PEPE Meme Coin Eyes 150% Surge to $0.000025 on Liquidity Shift

Crypto analyst Crypto Inside has provided a bullish outlook for the PEPE meme coin, predicting a potential 150% surge as it aims to capture liquidity above its current range. According to the analyst, PEPE could jump to as high as $0.000025 following its reclaim of the $0.000010 support zone. This price surge is anticipated due to the higher liquidity above the current price compared to below it. The chart shared by Crypto Inside indicates a total sell liquidity of 10,678.659 trillion around the $0.000025 range, while the total buy liquidity for PEPE below its current crucial support zone is 6,827.768 trillion. A rally to $0.000025 would bring the meme coin close to its current all-time high (ATH) of $0.00002825.

Crypto Inside emphasized the importance of liquidity depth for PEPE, stating that price movements are fueled by transitions from one liquidity zone to another. The analyst noted that there is significantly more liquidity accumulated at the top, referring to the sell liquidity. PEPE has always been a highly speculative asset, and during prolonged one-sided movements, extremely high funding is formed in it. This, he noted, provokes sharp jumps in price.

Crypto Inside also commented on the current PEPE price action, noting that the meme coin has reached the largest zone of interest at $0.0000817 and is attempting to consolidate there. This level is considered powerful, and consolidation can be expected before further growth. However, if the PEPE price falls below this level without the possibility of returning, it will be an extremely bearish signal.

As part of his analysis, Crypto Inside suggested that PEPE’s narrative is still strong, which is why the meme coin still has a chance to reach new highs. He explained that the narrative itself is still important in meme coins and that PEPE is an “eternal meme,” which will live forever. He added that it is the embodiment of meme culture in the world. The analyst assured market participants that there is no need to fear PEPE’s oblivion, declaring that it will definitely not die as a narrative and that there is nothing to worry about. However, he admitted that new meme coins have stretched liquidity across the market, and many have left PEPE for “new shiny things.”