Date: Sun, July 20, 2025 | 06:30 AM GMT
The cryptocurrency market remains firmly bullish, with Ethereum (ETH) leading the surge — gaining 23% over the past week and now trading near $3,650. This strong momentum is spilling into major memecoins, and Pepe (PEPE) is emerging as one of the top contenders for a potential breakout.
PEPE has risen 10% over the past week, extending its 30-day gains to 33%. But what’s catching traders’ attention now isn’t just the price — it’s the bullish fractal setup forming on the chart is signaling the potential for another strong upside move.
PEPE Mirrors ETH’s Bullish Path
According to fresh analysis by prominent crypto analyst JACKIS, PEPE is tracking a fractal pattern similar to Ethereum’s current breakout, which saw ETH surge from its 0.382 Fibonacci retracement level to its recent move above the 0.786 Fib level and now eyeing higher targets near the 1.0 Fibonacci zone.
Meanwhile PEPE is appears to be following similar path.
Right now, PEPE is consolidating just below the $0.00001409 level (0.382 Fib) — a zone acting as key resistance. A decisive breakout above this area could unlock a much larger move to the upside.
What’s Next for PEPE?
If PEPE manages to close and hold above the 0.382 Fibonacci level at $0.00001409, it could ignite a rally above the 0.786 Fibonacci target around $0.000024. That would mark a 77% surge from current prices, closely mirroring Ethereum’s recent bullish move.
If the fractal fully plays out, PEPE could even retest its previous all-time high near $0.00002837 — a move that would represent a potential 110% rally from where it stands now.
With Ethereum’s rally acting as a tailwind and PEPE’s technical structure aligning for a bullish continuation, traders are closely watching this memecoin for what could be its next big leg up.
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