PEPE price is showing signs of a breakout both on the hourly and daily charts.

After consolidating near key support zones, the memecoin is now attempting to reclaim lost ground.

Pepe coin price is showing signs of a breakout both on the hourly and daily charts. After consolidating near key support zones, the memecoin is now attempting to reclaim lost ground.

The daily chart shows a fresh bounce from the 100-day SMA, while the hourly chart displays a clear bullish structure forming higher lows and higher highs. Momentum is building—and it may only be a matter of time before PEPE coin price tests higher Fibonacci levels.

Pepe Price Prediction: Breakout Structure Is Forming

The hourly chart shows PEPE price trading at $0.00001314, with the price steadily climbing above the SMA 20/50/100 cluster, currently around $0.00001266-$0.00001287. The 200 SMA sits further below at $0.00001195, reinforcing the support base.

We also see a 5-wave Elliott structure completing, with Wave 5 forming higher than Wave 3, indicating impulsive buying. PEPE has crossed the $0.00001300 resistance and is targeting the $0.00001360-$0.00001400 zone.

The Fibonacci extension shows the 1.618 level at approximately $0.00001428, a potential short-term target. If momentum continues, we could see a move toward the $0.00001550 level, which is the 2.618 extension. This gives traders a quick upside of nearly 18% from current levels.

If PEPE price breaks $0.00001360 and hits $0.00001550:

Gain = (0.00001550 - 0.00001314) / 0.00001314 x 100 = 17.94%

The daily chart shows Pepe price bouncing from the 50-day SMA (~$0.00001160) after completing a retracement from its May high. Today’s green candle confirms bullish pressure, reclaiming the short-term downtrend resistance line.

A golden cross remains active from early May when the 50-day SMA crossed above the 200-day SMA, a long-term bullish signal. Currently, the 200-day SMA is at $0.00000937, which PEPE is comfortably holding above.

The Fibonacci retracement from the recent swing high to swing low shows price recovering above the 38.2% level, with targets n