Date: Mon, June 23, 2025 | 06:10 AM GMT
The cryptocurrency market continues to face significant pressure as geopolitical tensions escalate between Israel and Iran, now with direct U.S. involvement. This instability has triggered a broad sell-off across the crypto space. Ethereum (ETH) has slumped from a recent monthly high of $2,877 to just $2,246 — and memecoins like Pepe (PEPE) have not been spared.
Over the last week, PEPE has dropped 20%, deepening its monthly losses to 35%. But beneath the red candles, a familiar bullish setup is quietly forming — and if history is any guide, a powerful reversal might be brewing.
Familiar Fractal Signals Major Rally Ahead
On the daily chart, PEPE is mimicking a setup seen twice in 2024 — once in April and again in November. Both instances involved the token correcting sharply, consolidating within a falling wedge, and then breaking out to deliver massive gains. The April move saw a 132% rally, while November brought an even bigger 179% surge.
Interestingly, PEPE has now completed a similar structure. After rallying strongly in May 2025 and facing rejection at the long-standing ascending trendline, the token has since slipped into a falling wedge pattern once again — just like before.
The 100-day moving average is also hovering nearby, providing additional technical confluence at the current price zone. Historically, this acted as the launchpad for previous rallies.
What’s Next for PEPE?
If this fractal plays out similarly to 2024, a breakout from the falling wedge could ignite a major rally toward the $0.000040 area — a move that would align with the ascending resistance trendline and imply a potential gain of over 317% from current prices.
But caution remains key. While the chart is promising, confirmation is still lacking. For bulls to gain control, PEPE must break decisively above the falling wedge and reclaim its 100-day moving average. Until then, it’s just a setup — not a signal.
As global tensions remain high, volatility may persist across all crypto assets. It’s essential to monitor key levels closely and avoid premature entries.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
The opinions and market insights shared on CoinsProbe represent the views of individual authors based on prevailing market conditions at the time of publication. Cryptocurrency investments carry significant risk and volatility. Readers are encouraged to conduct their own research and seek professional financial advice before making investment decisions. CoinsProbe and its contributors do not accept responsibility for financial losses or decisions made based on published content.
CoinsProbe may publish sponsored articles, affiliate links, or promotional collaborations. All sponsored material is clearly labeled to maintain transparency with our audience. Our editorial decisions remain fully independent, and advertising partnerships do not influence reviews, rankings, or published opinions.
Since 2023, CoinsProbe has delivered reliable insights on cryptocurrency, blockchain, and digital assets. Our content is created by experienced researchers and analysts who follow strict editorial standards focused on accuracy, transparency, and credibility. Every article is carefully reviewed and verified using trusted sources and current market data. We provide unbiased analysis and timely updates covering everything from emerging crypto projects to major industry developments.
