Meme coin PEPE is once again catching the attention of investors. Since April 7th, we’ve seen a clear upward trend, with the price following a steady rising curve. While it’s still early to make long-term predictions, current indicators suggest there could be room for a stronger breakout — it’s just a matter of when.
One of the key technical indicators supporting this scenario is the Simple Moving Average (SMA), which is now crossing a resistance line – often seen as a sign of a potential trend reversal in a bullish direction.
Of particular interest is the movement after April 14th, when PEPE broke through its previous top resistance level. Although the price hasn’t made a major move beyond that point yet, the breakout itself indicates market strength and a possible continuation of the upward momentum.
In the coming days, it will be crucial to watch whether PEPE can confirm this breakout and stabilize above the former peak. If confirmed, it could pave the way for a move toward even higher levels.
