After going on a near 80% rally at the start of the year, everyone’s favorite frog-inspired cryptocurrency appears ready to have another go at an upward trend.
$PEPE is currently trading at $0.00000656 per coin, boasting a 65% increase since December 31st. While the currency’s new-year momentum appears to have faded, chart signals could point to it being a period of consolidation before another run, rather than buyer exhaustion.
PEPE’s recent consolidation period resembles a “flag” pattern, a common price action pattern that generally precedes a continuation of an upward trend. This idea is corroborated by technical indicators like the MACD, which is already pointing to a potential exhaustion in selling pressure.
Another upward trend would position $PEPE back to an early-October level of $0.00000772, which would be the first step before buyers begin eyeing higher resistance zones. Market watchers suggest that reclaiming this threshold could reestablish momentum and attract speculative inflows, especially from retail traders who view meme tokens as high‑beta plays during broader crypto rallies.
If volume holds, the next logical target sits near $0.00000900, a level that capped advances in late September. Breaking through would signal renewed strength and potentially open the door to testing the $0.00001000 psychological barrier.
Memecoin took center stage early in 2026, with currencies like Pepe going on outstanding runs and cutting back some of the losses seen in Q4 2025. Meanwhile, up-and-coming projects promise to continue bringing attention to the sector, offering investors the possibility of higher returns in the lower-cap memecoin game.
