PEPE coin has maintained a low profile in recent weeks with minimal price action. Amid the wider market’s volatility, the meme coin has experienced sustained sell-offs. A fascinating technical analysis, however, predicts a substantial upward swing for PEPEUSDT, potentially escalating the token’s value by an impressive 796% by 2025’s end. This prediction comes as the broader crypto market remains stagnant. Crypto expert MasterAnanda has spotted a short-term higher low forming around support levels, potentially triggering a significant PEPE price surge.
Accumulation Zone Indicated By Short-Term Higher Low
The bullish PEPE forecast is based on the recurrence of a price formation similar to that observed in 2024, which preceded the coin’s run to new highs, culminating in the current all-time high of $0.00002803. The analyst’s TradingView-shared price chart shows that PEPE traded within a descending channel from May to September 2024 before breaking out. After this break, PEPE experienced a brief uptrend and another low, resulting in a lower low, and then embarked on a prolonged rally that climaxed in December 2024.
Notably, the same structure appears to be emerging on the PEPE price chart, particularly on the daily candlestick timeframe. In MasterAnanda’s analysis, April is marked as the period when PEPE bottomed out within a descending channel. Since then, two clear highs and lows have formed what seems to be a reversal structure. A new higher low is starting to form a pattern that, based on past price action, could precede a bullish upturn. This stage is crucial, especially for spot traders aiming for long-term growth. While short-term frailty could result in a final shakeout or another downside wick, the analyst reassures spot investors that this should not be a cause for concern. Instead, it may provide a last chance to accumulate before a new cycle high. However, leveraged traders are cautioned to exercise careful risk management due to potential volatility during the build-up to the breakout.
Fibonacci Levels Indicate 480% to 796% Rally Target
The chart signals a significant convergence around Fibonacci extension levels, with the 1.618 Fib level suggesting a potential 480% surge and the more ambitious 2.618 extension pointing to a whopping 796% uptick. Interestingly, MasterAnanda acknowledges the enormity of these figures. While these targets are merely projections, they align with the late 2024 rally. If this prediction structure holds true, the next rally could propel PEPE past the 1.618 Fib level at $0.0004264, surpassing all previous highs and setting a new all-time high in 2025. At the time of writing, PEPE is trading at $0.00000708, a 4.7% decrease over the past 24 hours.
