• PEPE is up 72% this week, trading at $0.00001431 with strong bullish momentum and rising market cap.
• RSI at 74.66 shows overbought levels, but signals strong upward momentum typical in major rallies.
• MACD crossover and ADX at 71.88 confirm powerful trend strength and sustained buying pressure.
• Despite high volatility, bulls remain in control with key resistance levels now acting as support.

PEPE is on the bullish price trajectory and experiencing huge surge in its value. PEPE trading at $0.00001431 with a $6.02B market cap and 72% weekly gains shows strong bullish momentum. Currently, volatility is high, but price is 10% up in the last 24h hours, hinting at further upward movements.

PEPE is showing remarkable strength with a powerful uptrend continuation, breaking above key resistance levels with conviction. The asset is displaying strong momentum indicators and healthy volume, suggesting sustained buyer interest.

PEPE Eyes More Gains as MACD and ADX Align

On the 4-hour chart, the Relative Strength Index (RSI) currently sits at 74.66, placing it in overbought territory. While this suggests that PEPE may be due for a short-term correction or consolidation, it also reflects strong upward momentum that has pushed the asset above previous resistance levels. Sustained overbought conditions are not uncommon during powerful uptrends, especially in volatile crypto markets.

The Moving Average Convergence Divergence (MACD) indicator confirms the bullish sentiment, with the MACD line crossing above the signal line and both trending sharply upward. This crossover often signals the start of a positive price movement, especially when it occurs from a low or neutral range. The increasing spread between the MACD and the signal line strengthens the case for continued bullish movement.

Even more telling is the Average Directional Index (ADX), which is currently at 71.88. An ADX value above 25 typically suggests a strong trend, and values above 50 indicate an extremely strong one. At its current level, the ADX confirms that PEPE’s recent price surge is backed by substantial trend strength, reducing the likelihood that the rally is a short-term anomaly.

The overall technical setup for PEPE points to continued upside potential in the near term. While the overbought RSI signals caution, the combination of MACD momentum and high ADX readings supports the view that the trend is gaining strength.

As meme coins gain renewed attention and speculative interest returns, PEPE could remain a high-volatility asset to watch. Short-term consolidation is possible, but the larger trend suggests that bulls are currently in control.

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