Pepe Coin is ready for an unprecedented surge to the highest level of all time

The cryptocurrency market is heating up as Pepe Coin ($PEPE) shows strong signs of an imminent optimistic explosion. Despite a recent pullback, analysts and market trends suggest that $PEPE may soon surpass its all-time high (ATH) and set new records.

1. Analysts predict a 31% rise to a new all-time high Cryptocurrency experts widely predict a strong price increase for $PEPE, citing strong technical indicators. After a 23.3% decrease from the highest level this year, many view this decline as a consolidation phase before a breakout. Famous trader Bluntz emphasizes an optimistic ABC pattern in a symmetrical triangle on the four-hour chart using Elliot wave analysis. Such formations are often a sign of explosive price movements. Other analysts, including Dami-DeFi and Trader ELM, also support this outlook, predicting a significant price increase for $PEPE.
2. Activities of whales and increasing demand $PEPE has strong momentum thanks to the increasing activity of whales and growing demand among traders. In the past 24 hours, the token has recorded an impressive trading volume of $5.4 billion, surpassing Shiba Inu's $1.9 billion. The accumulation of whales strengthens confidence in the potential of $PEPE. Recent data from Etherscan reveals a $65 million purchase of $PEPE by a whale investor, signaling strong interest from institutions and confidence in the potential price increase of the coin.
3. Optimistic technical indicator On November 13th, $PEPE broke an important resistance level at 0.00001721 USD - a level that had hindered its growth since March 27th, when it recorded its previous ATH. This breakout is seen as an important moment for the token, with traders expecting optimistic momentum to continue. The explosion also fits the formation of the cup and handle pattern, a classic bullish indicator signaling further price increase. With the supply pullback providing a brief pause for profit-taking, the setup appears ready for a higher PEPE.
4. Bright prospects for $PEPE The convergence of technical analysis, whale accumulation, and high trading volume creates a promising picture for $PEPE. Analysts predict a 31% price increase to the previous ATH, with even greater growth potential if the momentum continues. For investors and traders, PEPE offers an attractive opportunity as it positions itself as a leader in the meme coin market. With strong fundamentals and technical signals, PEPE is a notable coin in the days to come.