NOIDA (CoinChapter.com) — Pepe (PEPE) recently surged, hitting a new all-time high after a series of catalysts sparked investor interest in Pepe crypto price prediction. Factors like Robinhood’s U.S. listing announcement, Coinbase’s expected listing confirmation, and the broader bullish sentiment following Trump’s election win drove PEPE’s rise.
Each event contributed to the meme coin’s sharp upward trajectory, positioning it as a high-visibility asset in the crypto market and fueling fresh interest in Pepe coin price prediction.
Exchange Listings Fuel PEPE’s Rally
Robinhood’s listing of PEPE alongside Solana, Cardano, and XRP marked a strategic expansion, bringing PEPE to a broader U.S. audience and validating its market presence. Robinhood’s VP, Johann Kerbrat, emphasized that adding PEPE reflects customer demand and the company’s goal of lowering barriers to crypto access.
Robinhood’s safety-first approach ensures that each listed asset aligns with its internal policies, a factor that reassures investors about PEPE’s credibility on the platform.
Coinbase’s announcement amplified PEPE’s bullish momentum, adding to the bullish outlook in the Pepe coin price prediction. PEPE’s inclusion suggests Coinbase’s recognition of the token’s community-driven demand and retail appeal.
The listing would allow more traders exposure to the memecoin.
Adding to this rally, the post-election bullish wave, driven partly by renewed hopes for a supportive regulatory environment under Trump, gave PEPE an extra push. Meme coins, often speculative in nature, thrive on such sentiment-driven market cycles.
PEPE’s position as a newly favored asset on major exchanges and a bullish political backdrop likely helped spin a positive outlook on the Pepe crypto price prediction for traders.
Pepe Crypto Price Forms Bullish Setup
Meanwhile, a bullish technical setup, the ‘bull pennant‘ pattern, adds to Pepe coin’s bullish price prediction. The token’s recent rally has helped Pepe crypto coin’s price break out above the pattern’s resistance line.
However, the memecoin is yet to confirm the breakout.
The bull pennant pattern is a classic technical indicator suggesting the potential continuation of an existing upward trend. This pattern emerges when the price of an asset consolidates within a narrowing range after a strong upward move, creating a shape that resembles a small, triangular flag.
The pattern is characterized by two converging trendlines connecting high and low prices during consolidation. During this phase, trading volume usually decreases, signaling market indecision as traders await the next significant move.
For the bull pennant to confirm a bullish continuation, a breakout above the upper trendline is essential, ideally accompanied by a substantial increase in volume. This volume surge indicates robust buying pressure, reinforcing the likelihood of continued upward momentum.
However, if the breakout occurs without a significant increase in volume, the risk of a false breakout rises. In this case, the price may fall back into the pennant’s range, potentially signaling a reversal.
According to technical analysis principles, if the PEPE USD pair successfully breaks out of the bull pennant, it could theoretically target a level nearly 677% higher than its current price, suggesting a potential rise to approximately $0.000174.