logo

Pepe Coin Price Surges 68% as Bitcoin Hits $104K, 80% Rally Expected

By: fxleaders|2025/05/13 18:15:05
0
Share
copy
PEPE has gained 68% in the last week, outperforming Dogecoin (32%) and Shiba Inu (21%) as market risk appetite returns. Bitcoin hitting $104,000 has boosted sentiment across the meme coin space and helped PEPE reclaim the $0.000010 psychological level and get some fresh momentum. Now at $0.00001400, PEPE is close to a breakout, with investors looking at $0.00001540 and $0.00002209 (80% from current price) as targets. The meme coin market as a whole has reached a 30-day high of $76.13 billion, showing increasing interest in altcoins. PEPE Technical Analysis: Momentum Above Key Support PEPE/USDT is above the $0.00001289 support zone where the 50-period EMA meets the ascending trendline. This confluence has been bullish in the past and PEPE’s bounce from here suggests bulls are still active. MACD is showing selling pressure easing and a crossover forming. Key Levels: Entry Zone: $0.00001390-$0.00001410 Target 1: $0.00001450 Target 2: $0.00001540 Breakout Target: $0.00002209 Stop Loss: Below $0.00001280 A break above $0.00001450 would confirm further upside. Below $0.00001280 would weaken the structure and bring $0.00001178 into play. Record Open Interest Behind the Rally PEPE’s rally is backed by record Open Interest (OI) of $583 million. OI-weighted funding rate is at 0.0272%, showing strong longs. However, rising liquidations (peaked at $5 million) indicate short-term volatility risk if PEPE fails to clear immediate resistance. Will PEPE Hit $0.00002209? Structure is still bullish and Bitcoin is leading the crypto market so PEPE should continue to go up. Watch $0.00001450 as the breakout level, could retest $0.00001540 and then $0.00002209 if everything goes well.

You may also like

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."
The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Popular coins

Latest Crypto News

16:42

Chen Maobo: Digital asset and other themed ETFs provide efficient and highly transparent investment tool options

The Financial Secretary of Hong Kong, Paul Chan, published an essay titled "Gathering Greater Energy through Innovation and Cooperation," in which he pointed out that global investors are accelerating the diversification of asset allocation, reducing reliance on a single market or single asset. With...
16:42

Data: In the past 24 hours, the total liquidation across the network was 105 million USD, with long positions liquidated at 56.9795 million USD and short positions liquidated at 47.7123 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $105 million, with long positions liquidated at $56.9795 million and short positions liquidated at $47.7123 million. Among them, Bitcoin long positions were liquidated at $5.5146 million, Bitcoin short po...
15:42

Data: The current whale position on the Hyperliquid platform is 3.482 billion USD, with a long-short position ratio of 1.03

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.482 billion, with long positions of $1.762 billion, accounting for 50.62% of the holdings, and short positions of $1.719 billion, accounting for 49.38%. The profit and loss for long positions is -$4....
14:42

The suspect in the White House Correspondents' Dinner shooting admitted that the target was officials of the Trump administration

According to a report by Jinshi, a recruitment agency, the suspect in the shooting at the White House Correspondents' Dinner admitted that his target was officials of the Trump administration.
14:42

Arkham: Ethereum Foundation unstakes $48.9 million worth of ETH, market is concerned whether further sales will occur

The on-chain analysis platform Arkham posted on X that the Ethereum Foundation has unstaked approximately $48.9 million worth of ETH. Tracking data shows that the Ethereum Foundation has deposited WSTETH into Lido's unstETH contract, and after the unlocking process is completed, it will receive the ...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com