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 <li>Analyst KALEO expects PEPE to experience another spike after the formation of a descending triangle pattern.</li> 
 <li>PEPE faced a fall of 11.95% in seven days and is trading at $0.000001532.</li> 
 <li>The meme coin’s current falling wedge pattern could drive PEPE’s price upwards.</li> 
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 A crypto analyst under the pseudonym KALEO made a <a href="https://coinedition.com/pepe-price-prediction/" rel="noopener noreferrer nofollow">prediction for PEPE</a>, expecting the meme coin to experience another bull run. The crypto analyst shared a 1-hour chart of PEPE where two descending triangles had formed. When the first descending triangle pattern formed, PEPE rose drastically forming new higher highs. KALEO could be indicating that a similar sentiment could be observed soon after the formation of the second descending triangle. 
 Currently, PEPE is trading between its intraday high of $0.000001537 and intraday low of $0.00000149. PEPE also faced a fall of 11.95% in seven days and is trading at $0.000001532, at the reported time. According to CoinMarketCap, PEPE’s market cap is currently valued at $600,113,020 after experiencing a surge of 1.02% in one day. Moreover, PEPE’s seven-day fall led the meme coin to reside within the red zone vicinity. 
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 <img decoding="async" width="975" height="396" src="https://coinedition.com/wp-content/uploads/2023/07/PEPE-1.jpg" alt="" class="wp-image-306826" srcset="https://coinedition.com/wp-content/uploads/2023/07/PEPE-1.jpg 975w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-300x122.jpg 300w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-313x127.jpg 313w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-380x154.jpg 380w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-768x312.jpg 768w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-696x283.jpg 696w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-127x52.jpg 127w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-159x65.jpg 159w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-255x104.jpg 255w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-795x323.jpg 795w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-440x179.jpg 440w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-414x168.jpg 414w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-326x132.jpg 326w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-377x153.jpg 377w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-328x133.jpg 328w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-144x58.jpg 144w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-123x50.jpg 123w, https://coinedition.com/wp-content/uploads/2023/07/PEPE-1-129x52.jpg 129w" sizes="(max-width: 975px) 100vw, 975px"> 
 <figcaption class="wp-element-caption"> PEPE 7-Day Chart (Source: <a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="noopener noreferrer nofollow">CoinMar…</a> 
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 The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/pepe-shows-signs-of-breakout-of-the-falling-wedge-will-it-spike/">PEPE Shows Signs of Breakout of the Falling Wedge, Will It Spike?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.
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PEPE Shows Signs of Breakout of the Falling Wedge, Will It Spike?

Coin Edition

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