The PEPE price surge is grabbing headlines again. James Wynn, a widely followed market expert, believes the frog-themed meme coin is on the verge of a bullish wave, possibly kicking off as early as Wednesday, April 23. As early Asian trading hours showed signs of broader crypto market gains, PEPE rode the wave, surging nearly 15% intraday. This uptick has not only stirred curiosity but also renewed investor confidence in what many dubbed a meme with momentum.
Wynn points to a key PEPE growth trigger, the breakout of a psychological resistance zone at $0.00001. He highlights this barrier as critical, calling it a short-term test for bulls. If broken, PEPE could see a quick climb to $0.00001050, which he calls the next “take profit” zone. With that, excitement is building around a classic technical pattern, the cup and handle, which often signals extended upside.
PEPE Price Surge: Breaking Past Key Resistance Levels
Let’s talk about the PEPE price today. As of reporting, PEPE is trading around $0.000009168, having climbed from a 24-hour low of $0.00000808, reflecting a 28.95% weekly gain. The short-term goal for bulls remains clear, breach the $0.00001 resistance. Analysts often see such rounded figures acting as mental hurdles for traders, making the breakout even more significant.
If PEPE clears this level, Wynn expects a rapid move toward $0.00001050. The PEPE price today is also benefiting from broader bullish sentiment in the market, especially with Ethereum pushing past $1,800, setting a positive backdrop for altcoins. Wynn emphasizes that once this level is breached, a pullback might occur to retest the $0.00001050 zone.
PEPE Growth: Is FOMO the Next Catalyst?
The term “PEPE growth” has been tossed around a lot this week. According to Wynn, once the cup and handle formation completes and resistance turns into support, the next leg up might be driven by FOMO (fear of missing out). This emotional trigger has historically sent meme coins to new heights. The PEPE price momentum projects a staggering 7,220% potential surge, likening PEPE’s future to Ethereum’s legendary rally.
For investors seeking speculative growth plays, the current market positioning of PEPE offers both excitement and volatility. It’s important to watch how this PEPE story unfolds, especially as retail traders start to take notice.
The Bigger Picture: What This Means for Investors
The ongoing PEPE price surge is more than just a meme-fueled pump. It reflects changing investor sentiment, growing optimism, and renewed interest in low-market-cap assets during a bullish phase. While volatility remains high, analysts suggest that strategic entry and exit points, like those highlighted by Wynn, could reward disciplined traders.
The PEPE price today gives a glimpse of what could lie ahead. If Wynn’s forecast plays out and key resistance levels break with conviction, the price action might attract both short-term momentum traders and long-term holders. That’s the beauty of meme coins, unpredictable yet engaging.
Finally, PEPE growth isn’t just measured in price. It’s about community, sentiment, and the power of viral momentum. As the crypto market turns a bullish page, all eyes are on PEPE, the frog that might just leap higher than anyone expected.
Source: Coinfomania / Digpu NewsTex