Pepe Coin’s Price Pattern: A 150% Surge or Just Meme Magic?

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Pepe Coin’s price has retreated this week, retreating from its weekend high of $0.000005030 to its current, slightly less impressive $0.000004325. One might call it a “pause for reflection,” though the coin appears to be reflecting on its life choices.

  • Pepe Coin has formed a chart formation so large it could be mistaken for a geological fault line: a double-bottom pattern on the daily chart.
  • This pattern, with all the subtlety of a brick through a window, suggests a 150% surge to $0.00001080-assuming the market isn’t distracted by the latest viral cat video.
  • Futures open interest and volume have held steady this week, much like the patience of a man waiting for a train that never arrives.

The Pepe (PEPE) token remains above its year-to-date low of $0.0000031, which has earned it a market capitalization of over $1.78 billion. One might say it’s enjoying a brief flirtation with respectability before the inevitable plunge.

The ongoing consolidation is due to the crypto market’s price action, a term which in layman’s terms means “everyone is just sitting around doing nothing.” Bitcoin and most altcoins remain in a tight range, like prisoners in a particularly stylish cell.

On the bright side, there are whispers that Pepe may be on the cusp of a strong bullish breakout, potentially reaching its year-to-date high of $0.000072. A feat that would make even the most jaded investor weep into their coffee.

Data compiled by CoinGlass reveals that futures open interest has risen over the past few days, a sign of increased demand among traders who have bet their futures on a rebound. Or, as one might say, “gambling with other people’s money.”

Open interest now stands at $262 million, a figure that would make a goldfish blush. Daily volume has also bounced back to $435 million, a number so precise it could be the answer to life, the universe, and everything-or at least the next meme coin trend.

Pepe’s volume outstrips that of other top meme coins, such as Shiba Inu ($114 million) and Official Trump ($152 million). One suspects the latter’s volume is inflated by fans who still believe in the power of a good slogan.

Pepe Coin Price Has Formed a Double-Bottom Pattern

The daily chart reveals that Pepe has been in a downward trend since 2025, a period during which demand for meme coins waned and most altcoins tumbled. It’s been a journey of self-discovery for the coin, though not one it’s particularly proud of.

However, it has formed a double-bottom pattern at $0.0000036, a level it hit in December last year and again this month. A pattern so dramatic it could be the basis for a tragic opera.

A double-bottom pattern consists of two low swings and a neckline, which in this case is at $0.0000072. The profit target is determined by measuring the distance between the neckline and the lower side, then measuring the same distance from the neckline. In this case, Pepe will likely rally to $0.00001082, a 150% jump from its current level. A feat that would make even the most bullish analyst raise an eyebrow.

Of course, if Pepe drops below the double-bottom level at $0.0000036, the bullish forecast will become invalid. A fate that would be poetic justice for a coin that has spent so long in the doldrums.

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2026-02-18 21:07