{"id":81252,"date":"2025-07-16T12:26:51","date_gmt":"2025-07-16T12:26:51","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=81252"},"modified":"2025-07-16T12:26:51","modified_gmt":"2025-07-16T12:26:51","slug":"pepe-soars-by-27-weekly-can-it-flip-shib-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=81252","title":{"rendered":"PEPE Soars by 27% Weekly: Can it Flip SHIB Next?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Analysts spotted bullish technical patterns and envisioned further gains for PEPE.<\/span>
\nOne popular X user believes the meme coin will soon flip SHIB and become the second-biggest meme coin.<\/p>\n

<\/a><\/span><\/h2>\n

PEPE on the Run<\/h2>\n

The frog-themed meme coin has followed the overall rally of the cryptocurrency market in the past several days. Just a few hours ago, it spiked to $0.00001307, which represents a 27% weekly increase.<\/span><\/p>\n

<\/a>PEPE Price, Source: CoinGecko<\/p>\n

PEPE\u2019s market capitalization currently stands at around $5.5 billion, making it the 34th-largest cryptocurrency and the third-biggest in the meme coin sector.\u00a0<\/span><\/p>\n

Some analysts believe the asset\u2019s bull run is only starting. The X user Max <\/span>thinks<\/span><\/a> PEPE \u201cis about to begin flying,\u201d adding that \u201cconviction has never been higher than right now.\u201d<\/span><\/p>\n

$Pepe<\/a> is about to begin flying. Conviction has never been higher than right now.<\/p>\n

This is exactly the same set up at Feb\/March of 2024 except this time we have ETHBTC as a tailwind instead of a headwind.<\/p>\n

Look closely at my chart lines & their annotations. Same exact set up. https:\/\/t.co\/bCVTezE32I<\/a> pic.twitter.com\/GdYigrUrFy<\/a><\/p>\n

\u2014 Max (@MaxBecauseBTC) July 15, 2025<\/a><\/p>\n\n

The popular analyst, using the X moniker Nebraskangooner, also touched upon the meme coin, <\/span>noting<\/span><\/a> the formation of an \u201cinverse head and shoulders\u201d structure on its price chart. <\/span>This<\/span> is considered a bullish technical pattern <\/span>that indicates<\/span> additional gains in the short term.\u00a0<\/span><\/p>\n

Jake Gagain <\/span>described<\/span><\/a> PEPE as the SHIB of this bull cycle. In his view, the most significant<\/span> advantages of the frog-themed meme coin include its listing on most leading crypto exchanges and the sporadic support from Elon Musk. Gagain went even further, claiming that Shiba Inu has already had its \u201cmajor run up,\u201d predicting that PEPE could flip it <\/span>in the near future<\/span>. Currently, the gap between the two is less than $3 billion.<\/span><\/p>\n

The Indicators<\/span><\/h2>\n

Less than a week ago, one whale identified as 0x06b3 <\/span>purchased<\/span><\/a> 227.8 billion PEPE tokens for approximately $2.7 million. Such actions <\/span>are closely monitored<\/span> by smaller players who could also decide to enter the ecosystem and distribute fresh capital. <\/span>Accumulation <\/span>from<\/span> whales is bullish for another reason: it leaves fewer tokens available on the open market, which could propel a price pump (assuming demand doesn\u2019t <\/span>head south<\/span>).<\/span><\/p>\n

However, some metrics should <\/span>be viewed<\/span> by investors as warning signs. PEPE\u2019s Relative Strength Index (RSI) has neared the bearish zone of 70, indicating that the price has risen too rapidly in a short period.
\n<\/span><\/p>\n

<\/a>PEPE RSI, Source: CryptoWaves<\/p>\n

Readings above that zone typically suggest that the asset is overbought and may be headed for a short-term pullback, while anything below 30 is considered bullish territory.<\/span><\/p>\n

The post PEPE Soars by 27% Weekly: Can it Flip SHIB Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Analysts spotted bullish technical patterns and envisioned further gains for PEPE. One popular X user believes the meme coin will soon flip SHIB and become the second-biggest meme coin. PEPE on the Run The frog-themed meme coin has followed the overall rally of the cryptocurrency market in the past several days. Just a few […]<\/p>\n","protected":false},"author":0,"featured_media":81253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/81252"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=81252"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/81252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/81253"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}