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PEPE, a meme coin, has experienced a period of relative calm in recent weeks, marked by a continued wave of selloffs amidst broader crypto market volatility. However, a recent technical analysis suggests that PEPE's price chart indicates a potential significant upward movement. According to crypto analyst MasterAnanda, the token could surge by as much as 796% before the end of 2025, driven by a short-term higher low forming around support levels, which could serve as a launchpad for a major price breakout.
The bullish outlook for PEPE is based on a similar price formation that occurred in 2024, which preceded its run to new price highs and its current all-time high of $0.00002803. The analysis, shared on the TradingView platform, shows that PEPE initially traded in a descending
between May and September 2024 before breaking out and experiencing a brief uptrend and subsequent downside, leading to the creation of a lower low. This was followed by an extended rally that peaked in December 2024.MasterAnanda's analysis indicates that a similar structure is emerging on the PEPE price chart, specifically on the daily candlestick timeframe. The analyst marks April as the period where PEPE bottomed out within a descending channel, with two distinct highs and two clear lows shaping what appears to be a reversal structure. A new higher low is beginning to form, which, according to previous price action, could precede a bullish wave. This stage is particularly important for spot traders positioning for long-term growth, although short-term weakness and potential shakeouts are possible.
Fibonacci levels highlight a significant confluence, with the 1.618 Fib level suggesting a possible 480% move and the 2.618 extension pointing to a 796% upside. These targets, while projections, align with the previous rally seen in late 2024. If this prediction structure holds, the next rally could push PEPE beyond the 1.618 Fib level at $0.0004264, surpassing all prior highs and printing a new all-time high in 2025. At the time of writing, PEPE is trading at $0.00000708, down by 4.7% in the past 24 hours.
According to the analyst's forecast, the next rally could push PEPE beyond the 1.618 Fib level at $0.0004264, surpassing all prior highs and printing a new all-time high in 2025. This forecast is based on the current price chart and the previous rally seen in late 2024. However, it is important to note that this is a forecast and not a guarantee of future performance. Investors should proceed with caution and risk management, given the potential volatility during the build-up to the breakout.

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