PEPE on the rise: Is the popular meme coin poised for a comeback with high price gains for 2025?

PEPEis one of the most discussed meme coins in the crypto sector. After a long period of silence and falling prices, PEPE is now starting to rise again. Traders are getting nervous as the charts show the first signs of a possible breakout. Since meme coins are gaining popularity again,PEPE could be on the verge of a major comeback. In this article we look at the current price development, what is behind the hype and whether this frog coin can reach new highs in 2025.

PEPE Price Forecast: Is PEPE Finally Breaking Out of the Downtrend?

PEPE/USD daily chartTradingView

After months in a downward trend, PEPE is finally showing signs of life again. In the daily chart, the price rose over 5.5 percent in the last session and closed at $0.00000846. PEPE is now testing an important resistance area consisting of the 20-day and 50-day simple moving average. The price is scratching the SMA 50 (around $0.00000822) and trying to regain lost ground.

This breakout attempt is significant because it comes after a long sideways phase. A tight price compression at the lower band followed by a bullish Heikin-Ashi candle indicates a possible trend reversal. Historically, meme coins like PEPE tend to pump heavily when periods of accumulation are accompanied by increased social media activity or market optimism - and that's exactly what could be happening here.

What do the indicators say about PEPE dynamics?

The Relative Strength Index (RSI) is currently at 60.53 – well above the neutral 50 mark and continuing to rise. This shows growing bullish momentum, but not yet an overbought situation. So PEPE still has room for improvement. The RSI has also climbed above its moving average - another signal that the trend is reversing.

The bullish divergence from March - when the RSI rose while the price was stagnant - has now turned into a real breakout. Such setups are often precursors to stronger moves, especially when volume and market sentiment improve at the same time.

The moving average band is still predominantly bearish (with 100 and 200 SMA above price), but is showing initial signs of stabilization. The SMA 20 in particular is starting to turn upwards - an early signal of a possible trend reversal.

Can PEPE Recapitulate Its Previous Highs in 2025?

To confirm a real trend reversal, PEPE needs to hold above the SMA 50 and SMA 100. If the PEPE price stays above 0.00000822 in the next few days and also breaks the resistance at 0.00000918, the next target of the SMA 100 would be around 0.00001266 - followed by the December high at around 0.00002500.

Even if a new all-time high is not yet guaranteed, the current setup is strongly reminiscent of the start of the PEPE rally at the end of 2023. If the hype about meme coins were to reignite again - especially in a bullish overall market - a parabolic movement would be entirely possible. Volume will be key here because a rise could trigger FOMO (Fear Of Missing Out).

What is the risk if the outbreak fails?

If PEPE fails at the SMA 50 and fails to gain momentum, the next support lies at 0.00000707 - and then further down at 0.00000600, the area of ​​the last consolidation. If PEPE falls below this, the bullish scenario would be invalidated and a retest of the multi-month low at 0.00000500 would be likely.

But currently the RSI and the development of the short-term SMAs are more in favor of the bulls - at least in the short term.

PEPE price forecast: what happens next?

The PEPE chart shows the first indications of a major outbreak. If momentum continues and volume follows suit, we could be at the start of the next viral PEPE rally. Traders and meme coin fans should now pay particular attention to resistance breaks and RSI development. The next candles could decide whether PEPE becomes the meme coin king of 2025.