PEPE Eyes New All-Time High as Technicals and On-Chain Data Align

Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com PEPE is nearing a breakout as bullish patterns and moving averages align for upward momentum.Short-term holder growth and MVRV data suggest increasing market demand and rally potential.A close above $0.00001760 could trigger a run toward $0.000020 and possibly new all-time highs.PEPE is showing renewed strength following a strong recovery in early 2025. Technical signals and on-chain trends suggest a potential upward breakout. The coin has shown resilience across BTC and USD pairs. Market data and investor behavior point toward growing demand as PEPE approaches key price levels.Technical Structure and Price Activity Suggest Further UpsidePEPE recently completed a bullish pennant structure and is trading around the 61.8% Fibonacci retracement level. This setup is often seen before sharp price moves. The token has moved above its 50-day and 200-day moving averages, which are now tightening toward a possible golden cross.According to analysis prepared by Trader Koala, the focus remains on bidding at high-timeframe areas where past bullish breaks occurred. PEPE’s current structure supports a run toward previous highs if momentum continues. A breakout above the $0.00001760 resistance may open the path toward $0.000020.Source :Trader Koala(X)The daily price action also shows a completed double bottom pattern with a neckline at $0.00002838. This structure, combined with recent gains of over 50% in two weeks, provides a strong technical base. A close above $0.00001760 would confirm continuation, according to market observers.On-Chain Trends and Demand from New Holders Increase MomentumAccording to an observation by Max (@MaxBecau), new wallets holding PEPE under 30 days are increasing. This pattern has often appeared before major rallies. Short-term holder spikes were present before PEPE’s previous 800% and 200% runs.Source :MaxBecau(X)The token’s 30-day Market Value to Realized Value (MVRV) ratio currently stands near 25%, slightly cooling off from over 40%. This ratio indicates there is still potential room for growth if holders do not start profit-taking aggressively. Historical trends show that similar MVRV levels have supported rallies when backed by strong trading volume.Source :Crypto Tony(X)Crypto Tony, a market analyst, noted: “Once we are above 17,600 it is show time frens.” This level remains a key resistance to monitor. If it is cleared, PEPE may push toward a new all-time high in the near term.Source link