Accumulate

Momentum

Pepe

PEPE

<ul>
 <li>PEPE Confirms W-Pattern, Signals Bullish Breakout</li>
 <li>Whale Holdings Surge to 172T as Supply Shrinks</li>
 <li>MACD Bullish Crossover Boosts Momentum Outlook</li>
</ul>
<p>Pepe (PEPE) is drawing renewed market attention after forming a double-bottom “W” pattern on the 90-day chart. The memecoin has rebounded sharply from a recent low of $0.000005860 and is now trading near $0.00000784, posting a 6.13% daily gain. Supported by surging trading volume and strong technical structures, PEPE is positioning for a potential breakout.</p>
<h2 class="wp-block-heading" id="double-bottom-pattern-and-harmonic-structure-fuel-bullish-outlook">Double Bottom Pattern and Harmonic Structure Fuel Bullish Outlook</h2>
<p><a href="https://cryptofrontnews.com/pepe-coin-poised-for-45-surge-as-bullish-pattern-hints-at-major-breakout-to-0-000017-predicts-analyst/" target="_blank" rel="noopener noreferrer nofollow">PEPE’s chart shows</a> a distinct W-shaped double bottom, a pattern often linked to bullish reversals. This structure is forming alongside a falling wedge, further strengthening the current setup.&nbsp;</p>
<figure class="wp-block-image"><a href="Iyx(X)" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdEm4VcSHa9zEDQ9S3WEdKdpbE8DbY3DKt3NqpBX6rQRrwOgOHLWVE3sq1eG84fb-dLFWlcdQ7z4J6LqK-2MAIoM-Xdk2LF3sm-JtHm_GK0eaqPmT_I-l8LxDc3a1HUBT5yIpxb0g?key=XZw4PjuphsrIDKH41zwwmAHt" alt=""></a>
 <figcaption><strong>Source :Iyx(X)</strong>
 </figcaption>
</figure>
<p>The price has consistently held above $0.000005860, establishing firm support for the pattern’s base. On April 21, <a href="https://cryptofrontnews.com/pepe-stages-a-strong-comeback-as-exchange-outflows-surge-and-price-hits-monthly-high/" target="_blank" rel="noopener noreferrer nofollow">PEPE traded above</a> $0.0000078, signaling a potential rally continuation. A Bearish Gartley harmonic pattern is also developing, which traditionally points to short-term upward moves before a reversal.&nbsp;</p>
<p>The D-point on the pattern matches $0.00000958 while stabilizing at the 78.6% Fibonacci retracement level from PEPE's previous major price peak. If this level is reached, it would represent a 25% rise from current prices.</p>
<h2 class="wp-block-heading" id="whale-accumulation-and-exchange-supply-support-the-setup">Whale Accumulation and Exchange Supply Support the Setup</h2>
<p>On-chain data from CoinMarketCap shows a 55.87% surge in daily trading volume, exceeding $530 million. This increased volume reflects rising trader participation and growing optimism.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/captainpepe0x69/status/1914095589673017544
 </div>
</figure>
<p>At the same time, only 26.6% of PEPE’s supply remains on exchanges, a decline from 45% in late 2024. This drop suggests long-term holders are moving tokens to cold storage.</p>
<p>Whales have raised their holdings from 131 trillion to 172 trillion tokens.&nbsp;</p>
<p>The Mean Dollar Invested Age (MDIA) also rose from 35 to 128, reflecting strong conviction. These on-chain metrics support the argument that market participants are preparing for a move higher. With RSI near neutral levels and MACD signaling a bullish crossover, momentum is beginning to shift in favor of bulls.</p>
<p>The post <a href="https://cryptofrontnews.com/pepe-forms-bullish-w-pattern-as-whales/" target="_blank" rel="noopener noreferrer nofollow">PEPE Forms Bullish W-Pattern as Whales Accumulate 172T Tokens</a> appears on <a href="https://cryptofrontnews.com" target="_blank" rel="noopener noreferrer nofollow">Crypto Front News</a>. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.</p>

PEPE Forms Bullish W-Pattern as Whales Accumulate 172T Tokens

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