prediction 2025-2030: Can It Break New Highs?
This longer-term projection stands in contrast to the immediate volatility, highlighting the importance of the current battle at resistance for PEPE’s future trajectory.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/pepe-price-prediction-breakout-target/