Pepe (PEPE) is back in the spotlight as its price steadies near $0.0000096, leaving traders and investors wondering if the iconic meme coin is poised for a fresh rally.
The meme coin, known for its viral community and strong market presence, has long captured attention across crypto circles. With recent volatility calming, analysts are monitoring whether this support level could mark a turning point for PEPE.
PEPE Price Analysis: At a Critical Juncture
Currently trading at approximately $0.000009672, PEPE has seen a 15.31% increase in trading volume over the past 24 hours. With a market capitalization of around $4 billion, PEPE remains the third-largest meme coin after Dogecoin (DOGE) and Shiba Inu (SHIB).
PEPE/USDT eyes a layered bullish breakout above the 0.00001120–0.00001080 range, but the price must hold the $0.0000090 Support. Source: The-Thief on TradingView
Technical analysts point to a symmetrical triangle formation, where price is consolidating between narrowing support and resistance levels. “PEPE is hovering just above its lower boundary, suggesting traders should brace for heightened volatility,” said a market analyst at TradingView.
If the meme coin maintains its support and builds upward momentum, resistance levels near $0.000027 could trigger a parabolic rally, potentially pushing PEPE as high as $0.000088842—a remarkable 898% increase from current prices. Conversely, failure to defend the $0.000006 support zone could see PEPE sliding toward $0.0000036.
Short-Term Resistance and Support Levels
Investors are eyeing near-term resistance at $0.000012 and $0.000018 before the coin can challenge the major supply zone at $0.000027. On the downside, a break below $0.000006 may briefly halt near $0.0000048, though broader technical structures suggest sellers could drive prices lower.
$PEPE has reached the trendline with a mild reaction so far, approaching key support zones, signaling that the downturn may be nearing its end. Source: Pepe Onlyfrens via X
This volatility underscores the unpredictable nature of meme coins, where sharp price swings can occur in either direction.
Pepe’s Role in the Meme Coin Revolution
Beyond its price charts, PEPE has been a transformative force in the meme coin market. Its success has demonstrated that a strong community combined with viral meme culture can create substantial value. However, many seasoned investors recognize that the token’s days of massive 100x gains may be behind it.
As Maisie Morrison of Blockonomi notes, “While PEPE remains a major player, experienced holders are increasingly exploring new, low-cap crypto gems that could offer ground-floor opportunities similar to what PEPE provided in its early days.”
Looking Ahead: New Meme Coins Capture Attention
Some PEPE holders are redirecting attention toward emerging projects like Layer Brett ($LBRETT), a presale coin in the “Boys Club” crypto narrative. By combining viral meme culture with Layer 2 blockchain technology, $LBRETT wants to bring real utility—a departure from the typical meme coins.
This is a change of tactic for meme coin investors: hedging between optimistic outlooks towards popular coins like PEPE and looking for new, high-potential crypto investments.
Final Thoughts: Is PEPE Rallying?
At the same time, PEPE support at $0.0000096 is a critical point. Traders eagerly wait to see if the token will hold this level and start a new rally. While past performance does not guarantee future success, PEPE’s enduring popularity and strong community mean that it will always be at the center of the present meme coin soap opera.
Pepe was trading at around $0.00000979, up 3.10% in the last 24 hours at press time. Source: Brave New Coin
As technical setups indicate both high potential for the upside and the downside, the coming weeks will quite possibly set the direction of PEPE for the remainder of 2025.