Price Prediction for Pepe: Could a Final Drop Trigger a Massive 5x Rally for PEPE?

PEPE has fallen 4% in the last 24 hours to $0.00001180, with trading volume decreasing by 28% — a sign of cooling momentum after its recent breakout.

However, this correction seems to be part of a healthy consolidation phase rather than a trend reversal.

The price action is currently forming a bullish ascending triangle, consistently respecting a key support trend line. Historically, this pattern often leads to an explosive increase once sellers exhaust themselves and liquidity accumulates.

The RSI has reset to 31.00, entering oversold territory — an area frequently associated with local lows. At the same time, the MACD is flattening, indicating that a potential momentum shift is on the way.

If PEPE makes a final drop to sweep liquidity below $0.00001100, it could attract new whale accumulation just above the trend line — setting the stage for the next big move up.

Once that flush is complete, PEPE could realistically target $0.00005000, representing a 500% rally from current levels, and eventually aim for the $0.00005940 range, aligning with March highs and beyond.

With a bullish technical structure, a reset RSI, and on-chain strength, PEPE may be gearing up for its most powerful breakout yet — but only if it survives one last shakeout.

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