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Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
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Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

PEPE Traders Spot Breakout Echo—Explosive Surge Back On The Table?

Christian Encila
Christian Encila
1 month ago
3 mins read
PEPE

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Based on reports from the trading account Bitcoinensus on X, PEPE has formed a pattern that led to a 10x rally in the past. Now, some chart watchers believe a similar move could push prices even higher—possibly up to 20X the current level.

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Flag And Breakout Signals Drive Hope

Traders spot a “flag” shape when price moves sideways after a drop and rise. Bitcoinensus pointed out that PEPE first formed one flag, then shot up from about $0.0000015 to $0.000015—a roughly 10x gain.

The chart showed a second flag forming recently, and if PEPE breaks out again, it could mirror that earlier surge. Based on reports, a fresh breakout might send PEPE toward a 20X move from today’s prices.

$PEPE Macro Outlook 🔥🚀

PEPE has been repeating the same explosive pattern:
📉 Flag → 📈 Breakout → 📉 Flag → 📈 Breakout

So far:
Accumulation 1 → 10x
Accumulation 2 → Breakout in progress

The next big move up will probably lead to the cycle top.

History doesn’t… pic.twitter.com/Rqc6KBfWgn

— Bitcoinsensus (@Bitcoinsensus) July 7, 2025

Price Targets And Support Levels Tested

In a follow‑up post, Solberg Invest on X laid out a bullish short‑term view. Their target sits at $0.000015 if PEPE holds above the key support line at $0.0000102.

That level has been tested multiple times in recent weeks, demonstrating some buying interest each time prices approached it. Traders warn that slipping below $0.0000102 could derail hopes for the next big leg up.

PEPE market cap currently at $4.2 billion. Chart: TradingView

Triangle Formation Signals Tension

A recent chart indicates that PEPE is trading within a triangle pattern. Traders track triangles closely because they can lead to rapid moves following a breakout.

Currently, PEPE is wedged at the top of this triangle. When trading volume picks up and the token closes over the old resistance line (indicated in red), it could ignite a new wave of buyers.

Community Buzz Keeps Meme Coins Alive

Meme tokens survive by social fervor, and PEPE has developed a devoted fan base on sites like X. Meme posts and community-led memes have powered previous rallies, prompting new investors to jump aboard. According to reports, continued buzz might be sufficient to initiate another run at least in the near term.

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Risks And Rewards In Focus

Even if history does rhyme, it doesn’t often repeat itself. Previous runs had PEPE tank just as severely, losing as much as 95% of profits in one session. Gambling on a 20X spike involves taking wild swings and sudden plunges. Anyone considering coming in at $0.0000102 should have in mind exit points and only risk capital that can be safely lost.

Featured image from Meta, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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