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<p><a href="https://twitter.com/ali_charts/status/1756334277636059217?s=19" target="_blank" rel="noopener noreferrer nofollow">According to analyst Ali,</a> the PEPE token appears poised for a bullish breakout. He highlights a developing head-and-shoulders bottoming pattern on the 3-day chart, with the left shoulder and head fully formed. Now the right shoulder is taking shape, suggesting the downtrend since December may soon reverse.</p>
<p>With PEPE priced around $0.0000000103 presently, Ali sees two key upside targets if the pattern triggers a spike. First, a move towards $0.0000017, and then a break of the resistance, which could spark a rapid surge to $0.0000027 based on the height of the pattern.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="666" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-1024x666.png" alt="" class="wp-image-436043" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-1024x666.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-300x195.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-767x499.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-1536x999.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-2048x1332.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-231x150.png 231w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-100x65.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-336x220.png 336w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-538x350.png 538w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-369-788x512.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><strong>Buy Signal Also Flashing for PEPE</strong></p>
<p>Bolstering the case for an imminent PEPE uptrend, Ali notes the TD Sequential indicator recently flashed a buy signal on the 3-day timeframe. This technical tool often spotlights when assets are overextended to the downside before shifting direction.</p>
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<p><strong>Confluence of Bullish Factors Emerging</strong></p>
<p>The developing head-and-shoulders pattern and buy signal combine to present a high-probability setup for PEPE according to Ali. With the token appearing extremely oversold, the table seems set for a rebound. PEPE will be an interesting token to monitor for signs of the right shoulder forming and a breakout taking shape. If Ali’s analysis proves correct, PEPE could double in value quickly with technicals this aligned. Crypto investors may want to position ahead of the anticipated $0.0000017 and $0.0000027 upside targets being hit.</p>
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<p>The post <a href="https://captainaltcoin.com/a-confluence-of-bullish-indicators-suggests-pepe-is-about-to-spike-here-are-the-targets/" rel="noopener noreferrer nofollow">A Confluence of Bullish Indicators Suggests PEPE Is About to Spike: Here Are the Targets</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

A Confluence of Bullish Indicators Suggests PEPE Is About to Spike: Here Are the Targets

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