Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
PEPE Price Targets $0.00002232 if $0.00001670 Resistance Breaks Soon

PEPE Price Targets $0.00002232 if $0.00001670 Resistance Breaks Soon

CryptonewslandCryptonewsland2025/08/19 05:45
By:by Yusuf Islam
  • PEPE trades inside a triangle with $0.00001670 as the key level to unlock higher targets.
  • Fibonacci extensions show $0.00002232 and $0.00002600 as structured targets if resistance finally breaks.
  • Support rests near $0.00000900 and a breakdown here would delay any move toward higher Fibonacci zones.

PEPE price is consolidating inside a symmetrical triangle, trading near $0.00001100 after gaining 1.76% during the latest session. Analysts observe that this formation is reaching its apex, which often signals a decisive breakout or breakdown.

By- @pepeethwhale

It's simple guys.

Rotate your $ETH into $PEPE .

You will not regret it. #pepe #Ethereum #Crypto #Bitocoin #CryptoCommunity pic.twitter.com/i72DIDvktz

— Crypto Pulse | Marketing & PR (@NFTsForArt) August 17, 2025

Triangle Formation and Key Levels

The daily chart highlights how PEPE has been locked in a triangular pattern after the volatile moves earlier in 2025. This structure represents market indecision, with both buyers and sellers waiting for confirmation before positioning.

Immediate resistance rests near $0.00001670, which corresponds with the upper boundary of the consolidation zone. Traders argue that a breakout above this level could validate bullish continuation toward higher resistance levels mapped on the chart.

On the downside, critical support is seen near $0.00000900. This area has acted as the protective floor throughout the pattern. A loss of this level could signal renewed weakness and extend the retracement sequence.

The triangle’s narrowing range suggests that pressure is building. Once the pattern resolves, price volatility is expected to expand significantly. This makes the next sessions crucial in determining the short-term trajectory of PEPE.

Fibonacci Extensions and Price Targets

Fibonacci levels provide important roadmaps for potential upside scenarios. The first target after $0.00001670 lies at $0.00002232, where price has previously faced rejection. This level will serve as a key validation point for momentum traders.

Beyond that, higher targets emerge at $0.00002600 and $0.00003799. These levels align with Fibonacci extensions that often act as reaction zones during trending markets. Sustained momentum could eventually push PEPE toward $0.00006265, the long-term extension shown on the chart.

Volume indicators confirm that activity has decreased during the consolidation. This drop is typical within triangle structures and usually precedes strong directional moves. If volume expands alongside an upward breakout, conviction behind the trend would strengthen considerably.

Failure to reclaim higher resistance would leave the structure vulnerable. In such a case, sellers may target $0.00000900 and attempt to drive price further toward lower retracement points.

Can PEPE Break the $0.00001670 Barrier for Higher Targets?

The pivotal question is whether PEPE can overcome the $0.00001670 barrier to initiate a sustained rally toward Fibonacci extensions. This level has capped advances multiple times, making it a decisive test for bullish continuation.

Traders highlight that PEPE has consistently responded at Fibonacci-defined zones. These markers frame expectations and provide reference points for market participants navigating the volatility.

If price clears $0.00001670 with volume support, upside potential extends toward $0.00002232 and beyond. Reaching $0.00002600 would further validate the breakout and shift sentiment back toward accumulation.

However, rejection at $0.00001670 would prolong the sideways structure. In that case, the market may continue oscillating within the triangle until support or resistance gives way. A breakdown below $0.00000900 would confirm weakness and delay prospects for recovery.

For now, PEPE remains confined within a narrowing range. Market direction hinges on whether bulls can confirm a breakout above resistance or whether sellers regain control beneath support.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!