Pepe coin price could surge as Reddit Army plots to Pump

Pepe Coin Ready for Another Surge with Reddit Army Backing

Despite a brief pause in its previous rally, Pepe coin (PEPE) has maintained a narrow range in the past two weeks. Cryptocurrency analysts remain optimistic about its potential for another surge, particularly with the support of the Reddit Army, which plans to drive its value upwards.

Reddit Army's Planned Pump

Recent activity on the Pepecryptocurrency channel on Reddit suggests a coordinated effort to purchase Pepe coins on December 3 at noon EST. This movement gains significance due to the channel's sizeable membership of over 18,000 users.

Expert Analysis Indicates Breakout Potential

Independent crypto experts have forecasted a bullish breakout for Pepe coin. Chandler Bing, a well-known crypto analyst, identified the formation of a falling wedge pattern, indicating a potential surge.

Technical Analysis: Bullish Signals Abundant

Technical analysis of Pepe coin reveals an array of bullish signals:

• A cup and handle pattern, with a breakout and retest above the crucial resistance level.
• A bullish pennant chart pattern, suggesting a strong upward breakout.
• An inverse head and shoulders chart pattern, further supporting a bullish outlook.

Bullish Confirmation and Targets

A complete bullish breakout will occur if Pepe coin crosses above its year-to-date high. This could lead to a potential 50% surge, with bulls targeting the key resistance level at $0.000030. A drop below the support level at $0.00001728 would invalidate the bullish projection.