Key Highlights
Bolstered by a bullish trend, approximately 74.50% of Binance’s trading community are taking long positions on PEPE. Technical analysis suggests a possible price surge of 40%.
Despite a slight price increase of 1.95%, confidence is building around
Pepe [PEPE]
, indicating the potential for a substantial upswing.
This growing optimism is fueled by increased expert observation, a confirmed bullish breakthrough, and robust investor engagement.
James Wynn’s Prediction for PEPE
In a recent post on X (formerly Twitter), celebrated crypto trader
James Wynn
shared a PEPE/USDT chart showcasing his robust bullish view on the meme-inspired cryptocurrency.
The chart showed that PEPE had definitively emerged from a falling wedge formation, potentially reaching a target price of $0.000015 – representing a potential 40% gain from the current price of $0.00001058 at the time of reporting.
Furthermore,
Wynn
expressed in a separate tweet:
“DOGE and PEPE are the only two premier memecoins in the crypto space destined for long-term survival.”
PEPE’s Bullish Momentum and Potential Price Levels
This positive outlook and bold assertion come as PEPE overcomes resistance at a declining trendline.
The upward breach has initiated a bullish trend, paving the way for a significant price surge.
Technical analysis conducted by AMBCrypto indicates that the existing breakout mirrors a previous price surge. In July 2025, PEPE broke free from a similar descending triangle, leading to an eventual 40% price increase.
PEPE’s current pattern repeats an earlier consolidation breakout, preceding the trendline breach, increasing the possibility of repeating its previous gains.
Source: TradingView
Current price trends and historical behaviors suggest that maintaining a position above $0.00001035 will ensure PEPE’s bullish trend stays intact.
Should this occur, PEPE might see an upswing of about 40%, targeting the $0.000015 level.
Technical Indicator Analysis
Nonetheless, the price is currently below the 200-day Exponential Moving Average (EMA), suggesting that PEPE was in a downtrend at report time.
The 200 EMA appears to pose a significant resistance. A break above this level could potentially trigger a substantial price surge.
The Average Directional Index (ADX) reading of 20 is below the threshold of 25, indicating weak momentum for PEPE. Therefore, a reduction in buying activity could undermine the current breakout.
Traders Bullish on PEPE, 74% Take Long Positions
PEPE traders appear to be acting on the bullish trends. Data from
CoinGlass
shows the Binance PEPE/USDT Long/Short Ratio was 2.92. This metric highlights the strength of buyers relative to sellers.
Source: CoinGlass
This suggests that around 2.92 long positions are opened for every short position. Further, 74.50% of Binance users are currently betting on upward price movement, while 25.53% are predicting a downward trend.