PEPE, that frog-themed meme coin that everyone’s talking about, seems to be waking up! After chilling out and drifting downwards for a while, it’s showing some serious upward movement. Traders are buzzing with excitement, and the charts are hinting at a potentially massive breakout. With meme coins back in the spotlight, could PEPE be gearing up for a major comeback? In this article, we’re diving deep into PEPE’s recent price action to figure out what’s creating all the hype and explore if this little frog coin has the legs to leap to new heights in 2025.

PEPE Price Prediction: Is PEPE Finally Breaking Out of Its Downtrend?

Looks like PEPE is starting to show us something interesting after being in a bit of a slump. If you check out the daily chart, PEPE hopped up over 5.5% in the last trading session, closing around $0.00000846. Now, it’s bumping up against a crucial resistance area formed by those 20-day and 50-day simple moving average lines. The price is currently testing that SMA 50 mark (around $0.00000822) and starting to reclaim ground it lost during its months-long slide from previous peaks.

This breakout attempt is worth paying attention to, especially since it’s happening after a lengthy period of price consolidation. When the price squeezes tighter at the lower end and then we see a strong bullish Heikin Ashi candle like this, it often signals a shift in momentum. Historically, meme coins like PEPE have a tendency to really take off when these quiet accumulation phases are followed by a sudden wave of positive vibes online or a general upturn in the market – and this could be one of those moments we’re watching unfold.

What Are the Indicators Saying About PEPE’s Momentum?

Let’s peek at the momentum indicators. The Relative Strength Index (RSI) is currently sitting at 60.53 – that’s comfortably above the neutral 50 zone and still climbing steadily. This tells us bullish momentum is building, but things aren’t overbought just yet, which means PEPE might have more room to run upwards. The RSI has also broken above its own moving average, confirming this shift from a more bearish to a bullish setup.

Plus, remember that bullish divergence we spotted back in March? When the RSI started creeping up even as the price stayed flat – well, that’s now playing out with this visible price breakout. That kind of divergence is often a sign of stronger rallies to come, particularly when you see it paired with increasing trading volume and a more positive overall market mood.

The moving average ribbon, while still looking somewhat bearish at first glance (with those longer-term SMAs like the 100 and 200 still above the price), is starting to show signs of leveling off. And that 20-day SMA? It’s now starting to curl upwards – which could be an early heads-up that a trend reversal is actually starting to take shape.

Can PEPE Retest Previous Highs in 2025?

To really confirm a full turnaround, PEPE needs to reclaim those 50-day and 100-day moving averages. If the price can hang above $0.00000822 in the coming days and break through that $0.00000918 resistance level, the next target to watch for is around $0.00001266 (the 100-day SMA), and then after that, the December peak near $0.00002500.

While it’s still early days to definitively say we’re heading back to all-time highs, the current setup feels a bit like the initial stages of PEPE’s rally back in late 2023. If meme coin mania explodes again – especially if the broader crypto market starts heating up big time – a parabolic move could definitely be on the table. Keep a close eye on trading volume here, because a sharp increase could spark that fear-of-missing-out (FOMO) effect and drive prices even higher.

What’s the Downside Risk If This Fails?

Now, what if this breakout doesn’t pan out? If PEPE’s price gets rejected at that 50-day SMA, we’re looking at potential support around $0.00000707, and then further down near that consolidation base around $0.00000600. If it breaks below this level, it would likely mean the bullish idea is off the table, and we could see another move downwards, perhaps even retesting those multi-month lows closer to $0.00000500.

However, with the RSI climbing and those shorter-term SMAs starting to look more positive, it seems like the odds are currently leaning in favor of the bulls, at least for the short term.

PEPE Price Prediction: What’s Next?

Right now, PEPE’s chart is giving off some really interesting signals of a potentially big breakout. If the momentum holds and trading volume confirms it, we might just be witnessing the beginning of PEPE’s next viral surge. Traders and meme coin fans should keep a close watch on whether those resistance levels turn into support, and how the RSI behaves. The next few candles could be crucial in deciding if PEPE becomes the top meme coin story of 2025.