PEPE Surges 11% Amid Bullish Breakout With 25% Upside Potential

27.03.2025 12:38
PEPE, the frog-themed memecoin and the world’s third-largest by market cap, experienced an 11% gain on March 26, 2025, as it broke out of a crucial descending trendline resistance. Technical analysis indicates that if PEPE can stay above the $0.0000080 mark, the asset has the potential to soar an additional 25%. The uptick comes during a broader crypto market recovery, with rising long-term holder participation and an improving social sentiment score elevating investor confidence. Notably, PEPE’s RSI stands at 59, supporting the bullish outlook despite a 10% decline in trading volume, which suggests that while active trading might be subdued, institutional and long-term investors are increasingly accumulating the token. A secondary headline also noted that Bitcoin wallet growth is stalling, pointing to possible caution in Bitcoin adoption. However, the primary focus remains on PEPE’s technical turnaround and momentum.