- Bitcoin has rebounded from $76,000 to $83,000, leading to improved market sentiment and early signs of strength in memecoins like PEPE and FLOKI.
- Crypto analyst @CryptooELITES confirms both PEPE and FLOKI have reached their cycle bottoms, with PEPE showing a rounded bottom formation that historically leads to parabolic moves.
- PEPE could potentially rally 40x from current levels based on Fibonacci retracement analysis and previous breakout patterns, with early momentum signs already visible.
- FLOKI has found strong support at its lower trendline and could see an 18x upside move, with the analyst predicting both assets are positioned for explosive moves as market confidence returns.
Date: Tue, March 18, 2025 | 11:40 AM GMT
The crypto market is showing early signs of a rebound as Bitcoin (BTC) has bounced back from last week’s low of $76,000 and is now stabilizing near $83,000—a promising shift after a choppy start to March. As sentiment gradually improves, memecoins like Pepe (PEPE) and Floki (FLOKI) are beginning to show signs of strength, with noticeable weekly gains after enduring a heavy drop over the last 90 days.
Crypto analyst @CryptooELITES has confirmed that both PEPE and FLOKI have reached their cycle bottoms, signaling that the worst may be over. Based on historical patterns and key technical indicators, the analyst believes these memecoins are primed for significant upside in the coming weeks.
Pepe (PEPE)
The analyst has confirmed that PEPE has completed its bottoming process and is now in the early stages of recovery. The chart shows a well-defined rounded bottom formation, a structure that has historically led to parabolic moves. This pattern has played out multiple times before, with each previous cycle leading to a massive price surge.
Fibonacci retracement levels align with this setup, providing further confirmation that PEPE has established a firm support zone. According to the analyst’s projection, PEPE could be gearing up for a massive 40x rally from current levels if it follows previous breakout patterns.
Early signs of momentum are already visible, and with market sentiment improving, the next phase of its uptrend may have already begun.
Floki (FLOKI)
Floki (FLOKI) has also completed its bottoming process, as confirmed by the analyst. The asset has consistently found strong support at the lower trendline, a level that has marked key reversals in the past. Each previous test of this zone has resulted in a significant bullish move, and the current structure suggests that history may repeat itself.
The Fibonacci retracement highlights confluence between past reversal zones and FLOKI’s current price action, reinforcing the bullish outlook. If the pattern follows its previous cycles, the analyst predicts an 18x move to the upside in the coming months.
FLOKI’s price action is showing signs of accumulation, setting the stage for a potential breakout once broader market conditions align.
What’s Ahead?
With both PEPE and FLOKI having confirmed their cycle bottoms, the analyst is confident that the next phase for these assets is a strong uptrend. PEPE has already begun its recovery, moving away from its lows and showing early signs of bullish momentum.
FLOKI, while still consolidating near its support, has completed its bottoming formation and is expected to follow PEPE’s lead. As confidence returns to the market and liquidity increases, both assets could see explosive moves in the near future.
While risks remain, the technical confirmation of these bottoms provides a compelling case for a potential rally. Investors are now watching closely for further signs of strength as these patterns unfold.
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