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Pepe Coin (PEPE) Powers Up Again: Breakout Mode Engaged, 10% Gains in Sight
July 16, 2025 – Pepe coin (PEPE) has begun to display a remarkable price surge, as it breaks out and gains momentum above the $0.0000120 zone. This sudden upswing could potentially lead to a further increase of around 10%.
According to recent data, PEPE started by forming a base above the $0.0000084 level before embarking on an upward journey. The price was able to successfully clear the $0.0000090 and $0.000010 resistance levels, creating a crucial bullish flag pattern with resistance at $0.0000102.
This significant breakthrough allowed for a move above the 50% Fib retracement level of the downward move from the $0.00001626 swing high to the $0.00000834 low, further supporting the positive sentiment surrounding PEPE.
The price has managed to settle above both the $0.000010 level and the 50-day simple moving average (blue), a clear indication that bears have lost control of the market, and bulls are now in the driving seat.
In recent sessions, PEPE has experienced an impressive gain of almost 10%, leaving it outperforming even Bitcoin. As long as the price remains above these crucial levels, there is potential for further growth.
Immediate resistance is found at $0.0000132, which coincides closely with the 61.8% Fib retracement level of the downward move from the $0.00001626 swing high to the $0.00000834 low. Failure to break above this level could lead to a brief correction, but if successful, it may set the stage for a steady rise towards $0.0000144.
If PEPE is able to breach and sustain above the $0.00001620 and $0.00001650 resistance levels, there’s a chance that the price will continue climbing, possibly reaching the $0.00001750 resistance level.
Source: coinchapter.com
