Technical and broader market conditions converge to drive PEPE's 1,500% rally

Bitget App

Trade smarter

Bitget

News

Markets

Technical and broader market conditions converge to drive PEPE's 1,500% rally

Bitget-RWA2025/11/02 12:16

By:Bitget-RWA

- Analysts predict PEPE could surge 1,500% to $0.00012 by 2026, driven by Fibonacci patterns and macroeconomic tailwinds. - Technical analysis highlights a consolidating wedge pattern and historical accumulation phases mirroring prior 288% gains. - Trump's trade talks and Fed rate cuts, alongside corporate earnings, amplify bullish sentiment for risk-on crypto flows. - Key resistance at $0.00017 remains critical; sustained buying pressure and regulatory clarity will determine momentum. - Oversold RSI level

PEPE, the well-known

meme

cryptocurrency, is once again drawing significant interest from market analysts, who anticipate a substantial price rally driven by technical signals and supportive macroeconomic trends. A recent

Investorempires article

that reviews insights from Wins, a platform focused on cryptocurrency trading education, indicates that the token could soar by more than 1,500% to hit $0.00012 by early 2026. This would elevate its market value from $3 billion to $48 billion. The projection is based on a Fibonacci extension model and a consolidating descending wedge pattern, both of which point to a strong bullish reversal if crucial resistance points are surpassed.

The analyst from Wins pointed out that

PEPE

is currently positioned in a final accumulation phase, similar to its breakout period between late 2023 and early 2024, when its price jumped from $0.0000009 to $0.0000035—a 288% increase, according to the Investorempires report. The technical analysis suggests a multi-phase upward movement: after breaking through $0.000015 and surpassing a $6 billion market cap, the token could gain momentum toward $0.000035 and eventually aim for $0.00012. This trajectory is projected to culminate by January 2026, with the analyst stressing the importance of historical price cycles and ongoing on-chain buying activity.

At the same time, a separate

Bitget assessment

highlights that PEPE is currently in an oversold state, as shown by a recovering RSI oscillator and its closeness to long-term support. Experts observe that each time PEPE has reached this zone in the past, it has experienced sharp upward corrections, often resulting in double-digit percentage gains. The recent upward movement in the RSI aligns with the price nearing the lower edge of a defined channel, further supporting the likelihood of a reversal.

Broader economic factors are also boosting confidence. Ongoing trade talks in China led by U.S. President Donald Trump and the expected interest rate reductions from the Federal Reserve are seen as drivers of a more risk-tolerant market environment. Additionally, the current earnings season for major companies is adding liquidity to financial markets, which could extend to the crypto sector, as noted by Bitget. On-chain analysts have observed that PEPE’s historical responses to macroeconomic events, such as rate cuts and geopolitical stability, have been linked to increased trading activity and investor optimism.

The combination of technical and macroeconomic signals has traders closely watching important resistance levels, especially the $0.00017 point. A move above this level could confirm a mid-channel recovery and pave the way for a possible retest of higher resistance by year-end. Still, experts warn that continued upward momentum will require ongoing buying interest and a lack of regulatory challenges.

Currently, the market seems set for a major shift. As one analyst posted on Twitter: "Everytime $PEPE has been this oversold it bounced back with massive moves to the upside. We are primed for a monster move," a sentiment echoed in Bitget’s analysis.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Meme coins DOGE, SHIB, and PEPE face selling pressure as whale activity declines and technical indicators worsen. - Futures open interest dropped sharply (DOGE -3%, SHIB -12%, PEPE -9%), with tokens testing critical support levels. - Death Cross patterns and oversold RSI readings (36-39) signal bearish momentum, while retail-driven rallies lack institutional support. - Market uncertainty persists as Bitcoin's $115k rebound failed to sustain momentum, with ETF applications and volume recovery key future f

Bitget-RWA•2025/11/03 06:16

Dogecoin Update: Meme Tokens Hover Near Crucial Support Amid Growing Bearish Signals

Denmark Drops Chat Control to Safeguard Encryption Standards

- Denmark withdraws EU Chat Control proposal to protect encryption standards, avoiding mass surveillance of encrypted messages on platforms like WhatsApp and Signal. - The abandoned initiative faced criticism for undermining privacy rights and weakening end-to-end encryption, a key safeguard for secure digital communication. - Tech firms and privacy advocates celebrated the move, calling it a victory for digital freedoms while urging continued protection of encryption against state overreach. - A new EU ag

Bitget-RWA•2025/11/03 06:16

Denmark Drops Chat Control to Safeguard Encryption Standards

Bitcoin News Update: Altcoin ETFs See Growing Interest Despite Regulatory Challenges and Divided Institutional Opinions

- Ethereum ETF inflows ($9.6B) outpaced Bitcoin ($8.7B) in Q3 2025, signaling institutional diversification and regulatory progress for altcoins. - Jump Crypto's $205M OTC trade (SOL to BTC) highlights Bitcoin's stability ahead of halving, while SEC's altcoin ETF applications face government shutdown delays. - BlackRock's absence from altcoin ETFs and $1.27B net outflows for Bitcoin ETFs raise concerns over fragmented institutional support and approval hurdles. - Macroeconomic risks (Fed hawkishness, shutd

Bitget-RWA•2025/11/03 06:02

Bitcoin News Update: Altcoin ETFs See Growing Interest Despite Regulatory Challenges and Divided Institutional Opinions

AAVE drops 6.41% in 24 hours as DeFi landscape evolves and infrastructure initiatives become central

- Aave (AAVE) fell 6.41% in 24 hours amid DeFi capital reallocation to lending protocols. - Despite short-term declines, Aave maintains foundational role in DeFi's infrastructure-driven growth. - Technical analysis and backtests show no consistent rebound patterns after sharp price drops. - Upcoming credit delegation upgrades and GHO stablecoin development aim to boost engagement metrics.

Bitget-RWA•2025/11/03 05:42