{"id":3903,"date":"2025-04-05T05:00:33","date_gmt":"2025-04-05T05:00:33","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/pepe-price-breaks-ascending-triangle-to-target-another-20-crash\/"},"modified":"2025-04-05T05:00:33","modified_gmt":"2025-04-05T05:00:33","slug":"pepe-price-breaks-ascending-triangle-to-target-another-20-crash","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/pepe-price-breaks-ascending-triangle-to-target-another-20-crash\/","title":{"rendered":"PEPE Price Breaks Ascending Triangle To Target Another 20% Crash"},"content":{"rendered":"

The PEPE price has taken a sudden critical resistance level.\u00a0<\/p>\n

Bears Threaten 20% Crash In PEPE Price<\/h2>\n

PEPE\u2019s price action has swiftly Ascending Triangle pattern. Notably, PEPE\u2019s CHoCH is highlighted where the price broke below previous support, indicating a significant structural shift to the bearish zone as buyers lose momentum.\u00a0<\/p>\n

According to pseudonymous TradingView analyst \u2018MyCryptoParadise\u2019, bears could seize control of PEPE\u2019s price as it approaches a crucial resistance zone at $0.000008. The analyst has suggested that if the meme coin fails to break above the resistance, it could result in a 20% crash to lower support levels.\u00a0<\/p>\n

The first minor support level at $0.0000065 is highlighted in the green line on the analyst\u2019s price chart. Should bearish momentum<\/a> persist, PEPE could drop further, trapping late buyers and extending its correction phase. The analyst has pinpointed a much deeper support zone at $0.0000055, serving as a crucial defense against a stronger price breakdown.\u00a0<\/p>\n

\"PEPE\"<\/p>\n

A major factor supporting PEPE\u2019s projected price crash<\/a> is the alignment of its key resistance level with several bearish elements. The TradingView analyst\u2019s price chart shows that PEPE\u2019s $0.000008 resistance coincides with a 200 Exponential Moving Average (EMA), <\/a>which acts as a dynamic resistance. The 200 EMA is often a reliable indicator of long-term trend shifts, and its overlap with the resistance adds strength to the bearish outlook.\u00a0<\/p>\n

The resistance also coincides with a Fair Value Gap (FVG), a region where liquidity has been left untested, suggesting that price could be drawn back to fill this gap. Lastly, PEPE\u2019s critical resistance level intersects with a Fibonacci Golden Zone, a key retracement level where price reversals often occur, further signaling the potential for a downturn.\u00a0<\/p>\n

Potential Breakout Scenario<\/h2>\n

While \u2018MyCryptoParadise\u2019 projects a 20% correction for the PEPE price, which is currently trading at $0.00000698, he also shared a possible bullish scenario in which the meme coin surprises traders with an upward breakout. The TradingView analyst has projected that if PEPE manages to close a candle above the $0.000008 resistance, his bearish thesis could be completely invalidated.<\/p>\n

In this case, the market should anticipate a continuation of the uptrend, with the next price target potentially reaching $0.0000085 and beyond. However, for bulls to break through this resistance level, strong volume and momentum are required. Given that Pepe\u2019s price is still in the red, this bullish scenario seems like a less likely scenario for now.<\/p>\n

\"PEPE\"<\/p>\n","protected":false},"excerpt":{"rendered":"

The PEPE price has taken a sudden critical resistance level.\u00a0 Bears Threaten 20% Crash In PEPE Price PEPE\u2019s price action has swiftly Ascending Triangle pattern. Notably, PEPE\u2019s CHoCH is highlighted where the price broke below previous support, indicating a significant structural shift to the bearish zone as buyers lose momentum.\u00a0 According to pseudonymous TradingView analyst…<\/p>\n","protected":false},"author":1,"featured_media":3904,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[850],"tags":[2091,2092,2093,1619,1743,2051,2094,2052,1726,555,861,862,863,864,865],"class_list":["post-3903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pepe","tag-ascending-triangle-pattern","tag-change-of-character","tag-choch","tag-ema","tag-exponential-moving-average","tag-fair-value-gap","tag-fibonacci-golden-zone","tag-fvg","tag-mycryptoparadise","tag-pepe","tag-pepe-coin","tag-pepe-news","tag-pepe-price","tag-pepeusd","tag-pepeusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=3903"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3903\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3904"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}