PEPE Coin Bullish Crossover Targets Price Rally to $0.000026; Is A Bull Run In the Making?

Pepe Coin (PEPE) has formed a bullish crossover on its daily chart, indicating that the price may rally higher. The crossover follows a nearly 7% surge in PEPE in the last two days from a low of $0.0000114, as the market sentiment turned positive after Bitcoin surged above $105,000. Will this frog-based meme coin follow suit and bounce?

At press time, PEPE’s price was shedding some of these gains with a 1.3% intraday loss to trade at $0.0000124. The 24-hour trading volumes for this Ethereum-based meme coin had declined by 17% to $880 million.

Bullish Crossover May Propel  Pepe Coin Price Higher

Pepe Coin’s recent price rally has pushed the 50-day Simple Moving Average (SMA) to cross above the 150-day SMA, creating the “bullish  crossover” on the daily price chart. This crossover typically indicates that the short-term bullish momentum is increasing more rapidly than the long-term momentum. It forecasts that the uptrend that commenced in early May could continue.

The last time a similar crossover occurred, the price of PEPE surged by 175% in under two weeks to $0.000026. If history rhymes and this top meme coin undergoes a similar rally now, the price could not only break past $0.000026 but potentially reach $0.000029.

However, investors must remain cautious, as the RSI is in a downtrend but has yet to breach below the 50 mean level. A bounce off the mid-point could confirm that the bulls are in control and potentially propel Pepe Coin price higher.

The primary resistance level that Pepe Coin needs to overcome before the rally to $0.000026 is $0.000016. This level prevented breakdown twice in the fourth quarter of 2025 and even pushed PEPE to set a new higher high. Hence, flipping this level into support will be a challenging task. However, a successful breakout could unlock the bullish potential of the SMA crossover and catalyze a rally to $0.000029.

However, if PEPE price shows weakness and the meme token fails to follow historical trends, it could crash to $0.0000059 if it loses support at $0.00000944. The main factor that could cause such a dip is capital rotation to newer meme coins after PumpFun unveiled plans to raise $1 billion to expand its presence in the meme token creation industry.

Derivatives Data Support Uptrend for PEPE token

Data from Coinglass shows that Pepe Coin’s open interest has shed $30 million within 24 hours to $515 million. Meanwhile, derivative trading volumes have declined by 17%, while the long/short ratio stands at 0.97, showing bear positioning.

However, on OKX, the long/short ratio stands at 2.13, indicating that for every two long positions, there is one short position, which is a bullish sign. Meanwhile, both longs and shorts continue to get liquidated with total liquidated positions hitting $1.88 million in the last 24 hours.

To sum up, the daily Pepe Coin price chart shows a bullish crossover that previously stirred a 175% rally for the meme token. Meanwhile, derivatives market data shows that liquidations are causing short-term volatility as PEPE sheds nearly 10% in value in the last seven days.

For an in-depth and long-term forecast on Pepe Coin price performance between 2025 and 2030 – Read This