PEPE Coin Breaks Out of Consolidation, Punches Through Resistance, Igniting Meme Coin Momentum

While the broader crypto market drifted sideways, frog-themed PEPE coin broke out of consolidation and punched through key resistance, catching traders off guard.

While the broader crypto market cycled through sideways trading on Tuesday morning, frog-themed PEPE coin broke out of consolidation and punched through key resistance at the $0.00001471 level, catching traders off guard.

As of 6:38 ET (10:38 GMT), PEPE is trading at $0.00001386, marking its biggest one-day gain this week and reigniting momentum in the meme coin corner.

PEPE price is now up 8% in the past 24 hours.

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What’s Fueling the PEPE Rally Right Now?

After weeks languishing in a sideways channel, meme coin PEPE is finally showing signs of breaking out of the rut.

The price action has been largely uneventful since mid-April, with PEPE largely trading in a range between $0.000014 and $0.000017. But the tide appears to be turning.

This isn’t random. The rally is coordinated, highly liquid, and spreading fast.

PEPE Coin Chart: Bullish Flip Confirmed

The daily chart speaks loud and clear:

Every dip is being bought quickly, suggesting bulls are in full control and the top likely isn’t in yet.

Is PEPE the Next Meme Coin to Explode?

It’s still early to call a full trend reversal, but one thing’s clear: PEPE is leading today’s action. While DOGE and SHIB cool off, PEPE has stepped up as the meme coin of the moment.

Up By Over 40% In A Week, Dogecoin Price Could Struggle to Breach $0.260

If $0.00001471 is decisively cleared, the door opens for a secondary leg higher and another wave of speculative buyers.

Conclusion

An 8% daily move might sound small until you consider the rest of the market is flat or red.

PEPE is sending a clear signal: meme coin liquidity is back in play. If bulls keep pressing, this could evolve into a multi-day rally with double-digit upside before most traders even react.