PEPE has entered 2026 with a powerful bullish breakout, surging above key resistance levels and igniting speculative interest across the meme coin sector. The token is currently trading near $0.0000071 (or $0.054163 in the second source's valuation, indicating a discrepancy in decimal placement) after posting one of its strongest daily gains in recent months. This move pushed the price above the upper Bollinger Band, with the Relative Strength Index (RSI) surging to approximately 82, placing it firmly in overbought territory.
Despite the strong momentum, the token is now showing signs of consolidation, trading within a narrow range. In the latest session, PEPE traded at $0.054163, reflecting a 0.9% daily decline. It found support at $0.053996 and faced resistance at $0.05417. Notably, PEPE demonstrated relative strength against major cryptocurrencies, gaining 2.3% against Bitcoin (trading at 0.0104743 BTC) and 2.1% against Ethereum (trading at 0.081398 ETH).
The rally has shifted market attention toward valuation mechanics. PEPE's current market capitalization stands at $1.7 billion, but discussions now frequently reference a $17 billion target—a tenfold increase. This comparison has moved the focus from short-term momentum to supply-based pricing dynamics and long-term valuation thresholds.
Technical analysis suggests immediate support is located near $0.0000062 (aligning with the breakout zone), with deeper support at $0.0000044 (the 20-day moving average). Upside resistance is seen around $0.0000075, followed by a zone between $0.0000085 and $0.0000090. Analysts project that if PEPE can consolidate above the $0.0000062 support without a sharp breakdown, the bullish structure could remain intact for a sustained rally.
Long-term price predictions provided in the analysis forecast continued growth through 2030, with a minimum price of $0.0000055 and a maximum of $0.0000120 for 2026. The projections extend to 2030 with a maximum price target of $0.0000480, contingent on favorable market conditions, sustained liquidity, and persistent speculative interest in the meme coin sector.
