Matt Furie

Pepe

PEPE

Pepe<a href="https://yellow.com/asset/pepe" rel="noopener noreferrer nofollow">(PEPE)</a>, the frog-themed meme coin that once commanded a market cap above $10 billion, is now trading near $0.000003304 after a 55% yearly decline.But a closely watched technical indicator has just flashed a buy signal that analyst Ali Martinez<a href="https://x.com/alicharts/status/2039589395028688998" rel="noopener noreferrer nofollow">says</a> could trigger a rally of roughly 50%.<h2 id="martinez-s-td-sequential-signal">Martinez's TD Sequential Signal</h2>The TD Sequential indicator on PEPE's chart has <a href="https://yellow.com/news/pepe-volume-explodes-283-memecoin-rally-ignites-february-2026" rel="noopener noreferrer nofollow">produced a buy signal</a>, according to Martinez. He noted the pattern could drive prices toward $0.000005 from current levels.That would <a href="https://cryptopotato.com/pepe-chart-flashes-buy-signal-50-breakout-in-the-making/" rel="noopener noreferrer nofollow">mark</a> an approximate 50% gain. The same indicator proved reliable in late September last year, when it generated two buy signals ahead of a double-digit price surge.That rally, however, faded quickly. A sharp correction followed within days.PEPE's market cap has fallen from its late-2024 peak to roughly $1.4 billion, per CoinGecko data. The token last traded near its all-time high of $0.00002803 toward the end of 2024.Also Read:<a href="https://yellow.com/news/bitcoin-below-67k-trump-vows-bomb-iran" rel="noopener noreferrer nofollow">Bitcoin Goes Below $67K After Trump Vows To Bomb Iran To 'Stone Ages'</a><h2 id="analysts-see-potential-bottom">Analysts See Potential Bottom</h2>Other market watchers have weighed in with cautiously optimistic readings. X user The Penguin called PEPE's chart "probably one of the most picture-perfect" from an Elliott Wave perspective, arguing the formation signals a macro bottom ahead of a major move higher.Crypto Candy, another X user, expects "some move" in the short term. Exchange netflow data supports the case for reduced selling pressure — outflows have exceeded inflows in recent weeks, suggesting holders are shifting tokens to self-custody.Still, not everyone is bullish. X user Surya described PEPE's recent price action as "weak" and warned that a rejection near $0.00000345 could lead to a 7% drop.<h2 id="pepe-s-meme-coin-origins">PEPE's Meme Coin Origins</h2>The token launched in April 2023 as an homage to the Pepe the Frog internet meme, created by artist Matt Furie in 2005 for his comic "Boy's Club." PEPE reached its <a href="https://yellow.com/news/pepe-hits-record-high-on-chain-analysis-reveals-key-market-players" rel="noopener noreferrer nofollow">all-time high in December 2024</a>, briefly entering the top 20 cryptocurrencies by market cap. The broader meme coin sector has since cooled considerably, and tokens like PEPE face an uncertain path forward amid persistent bearish conditions across crypto markets.Read Next:<a href="https://yellow.com/news/ethereum-drops-below-2120" rel="noopener noreferrer nofollow">Ethereum Drops Below $2,120 As Bears Regain Control</a>

PEPE Flashes Buy Signal With 50% Rally Potential, Analyst Notes

Table of Contents

Yellow News

Other articles published on Apr 2, 2026

Tokenized Stock Transfers Hit $2.87B in March

Bitcoin Easter sale loading?

European Diesel Prices Explode to $200 Per Barrel — Supply Crisis Deepens

Bitcoin ETFs Extend Inflows With $118 Million as Ether Adds $31 Million

DeFi is optimizing for gas, not for markets

Crypto Stabilizes as War Fears Ease with Crypto Bull Return, APEMARS Hits 1,539+ Backers; LINK an...

Join our free newsletter for daily crypto updates!