{"id":22046,"date":"2025-04-14T18:01:41","date_gmt":"2025-04-14T18:01:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22046"},"modified":"2025-04-14T18:01:41","modified_gmt":"2025-04-14T18:01:41","slug":"pepe-price-targets-100-jump-after-bounce-from-major-support-level","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22046","title":{"rendered":"PEPE Price Targets 100% Jump After Bounce From Major Support Level"},"content":{"rendered":"<div>\n<p>PEPE has staged a sharp rebound from a major support level, causing bullish speculation about a potential 100% rally. The crypto token is currently showing signs of renewed upward momentum after holding above the $0.00000567 support zone that has previously acted as a price floor on the daily candlestick timeframe chart. Particularly, <a href=\"https:\/\/www.tradingview.com\/chart\/PEPEUSDT\/COW62RKw-PEPEUSDT-Eyes-the-Sky\/\" target=\"_blank\" rel=\"noopener nofollow\">technical analysis suggests<\/a> that PEPE is about to go on a 100% price bounce from the support level.<\/p>\n<h2>Technical Structure Points To Bullish Continuation For PEPE<\/h2>\n<p>PEPE\u2019s price action has been steady since the beginning of the year, extending a correction run after it reached a peak price of $0.00002803 on December 9, 2024. The extended decline and <a href=\"https:\/\/www.newsbtc.com\/meme-coins\/pepe-whale-triggers-panic-dumps-150-billion-tokens-as-price-falls\/\" target=\"_blank\" rel=\"noopener nofollow\">accompanying selling pressure<\/a> saw the PEPE price clean out most of its gains in Q4 2024 until it reached a low of $0.00000525 in early March, which has served as a horizontal support level.<\/p>\n<p>The latest chart setup reflects another clean bounce from this horizontal support in the past few days. According to a technical analysis posted on TradingView,<a href=\"https:\/\/www.newsbtc.com\/analysis\/pepe\/pepe-above-moving-average\/\" target=\"_blank\" rel=\"noopener nofollow\"> the bullish scenario<\/a> is now developing, especially after the price reclaimed the $0.00000710 level. This move not only confirms strength at the base but also opens the door to a potential breakout targeting $0.00001447. However, there is still a resistance level to watch out for around $0.000009, where a brief rally was rejected in late March.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-447672\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/PEPE-chart-from-Tradingview.png?w=512&amp;resize=512%2C177\" alt=\"PEPE\" width=\"512\" height=\"177\"><\/p>\n<p>The analyst behind the post highlighted a simple risk-managed setup: a long entry above $0.00000710, a stop loss below $0.00000567, and a target that essentially doubles the current price. The broad structure resembles a breakout-ready consolidation, where prior lows have held firm and the latest candles are pushing toward the neckline of a range-bound zone.<\/p>\n<h2>Momentum Building Steadily In Broader Crypto Market<\/h2>\n<p>At the time of writing, PEPE is trading at $0.0000074, and a run to the price target at $0.00001447 would represent a 95% return for bullish traders who get in at the current price. Interestingly, this bullish outlook is the first in a while, as the PEPE price has been mostly highlighted with bearish analyses in the past two weeks. One analyst even <a href=\"https:\/\/www.newsbtc.com\/analysis\/pepe\/pepe-breaks-ascending-triangle\/\" target=\"_blank\" rel=\"noopener nofollow\">highlighted a potential crash<\/a> towards $0.0000055 if PEPE were to lose a support level at $0.0000065. This has since come to pass, and the meme coin has finally found a strong bounce at this point.<\/p>\n<p>The current sentiment in the crypto market <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-turns-green-2-00\/\" target=\"_blank\" rel=\"noopener nofollow\">appears constructive<\/a>, with most cryptocurrencies starting to see gains after a crazy few weeks. This constructive sentiment is led by Bitcoin, which has now returned to<a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-price-climbs-85000-as-open-interest-surges\/\" target=\"_blank\" rel=\"noopener nofollow\"> trading around $85,000<\/a>. The price action looks positive, and steady inflows could cause the meme coin to ride the bounce towards $0.00001447 <a href=\"https:\/\/www.newsbtc.com\/news\/pepe-coin\/pepe-coin-stijgt-54-chatgpt-voorspelt-113-voor-half-april-2025\/\" target=\"_blank\" rel=\"noopener nofollow\">before the end of April.<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/WrANELsW\/\" alt=\"PEPE\" width=\"2301\" height=\"1546\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PEPE has staged a sharp rebound from a major support level, causing bullish speculation about a potential 100% rally. The crypto token is currently showing signs of renewed upward momentum after holding above the $0.00000567 support zone that has previously acted as a price floor on the daily candlestick timeframe chart. Particularly, technical analysis suggests [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-22046","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22046"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22046\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}