2026-4-20 21:00 |
The market is circling back to PEPE and this time it’s not just hype driving the conversation. Top analyst Crypto Patel shared that the current setup on the chart looks very similar to the structure that led to PEPE’s huge rally in 2023.
Back then, the token pumped over 4,500% in just over a year. Now, the question is whether history is about to repeat itself.
Right now, the PEPE price is sitting inside what the analyst calls a “high-confluence accumulation zone.” In simple terms, multiple strong support signals are lining up in the same area.
The chart shows a combination of fair value gaps (FVG), order blocks, and horizontal support all stacked together. This kind of structure doesn’t show up often, and when it does, it usually signals that big players are accumulating.
The PEPE price is around $0.00000376, which is right here in this area. As long as it holds its position between $0.0000030 and $0.0000018, the pattern holds up.
Should the price fall below the mark of $0.0000017, the pattern will cease to exist. But for now, buyers are still holding the line.
Source: X/CryptoPatel What Needs to Happen NextFor PEPE to really take off, there’s one key level to watch, $0.000006.
That’s the point where momentum could shift. If the PEPE price breaks above it and holds, it would confirm strength and open the door for a bigger move.
Until then, the market may continue to move slowly, building pressure inside this range.
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How High Can PEPE Price Go?This is where things get interesting. Based on the current structure, the analyst is focusing on medium-term targets ranging from $0.000028 to $0.0001.
This implies an upward potential from 7 to 30 times the current level, while in some cases, this can be even higher.
It sounds extreme, but the reasoning comes from past behavior. The last time the PEPE price formed a similar structure, it went on a clean vertical run. The current chart is showing a similar pattern, breakdown, retest, liquidity sweep, and then reclaim.
If that pattern completes again, a strong rally becomes more likely.
There’s also a bigger cycle factor at play. Memecoins tend to perform best in the later stages of a bull run. That’s when risk appetite increases and capital starts flowing into high-risk, high-reward assets.
If that phase kicks in while PEPE is still holding this structure, it could act as a trigger for a sharp move upward.
For now, the PEPE price is not exploding, it’s building. The key support zone is holding, and the structure still favors the upside. But confirmation is needed. ,
A clean break above $0.000006 would be the first real sign that momentum is returning. Until then, this remains a high-risk setup with high potential.
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The post Top Analyst Says Pepe (PEPE) Price Could Explode 55x – Is $0.0001 Really Possible? appeared first on CaptainAltcoin.
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