Date: Thu, June 19, 2025 | 12:44 PM GMT
The cryptocurrency market continues to face heightened bearish volatility amid growing geopolitical tensions between Israel and Iran. Ethereum (ETH), one of the market leaders, has dropped by over 7% in the last 7 days, now hovering near $2,530. Unsurprisingly, memecoins like Pepe (PEPE) are also under pressure, with PEPE logging a 14% weekly decline and a nearly 17% drop over the past month.
Source: Coinmarketcap
However, despite the red candles, a closer look at the charts suggests a potential bullish reversal may be brewing — one that mirrors a powerful fractal seen in Coinbase Global Inc. (COIN) stock.
Fractal Suggests Bullish Reversal Ahead
A comparative chart by Max highlights a notable similarity between PEPE’s current structure and COIN’s previous price action. In the COIN chart, the stock formed a clean falling wedge, followed by a bullish breakout that triggered a major upside rally.
PEPE now appears to be following the same blueprint.
Currently, PEPE is consolidating within a clearly defined falling wedge pattern, testing key horizontal support levels that previously acted as launch zones. This structure resembles COIN’s pattern just before its explosive breakout. If the fractal remains valid, PEPE might be in the early stages of a similar upward move.
What’s Next for PEPE?
If history repeats and this fractal plays out, PEPE could be gearing up for a significant rally. A confirmed breakout from the wedge — ideally supported by increased trading volume — could propel the token toward the $0.000018 level, marking a potential 70% move from its current price.
That target aligns with previous resistance and matches the magnitude of COIN’s breakout move, giving bulls something to hope for.
However, as with all fractal-based predictions, caution is warranted. The broader macroeconomic environment — especially with ongoing geopolitical risks — could still weigh heavily on momentum. If the breakout fails or gets rejected, PEPE may re-test lower support zones, delaying any potential recover.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before making any investment decisions.
