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Following the historic October 10 crash, the PEPE price has been struggling against the bearish pressure. As a result, the meme coin has remained muted in terms of its price movements, with no major r

Following the historic October 10 crash, the PEPE price has been struggling against the bearish pressure. As a result, the meme coin has remained muted in terms of its price movements, with no major recoveries recently. However, it looks like the tides might be finally changing for PEPE due to the rising bullish technicals surrounding the meme coin. Crypto analyst MyCryptoParadise points this out in an analysis that focuses on the catalysts that could trigger the next PEPE rally.

The Bullish Developments Brewing A Rally For PEPE
In the analyst is share don the TradingView post, MyCryptoParadise points to a number of factors that have pushed the PEPE price out of the bearish phase and into a more bullish environment. The first of these, and possibly the most important, is the fact that PEPE formed a Selling Climax (SC).

According to the analyst, this Selling Climax emerged when buying overwhelmed selling, absorbing the pressure from the dumping. The importance of this is that it means that the meme coins have now hit the end of the bearish phase. Following this, it would move right into accumulation, which is bullish for the price.

Next is the fact that PEPE saw a Change of Character with this move. This means that there is now a change from the bearish structure to a bullish one. The analyst points out that this signals that the momentum is now moving in favor of the buyers.

Another interesting formation on the chart is the Automatic Rally trend. This means that bulls are not strengthening after establishing a resistance level. Furthermore, the PEPE price has also formed a Last Point of Support. This simply means that the buyers are back in control of the meme coin once again.


Source: X
Point Of Interest (POI) Formation Says A Rally Is Coming
Another major development is the Point of Interest (POI) on the PEPE chart. It has formed b

Following the historic October 10 crash, the PEPE

$ME is trading with soft bearish pressure at $0.1023 after a -0.68% move. The weakness is not heavy, but the chart still shows that buyers are not fully in control right now. If price keeps losing sup

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Claim1,200 USDT in the Monthly Creation ChallengeVote to help HTX win & share 300 USDT!Post To Earn BonusBitcoin has reclaimed the $75,000 level for the second time since the outbreak of the U.S.-Iran

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Bitcoin has reclaimed the $75,000 level for the second time since the outbreak of the U.S.-Iran conflict, rising 7% in the last 24 hours and adding approximately $98 billion to its market cap in a single day. The broader crypto market gained $135 billion in the same period, while $500 million in short positions were liquidated as leveraged traders were forced to buy back into a rapidly rising market.

What Drove the Move
The primary catalyst was a sudden escalation in U.S.-Iran tensions. On April 13, reports emerged of an order to blockade the Strait of Hormuz, one of the world’s most critical oil transit chokepoints. The news sent shockwaves through financial markets and triggered a wave of forced liquidations across crypto derivatives markets, with short sellers bearing the brunt of the move.

What Analysts Are Watching Next
Veteran technical analyst Gareth Soloway, who has been tracking Bitcoin’s macro structure through the current downturn, sees the current move as consistent with a near-term bullish pattern but urges caution about reading too much into it.

Soloway identifies the $64,000 to $67,000 range as the critical support zone. As long as Bitcoin holds that band, he views the near-term structure as net bullish with a move toward $80,000 still on the table. He said that the $80,000 target is one he has held since February, saying the charts have continued to point there even as the timeline stretched longer than expected.

Bitcoin Price Today Reclaims $75,000 for the Secon

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On April 16, Russian Security Council Secretary Shoigu stated that the situation where Ukrainian drones are 'transiting' through the airspace of Finland and the Baltic States to attack Russia is 'incr

Russian Official: Ukraine's Drones Using NATO Airspace Give Russia Right to Self-Defense

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