PEPE crossed 463K holders, showing rising retail interest and on-chain growth.

Bullish chart pattern and strong indicators hint at a potential breakout above resistance.

Whale activity and rising Open Interest suggest growing confidence in a big rally.

PepeCoin — PEPE, has crossed 463,000 holders, and that number keeps climbing fast. Retail buyers have returned, and they’re not tiptoeing—they’re sprinting. This isn’t just a meme anymore; it’s a movement. As memecoins regain spark across Ethereum, PEPE leads the charge. Prices have started inching upward again. Traders are watching closely, and the charts are hinting at fireworks. Could this be the calm before the breakout? Let’s break down what the data says next.

Bullish Patterns and Trader Confidence Are Lining Up

PEPE trades around $0.00001252, up 1.68% over the past 24 hours. Not a huge move—yet. But something bigger may be underway. The daily chart shows a clean cup-and-handle pattern. This setup often signals continuation, and PEPE’s handle now nears completion. All eyes are on the $0.00001580 resistance. A breakout above that could send prices toward $0.000030 quickly. Technical indicators support the move. The +DI sits at 35.3 while the -DI drops to 12.7. That signals buyer dominance.

The ADX reads 23.0, showing a trend forming but not overheated. This means the move still has fuel. If bulls break the neckline with volume, momentum could explode. Patterns like this don’t form often without reason. Traders feel the tension building. Derivative action also screams confidence. Open Interest jumped 8.20% to $705.27 million. Futures volume surged 60% to $3.67 billion. That’s serious money flowing into speculative bets. Longs dominate, with the funding rate holding at 0.0107%. That means bulls pay extra just to stay in position. This kind of commitment isn’t casual.

On-Chain Growth Suggests More Than Just Hype

Wallet activity exploded this week. New PEPE addresses climbed 39.01%, and active ones jumped 38.43%. Zero-balance wallets spiked by over 42%, showing rapid churn and rising speculation. This signals strong community activity and growing token interest. Whales also joined the party. Large transactions rose 6.63%, hinting at smart money accumulation. This combo—retail fire and whale fuel—often leads to liftoff.

Momentum alone won’t win, though. PEPE must break above $0.00001580 to confirm this setup. Without that, buyers may cool off. Watch for rising volume and new wallet growth. These will tell the real story. If bulls push through resistance, $0.000030 comes into view. Fail to do so, and consolidation may follow.

For now, PEPE seems ready to run. Holders are piling in, and traders feel confident. On-chain growth backs the hype. If resistance breaks soon, this could become a full-blown rally.  Read MoreNews, Altcoin News, Altcoin, Crypto market, cryptocurrency, Pepecoin(PEPE) 

​Cryptonewsland – Your Daily Crypto News