$PEPE In a recent tweet, Whale Insider highlights a bullish pennant pattern in PEPE’s market cap chart. In technical analysis, this chart setup is often spotted in an established uptrend, projecting the potential for a prolonged bullish trend.
After a significant uptrend, the chart pattern drives a temporary consolidation within two converging trend lines for buyers to recuperate the bullish momentum. WhaleInsider chart accentuates the PEPE market cap formed a similar pattern in the first half of 2024 before it triggered a rally to $7.5 Billion.
Thus, an imminent breakout from the chart setup could drive the PEPE coin market cap to $25 Billion market cap.
After a significant uptrend, the chart pattern drives a temporary consolidation within two converging trend lines for buyers to recuperate the bullish momentum. WhaleInsider chart accentuates the PEPE market cap formed a similar pattern in the first half of 2024 before it triggered a rally to $7.5 Billion.
Thus, an imminent breakout from the chart setup could drive the PEPE coin market cap to $25 Billion market cap.