Date: Sun, July 13, 2025 | 09:15 AM GMT
The cryptocurrency market has entered historic territory this week, with Bitcoin (BTC) reaching a new all-time high of $118K. Ethereum (ETH) followed suit with a strong 17% weekly gain. This wave of bullish momentum has spilled over into the major memecoins — and Pepe (PEPE) is starting to turn heads once again.
PEPE surged by 25% this week, but what’s even more interesting is a potential fractal pattern emerging on the chart — one that mirrors its explosive late-2024 breakout.
Source: Coinmarketcap
Fractal Suggests Bullish Rally
In late 2024, PEPE formed a textbook breakout pattern. After reclaiming both its 100-day and 200-day moving averages, it broke out of a symmetrical triangle. That breakout triggered a massive 172% rally, sending prices soaring and testing the upper boundary of its long-term ascending channel.
PEPE Daily Chart/Coinsprobe (Source: Tradingview)
Now, PEPE appears to be retracing that same path.
Once again, the token has reclaimed both the 100-day and 200-day moving averages and is now pressing against the resistance of a symmetrical triangle — almost identical to the setup before its previous breakout.
What’s Next for PEPE?
If this fractal pattern continues to play out, a successful breakout from the triangle could launch PEPE into another powerful rally — potentially targeting the upper boundary of the channel near $0.000050, which represents a +300% move from current levels.
However, confirmation is key.
Until PEPE decisively breaks out from the triangle with strong volume, traders should remain cautious. A failed breakout attempt could lead to a short-term pullback, with support resting near the 200-day moving average around $0.000010.
