PEPE Price Prediction for June: Key Indicators Turn Bullish

During the ongoing market recovery, the PEPE price did probably the best out of the biggest meme coins.

Pepe coin (PEPE) price did probably the best out of the biggest meme coins during the ongoing market recovery. The coin dipped to $0.000058 in March, but then did over 2x in the meantime and is now trading around $0.00001392.

So, what’s next for PEPE now in June?

We took a look at the PEPE/USDT chart on the 4-hour timeframe.

From a technical point of view, PEPE’s price is forming a base just above its 200-day moving average. This kind of structure is often seen before the next leg up. What’s more, we’re seeing higher lows forming in May, suggesting that bulls are slowly gaining control again.

The RSI is sitting near 50, which is neutral, but with price trading slightly above the 200-day MA, this could shift quickly into bullish territory. The recent breakout attempts above $0.00001420 have been met with minor selling pressure, but the overall structure is still leaning bullish.

Volume has remained steady without any big spikes, which means there’s no FOMO just yet – that can actually be a good thing, because it signals the move might still be early.

Some indicators are flashing green on the weekly timeframe:

These indicators suggest PEPE still has room to grow, especially if broader market conditions remain favorable.

We’ve prepared three potential scenarios for where PEPE might head next in June based on current technicals and market trends:

If bulls manage to push through the $0.00001450 resistance, we could quickly see the price move toward the $0.000017–$0.000019 range. On the flip side, losing the $0.00001280 support could drag the price back down to $0.000010–$0.000011 area.

Right now, momentum is clearly in the bulls’ favor – but as always with meme coins, sentiment can flip fast. Keep an eye on BTC and ETH, because if they start running, capital may rotate into meme coins like PEPE again.

Overall, June looks promising for PEPE – and if the current setup holds, the coin could be gearing up for another leg higher.

A fresh update from analyst Clifton FX has added more fuel to the bullish outlook for PEPE. According to his chart, PEPE is currently forming a classic bullish pennant pattern on the 4-hour timeframe. These types of setups often appear after a strong upward move, followed by a period of consolidation. That’s exactly what we’re seeing here.

The upper trendline is squeezing price action downward, while buyers are consistently defending a rising lower support line – a textbook pennant formation. Price is now approaching the apex, which usually means a breakout is coming soon.

If this pattern resolves to the upside, Clifton suggests we could see a massive 50% to 100% rally, which would target the $0.00002000 to $0.00002700 range. These targets are not random – they’re based on the height of the previous leg up, which is typically used to project the potential move after a breakout.

But as always with pennants, confirmation is key. We’ll need a clean break above the resistance trendline, ideally with volume, to validate the setup. Until then, it’s a high-probability pattern – but not a guarantee.

This bullish pennant adds to the growing list of reasons why June might be a strong month for PEPE.