Can PEPE Go Up by 10X? Looking at Its Recent Effort to Recover

Meme coin PEPE has been trading in a relatively quiet range over the past few weeks. Amid market-wide volatility, the token has faced consistent sell pressure—but one technical analyst now suggests this silence could precede a major move.

According to a recent chart breakdown, PEPE could be preparing for a breakout that could deliver up to 796% gains before the end of 2025.

Read More: What is Pepe Coin?

Key Takeaways

• PEPE is forming a bullish higher-low pattern, echoing its pre-rally structure from late 2024.
• Technical targets based on Fibonacci extensions show potential gains between 480% and 796%.
• PEPE is currently trading around $0.00000708, far below its previous all-time high of $0.00002803.

Chart Structure Signals Reversal

Source: Newsbtc

Crypto analyst MasterAnanda has pointed out a repeating chart pattern in PEPE’s daily timeframe, which mirrors its structure before the December 2024 rally. Back then, PEPE traded in a descending channel for months before breaking out and surging to its all-time high.

As of April 2025, PEPE appears to be forming another descending channel, but this time with a new higher low, suggesting renewed buying interest. According to the analysis, this could act as a springboard for a potential parabolic rally, especially as the price approaches a breakout zone.

While short-term volatility may continue, this higher-low formation is often considered a classic sign of accumulation—a strong base before a larger uptrend.

Read More: Is PEPE Still Worth It in 2025?

Fibonacci Extensions Show Massive Upside Potential

The analysis also draws attention to Fibonacci extension levels, often used to project price targets in technical analysis. The key levels are:

• 1.618 Fib Extension – Targeting a 480% gain to around $0.00004264.
• 2.618 Fib Extension – Suggesting a more aggressive 796% rally, putting PEPE around $0.00006374.

If realized, either of these targets would not only reclaim the previous all-time high but also set a new record for the meme coin.

Can PEPE Actually Go 10X?

Given the current price of $0.00000708, a 10X move would push PEPE close to $0.0000708, which aligns closely with the extended Fib levels. While these projections are speculative, they’re based on a pattern that has played out before—and sentiment around meme coins tends to amplify quickly during bull cycles.

However, much depends on broader market conditions. A true breakout would likely need renewed retail and institutional momentum across the crypto space.

Final Thoughts

PEPE is showing early signs of recovery, and if history repeats, the token could be heading toward a significant rally. While a 10X move may seem ambitious, the technical setup and Fibonacci structure make it a possibility worth watching—especially for long-term spot holders.

Still, leveraged traders should be cautious. Volatility may increase in the lead-up to any breakout, making risk management essential.

FAQs

What is PEPE’s all-time high?

PEPE’s previous all-time high was $0.00002803, reached in December 2024.

Is PEPE forming a bullish pattern?

Yes. Analysts point to a higher-low structure that mirrors the setup before its last rally.

Can PEPE hit a 10X gain in 2025?

Technically, it’s possible. Fibonacci targets suggest PEPE could surge up to 796%, which would place it close to a 10X move from current levels.