PEPE Just Paused… Is the Next Meme Coin Rally Loading?

Pepe Coin (PEPE) price, the meme token that surged into the spotlight earlier this year, is once again testing the patience and excitement of traders. After a sharp bullish breakout, the current price action suggests a consolidation phase. But is this just a breather before another rally? Let’s break down both the hourly and daily charts to decode what’s next for PEPE.

PEPE Price Prediction: What Does the Hourly Chart Say?

PEPE/USD 1 Hr  Chart- TradingView

On the hourly chart, PEPE price is hovering around the $0.00001412 mark. After a strong run-up that took the price above $0.00001600, the coin experienced a pullback—now stabilizing just above the $0.00001400 support zone.

We notice PEPE price action closely interacting with key moving averages:

The 200 SMA (currently near $0.00001351) is acting as dynamic support.The 50 SMA and 100 SMA are slightly overhead, around $0.00001404 and $0.00001473, respectively.

This alignment suggests that PEPE is still trying to reclaim short-term momentum. However, the slightly upward sloping 200 SMA hints that the broader structure remains intact unless price breaks below $0.00001350.

Importantly, the red candles followed by a small bullish bounce at the $0.00001400 level show a possible reversal zone, or at least a temporary floor for buyers to regroup.

What’s Happening on the Daily Chart?

PEPE/USD Daily Chart- TradingView

Zooming out to the daily chart provides deeper context. PEPE price broke through a long-term downtrend in late April and early May, rocketing from $0.00000090 to over $0.00001600, marking a gain of more than 1666% in under a month.

Here's a rough calculation:

(0.00001600−0.00000090/0.00000090) ​×100≈1666.67%

That’s massive by any standard—and such moves are often followed by cooldowns. That’s precisely what we’re witnessing now.

Currently, PEPE price is:

Trading near the pivot point (P) level at $0.00001411.Holding above the 50-day moving average (around $0.00001249), which confirms a bullish mid-term trend.Well above its 100 and 200 SMAs, which are still catching up after months of bearish pressure earlier this year.

This creates a bullish alignment, where price leads the moving averages in a rally, then consolidates to let the averages catch up—a healthy sign in a breakout market.

Support and Resistance Levels to Watch

From the chart structure and MA ribbon:

Support is seen at $0.00001350 (hourly 200 SMA), and a stronger base at $0.00001249 (daily 50 SMA).Immediate resistance lies at $0.00001473 and then at the psychological zone around $0.00001600.Breaking above $0.00001600 with volume would likely re-ignite the bullish sentiment and set sights on $0.00001800 to $0.00002000.

PEPE Price Prediction: Will PEPE Go Up Again?

The setup is leaning bullish, but PEPE price needs to confirm a breakout above $0.00001473 and reclaim the $0.00001500-$0.00001600 zone to resume its upward push.

If the price holds above the $0.00001350 support and buyers step in, a surge to retest the recent high is likely. Using Fibonacci extensions from the last swing low to high, a move toward $0.00001820 is a possible near-term upside target if momentum returns.

However, failure to hold $0.00001350 could lead to a quick drop to $0.00001200, the next major demand zone.

Final Thoughts

PEPE price is currently in a textbook consolidation phase after an explosive move. It’s trading above all key daily moving averages, and hourly support at $0.00001400 is holding well.

If bulls defend $0.00001350 and flip $0.00001473 into support, PEPE could target $0.00001800 in the next leg up.

But if support breaks, expect a short-term correction before the next big move. Traders should watch volume and moving average crossovers to confirm any breakout.

Verdict: Accumulation phase likely—watch for breakout above $0.00001500 for next bullish wave.