As meme coins made a strong rally earlier this year, PEPE also recovered and posted notable gains. Although the meme coin has now slipped back into negative territory, a crypto analyst believes Another bullish reversal could be imminent soon. According to the analyst, an important technical pattern has recently appeared on the chart that suggests this PEPE has formed a bottom and could be on track for a massive 3,000% price rally.
PEPE price prepares for massive 3,000% rise
In a post shared on X this Thursday, market analyst CryptoLinx said sketched A bullish outlook for PEPE, pointing to a major shift on the weekly chart that he believes could spark a 3,000% rally in the meme coin price. He explained that PEPE had just given an uptrend MACD crossing (Moving Average Convergence Divergence). in a weekly time frame.
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The analyst's chart shows the weekly MACD lines crossing to the upside with momentum shifting from red to green. This step comes afterwards an extended downward trend and coincides with price stabilization and the beginning of a rise, a pattern often associated with a rounded bottom.
Source: X
In its post, CryptoLinx highlighted that most traders and investors do not fully understand how powerful the weekly MACD can be when it hits a true market bottom. Such moments often mark the market's transition from an accumulation phase to a sustained uptrend.
In previous cycles, similar constellations have led to a significant increase in the price of PEPE. PEPE price saw fluctuations of 200% to 300% as the momentum shifted in favor of buyers. CryptoLinx has suggested that PEPE has indeed found its true bottom potential price rally could be significantly more explosive than past cycles.
Based on the analyst's predictions, the bullish MACD cross would not lead to a simple price recovery for PEPE, but an explosive wave This could completely reverse the ongoing downward trend and mark a new high. The analysis suggests a potential upside of 1,500% to 3,000% for PEPE this year. Such a rally could see the meme coin rise from its current level of $0.00000585 to $0.0000928 and $0.000179, respectively.
An update on the PEPE price action
In 2025, the Pepe price will increase spent several months in a sustained downward trendended the year in the red and extended its losses into the first days of 2026 Meme coins experienced a sudden market revival At the start of the year, PEPE rose more than 30% and briefly recovered before giving back some of its gains.
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According to CoinMarketCap data, PEPE price remains down over 68% year-to-date (YTD). Despite this overall decline, the meme coin has shown signs of recovery, rising more than 44% in the last month. At the time of writing, PEPE is down almost 3% in the last 24 hours and around 4.5% over the past week.
Price retracts gains | Source: PEPEUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
