PEPE Price Analysis

The price of PEPE coin experienced an uptick over the weekend, driven by positive hints from the SEC Chair regarding the potential approval of spot Ethereum ETF S-1s by the end of summer.

PEPE 價格分析 PEPE 代幣的價格在周末出現上漲，受到 SEC 主席關於夏末現貨以太坊 ETF S-1 可能獲得批准的積極暗示的推動。

On Monday, the price hovered around $0.0000118 during European trading hours, marking a 1.4% increase over the previous 24 hours. This renewed bullish momentum could propel PEPE towards its previous all-time high.

週一歐洲交易時段，價格徘徊在 0.0000118 美元附近，較前 24 小時上漲 1.4%。這種新的看漲勢頭可能會推動 PEPE 升至先前的歷史高點。

Potential 63% Breakout

On May 21, PEPE broke out of an ascending triangle and established a new all-time high. However, profit-taking by investors led to a retracement to $0.00001057.

潛在63%突破5月21日，PEPE突破上升三角形，創下歷史新高。然而，投資者的獲利了結導致價格回撤至 0.00001057 美元。

After a month of downward movement, PEPE found support at a critical resistance level. Such support levels often provide strong support for price stability.

經過一個月的下行走勢後，PEPE 在關鍵阻力位找到支撐。這樣的支撐位通常為價格穩定提供強而有力的支撐。

Bullish Market Structure

PEPE's price is currently within a falling wedge, a bullish market structure. This, combined with the alignment with the 0.786 Fibonacci retracement level, suggests a potential rebound.

看漲的市場結構PEPE 的價格目前處於下降楔形內，這是一個看漲的市場結構。再加上與 0.786 斐波那契回檔位的對齊，表示潛在的反彈。

A breakout above the wedge could trigger a surge towards the previous all-time high. Based on the 0.27 Fibonacci extension level, PEPE could potentially rise 63% to around $0.00001948.

突破楔形可能會引發價格飆升至先前的歷史高點。基於 0.27 斐波那契擴展水平，PEPE 可能上漲 63% 至 0.00001948 美元左右。

Future Outlook

Historically, PEPE's price has tracked Ethereum, and this trend has continued recently. The positive news regarding Ethereum ETF approval has contributed to the bullish sentiment for both Ethereum and PEPE.

未來展望從歷史上看，PEPE的價格一直在追隨以太坊，而這種趨勢最近仍在延續。有關以太坊 ETF 核准的正面消息推動了以太坊和 PEPE 的看漲情緒。