Earning Growth Points can win an iPhone 16?
Gate Post Growth Points Summer Lucky Draw Round 1️⃣ 1️⃣ Is Live!
🎁Prize pool over $10,000! Win iPhone 16 Pro Max 512G, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=11
How to earn Growth Points fast?
1️⃣ Go to [Post], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
New feature this round: “Fragment Exchange”! Collect fragments to redeem exclusive Gate merch!
100% chance to win
Pepe Coin Gears Up for Breakout – Eyes Multi-Month High as Traders Turn Bullish
Pepe (PEPE), the popular meme coin, is once again catching traders’ attention. Its price is approaching a significant technical breakout, with a potential 61% rally toward the target price of $0.000023793. On the 12-hour chart, a classic bullish "Cup and Handle" pattern appears to be nearing completion — a formation that often precedes strong upward moves.
🔹 Technical Setup Shows Strong Bullish Potential The PEPE chart reveals a rounded base (the "cup") followed by a brief consolidation phase (the "handle"). This well-known pattern signals growing market strength. A breakout above $0.000014764 could trigger a rally toward $0.000023793, potentially reaching the highest level in several months. Current price: $0.000013973Potential upside: +61.26%Target zone: $0.000023793Previous all-time high: $0.00002825 (from December) Another bullish confirmation: PEPE is trading above the 200-period moving average, often seen as a signal of long-term strength. The 50-period MA is trending upward beneath the current price, showing medium-term bullish momentum with support around $0.000013191.
🔹 Market Data Confirms Rising Interest The Relative Strength Index (RSI) is currently at 59.12 and climbing — a sign of sustained buying pressure without being overbought.
Even stronger signals are coming from the derivatives market. According to Coinglass data: 🔹 Open interest jumped 111.4% to $636.44 million
🔹 Funding rates remain positive, meaning traders are willing to pay a premium to maintain long positions This indicates that market confidence is growing, and traders are anticipating a breakout.
🔹 Crypto Market in the Green – Altcoins Join the Rally Pepe’s rally is also supported by the broader market sentiment. Bitcoin recently hit a new all-time high, altcoins are heating up, and the crypto space as a whole is in a bullish mood. This momentum creates a perfect backdrop for Pepe Coin’s next leg up.
🟢 Summary: Pepe Coin nears breakout from key chart formationPotential 61% price rallyStrong growth in open interest and volumeBullish technical signals and favorable market environment
#PEPE , #CryptoNewss , #PEPE_EXPERT , #CryptoAnalysis , #memecoin
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“