Date: Thu, July 17, 2025 | 04:02 PM GMT
The cryptocurrency market remains strongly bullish, with Ethereum (ETH) maintaining its upside momentum—posting a 21% gain over the past week and now trading near the $3,400 mark. This bullish wave is spilling over into memecoins, and PEPE is quickly emerging as a standout.
PEPE has jumped 14% this week, pushing its 90-day performance to an impressive 85%. But beyond the numbers, what’s turning heads now is the emergence of a familiar fractal setup—one that previously foreshadowed a major breakout.
Fractal Setup Hints at Bullish Continuation
According to new analysis from chartist MAX, PEPE is currently mirroring the exact fractal structure seen before its explosive rally in March 2024—where it surged more than 700%. That previous move was sparked after the price broke out from a long downtrendline and the daily RSI crossed above 70.
Fast forward to now: PEPE has once again broken out from a descending trendline, and its daily RSI is back above the 70 level—an almost identical setup. This fractal alignment suggests the memecoin might be on the verge of another powerful leg higher.
What’s Next for PEPE?
If this fractal continues to play out, PEPE could initially target its previous all-time high of $0.000028—a potential 111% move from current levels. And if history is any guide, the breakout could extend even further, pushing PEPE into price discovery mode and charting a new ATH.
Momentum, structure, and sentiment are all aligning. With the broader market turning risk-on and historical patterns repeating, PEPE might just be gearing up for its next big rally.
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