‘The Frog is Waking Up!’ PEPE Explodes 50% in a Week as Golden Cross Forms

One analyst envisioned a potential 220% price explosion. The frog-themed meme coin PEPE has emerged as one of the top-performing cryptocurrencies over the past week, with its price rising by roughly 50% to a nine-month high of $0.0000049. The token has already demonstrated its ability to deliver triple and even quadruple gains in the past, and many analysts now believe another move of that scale could be on the horizon. ‘The Frog is Waking Up’ X user Giannis Andreou noted that PEPE’s weekly chart is holding a higher low above its 2023 base, meaning the test now comes at $0.0000048-$0.0000055. The analyst claimed the weekly candle “is still open,” arguing that a close above the upper boundary, followed by a successful retest, could strengthen the case for $0.0000065-$0.0000075. “Clear that, and $0.000009-$0.0000105 becomes the next zone to watch. The bigger recovery scenario reaches $0.000013–$0.000016,” he added. At the same time, the analyst warned that a rejection may lead to a drop to the $0.0000023-$0.0000032 range. For his part, Crypto With Gopal argued that the meme coin’s price is testing the lower trendline after a rejection near $0.0000054, showing momentum is tightening. ...