PEPE Soars 24% — Is a Breakout to $0.000010 on the Cards This May?

 PEPE’s 24% rally shows resilience. Despite a dip, the meme coin could break past $0.000010 in May. Is PEPE’s growth momentum here to stay.
At press time, memecoins were doing exactly what they’re known for — rallying hard and cooling off just as quickly. Despite the usual volatility in the market, PEPE price surge has been a standout. The meme coin recently saw a sharp 24% increase, pushing past the $0.0000060 resistance level. However, PEPE is now in a cooling phase, down about 4% on the day.

This dip isn’t surprising, as the frogs are facing a tough resistance zone, one that they haven’t managed to break since February. But could this be a temporary pause before PEPE gears up for more action in May?

PEPE’s Resilience Amid Profit-Taking

A look at the PEPE price today shows a different trend than previous corrections. Typically, when a significant resistance level emerges, investors rush to exit, fearing a pullback. Realized profits spike, and prices usually fall sharply. This time, however, the situation looks different. Despite some profit-taking, PEPE has remained resilient.

The PEPE price surge is supported by investor optimism, as evidenced by rising figures in key metrics. For example, PEPE’s realized profits have not surged in the way they did during previous corrections, signaling that investors are holding their positions, likely driven by the fear of missing out on further gains.

Moreover, PEPE’s supply held by the top 1% of addresses has hit a yearly high of 85.162%, and the number of new addresses at $0.00000884 has surged to a monthly high of 1,387. These factors point to strong demand, even as some sell pressure remains.

PEPE Price Today: Breaking Through Key Resistance Zones

What do we think about PEPE’s growth in the last few weeks? One of the most impressive features of PEPE growth is that it is breaking through resistance levels. While other major memecoins like Dogecoin [DOGE] and Shiba Inu [SHIB] have been stuck, consolidating at key resistance zones for the last few weeks, PEPE has cleared the $0.0000090 level in less than two weeks, even after trying to clear it so many times in the last few months since mid-February.

Chart 1 -PEPE Live Price, published on TradingView, April 27, 2025.

This PEPE price run has been particularly impressive because while its competition in the memecoin space, like DOGE and SHIB, have lagged without any significant momentum, PEPE’s price has surged at a pretty quick rate up to this point. Investors are now keenly focused on PEPE’s next potential obstacle. Will it clear the $0.000010 resistance level? Given the most recent momentum behind PEPE, it is fairly believed that not only could it break the resistance level, but that it is possible to see another milestone on the chart movement of its continuing price growth.

A Golden Opportunity for Bulls

Although the Relative Strength Index (RSI) is heating up, indicating that PEPE may be entering overbought territory, the recent dip appears to be a short-term shakeout, designed to flush out weak hands. For long-term investors, this creates a golden opportunity to scoop up PEPE at a discounted price.

With the strong demand from top addresses and a steady influx of new buyers, the bulls may be ready to take over once again. If this momentum continues, PEPE price growth could push the coin past its current resistance levels, with the $0.000010 mark now in sight.

Looking Ahead: PEPE Could Reclaim Key Supply Zones

As May progresses, all signs point to PEPE potentially reclaiming key supply zones that it has struggled with in the past. If the bulls continue to control the market, PEPE could easily break through the $0.000010 resistance and head toward new highs.

In conclusion, despite the cooling-off period, the overall outlook for PEPE remains positive. With strong metrics backing its recent PEPE price surge and a growing investor base, PEPE may be ready for another leg up in the coming weeks.

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