Pepe Coin Price Anticipates a 40% Surge Amid Bullish Pennant Formation

Pepe Coin 價格預計在看漲三角旗形成期間飆升 40%

The recent resurgence in the cryptocurrency market has witnessed a notable rise in major coins, including Bitcoin, which reached $67,000. However, the Frog-themed meme coin PEPE has surprisingly remained subdued despite its historical volatility.

最近加密貨幣市場的復甦見證了包括比特幣在內的主要貨幣的顯著上漲，其價格達到了 67,000 美元。然而，以青蛙為主題的模因幣 PEPE 令人驚訝地保持低迷，儘管其歷史波動。

While the daily chart displays alternating green and red candles indicative of market uncertainty, the formation of a bullish pennant instills optimism among bulls.

雖然日線圖顯示交替出現的綠色和紅色蠟燭表明市場不確定性，但看漲三角旗的形成為多頭注入了樂觀。

PEPE Coin's $0.00001 Support

PEPE 幣的 0.00001 美元支持

During the July market recovery, PEPE Coin found support at $0.00000763, boosted by 200D EMA and the channel pattern's lower boundary. This support facilitated a 68% surge within two weeks to a high of $0.000013.

在 7 月市場復甦期間，PEPE 幣在 200 天均線和通道模式下限的推動下找到了 0.00000763 美元的支撐。這項支撐促使股價在兩週內飆升 68%，達到 0.000013 美元的高點。

Notably, the increase in Futures Open Interest for Pepe Coin from $83.6 million to $146.75 million (a 75% jump) indicates increased trader activity and bullish sentiment.

值得注意的是，Pepe Coin 的期貨未平倉合約從 8,360 萬美元增加到 1.4,675 億美元（成長 75%），顯示交易者活動增加和看漲情緒增加。

Bullish Pennant Formation

看漲三角旗形態

After breaking above the channel resistance on July 16th, PEPE Coin has consolidated sideways despite favorable market conditions. This consolidation reflects buyers' indecision but also a potential momentum shift.

在 7 月 16 日突破通道阻力後，儘管市場條件有利，PEPE Coin 仍橫向盤整。這種整合反映了買家的猶豫不決，但也反映了潛在的動力轉變。

The four-hour chart reveals a bullish pennant formation, suggesting a brief pullback before a renewed breakout.

四小時圖表顯示看漲三角旗形態，顯示在重新突破之前會出現短暫回調。

Target and Support

目標與支持

A breakout from the pennant's resistance trendline could trigger a 40% surge towards $0.0000017. Conversely, a breakdown could negate the channel breakout, allowing bears to drive the price back to $0.00000763.

突破三角旗的阻力趨勢線可能會引發 40% 的飆升，漲至 0.0000017 美元。相反，突破可能會否定通道突破，從而使空頭將價格推回 0.00000763 美元。

Technical Indicators

技術指標

• Bollinger Band: The rising upper boundary suggests buyer confidence.
• RSI: The neutral to bullish sentiment is reflected in the Relative Strength Index hovering around 54%.

布林通道：上升的上限表示買家信心。