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Analyst Says Watch This Level To Trigger 400% Move Toward $0.0001

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Meme coin PEPE has been hovering near a crucial support level over the past few weeks, following a sustained decline that began at the start of the year. Interestingly, a crypto analyst on TradingView has highlighted this price support as a make-or-break level for PEPE, suggesting that a breakout above this zone could spark a 400% rally toward $0.0001. This outlook comes after a particularly challenging week for the entire crypto market, during which PEPE extended its losses and dropped to its lowest price point in months.

This Level To Trigger 400% Move For PEPE

Technical analysis shows that PEPE’s upward trajectory hinges on a bounce at support around $0.00000650. This interesting analysis was highlighted by a crypto analyst on the TradingView platform using the PEPE weekly candlestick timeframe chart. 

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This support level comes into play in light of PEPE’s extended decline since the beginning of the year. Interestingly, technical analysis shows that the decline looks like a repeating pattern of the meme coin’s price action in 2024. The ongoing correction stems from PEPE’s peak price of $0.00002803 in December 2024, which the analyst termed the third drive. Notably, earlier first and second drives in 2024 were also each accompanied by a correction phase after rallies.

PEPE
Uptrend hinges on key level | Source: PEPE on Tradingview

Interestingly, the meme coin has shown signs of life in the past 24 hours with a push above this support level and climbing into the $0.000007 range. However, the uptrend could not be defined yet, and the crypto analyst noted that any uptrend will depend on how PEPE reacts with a crucial resistance zone between $0.00001150 and $0.00001200. 

This level has previously acted as support but has now turned into resistance. Therefore, a weekly close above this zone would confirm a bullish breakout and a potential trend reversal from bearish to bullish.

Price Targets If The Meme Coin Breaks Above Resistance

A break above $0.00001200 would cement a breakout with more momentum for PEPE. Such a breakout would mark the first bullish catalyst in a while, confirm momentum, and lead to increased buy-side pressure with an aggressive upward move. From here, the next resistance levels are projected to be around $0.00001700 to $0.00002200. A move to $0.00002200 will most likely cascade into more momentum above its current all-time high of $0.00002803. 

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The analyst further predicted a price target of $0.0001, provided the bullish momentum sustains itself. However, failure to close above the key resistance level at $0.00001200 could result in a continued downtrend, with PEPE possibly retesting lower support zones around $0.00000650 to $0.00000550.

At the time of writing, PEPE is trading at $0.000007239, up by 4.4% in the past 24 hours. PEPE’s ability to sustain such an upward trajectory would depend on broader market conditions for Bitcoin and other large market cap cryptocurrencies.

PEPE
PEPE trading at $0.000007 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com



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Ethereum Price Hit Hard—10% Drop Sparks Selloff Fears

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Ethereum price failed to recover above $1,620 and dropped below $1,500. ETH is now consolidating losses and might face resistance near the $1,520 zone.

  • Ethereum failed to stay above the $1,600 and $1,550 levels.
  • The price is trading below $1,550 and the 100-hourly Simple Moving Average.
  • There is a connecting bearish trend line forming with resistance at $1,520 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair remains at risk of more losses if it fails to clear the $1,410 resistance zone.

Ethereum Price Recovery Fades

Ethereum price failed to stay above the $1,620 support zone and extended losses, like Bitcoin. ETH declined heavily below the $1,550 and $1,520 levels.

The bears even pushed the price below the $1,450 level. A low was formed at $1,384 and the price recently corrected some losses. There was a move above the $1,410 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $1,617 swing high to the $1,384 low.

However, the bears are active near the $1,450 zone. Ethereum price is now trading below $1,500 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $1,475 level.

The next key resistance is near the $1,500 level or the 50% Fib retracement level of the downward move from the $1,617 swing high to the $1,384 low. The first major resistance is near the $1,520 level. There is also a connecting bearish trend line forming with resistance at $1,520 on the hourly chart of ETH/USD.

Ethereum Price
Source: ETHUSD on TradingView.com

A clear move above the $1,520 resistance might send the price toward the $1,560 resistance. An upside break above the $1,560 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $1,620 resistance zone or even $1,650 in the near term.

Another Decline In ETH?

If Ethereum fails to clear the $1,520 resistance, it could start another decline. Initial support on the downside is near the $1,410 level. The first major support sits near the $1,385 zone.

A clear move below the $1,385 support might push the price toward the $1,320 support. Any more losses might send the price toward the $1,240 support level in the near term. The next key support sits at $1,120.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSIThe RSI for ETH/USD is now below the 50 zone.

Major Support Level – $1,410

Major Resistance Level – $1,520



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RFC, FARTCOIN, MOG Lead Gains

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The crypto market is facing massive volatility today, and amid this noise, some meme coins are able to pick up pace on recovery. One such coin is said to have ties with Tesla founder and US Department of Government Efficiency (DOGE) head Elon Musk.

BeInCrypto has analyzed two other meme coins for investors to watch and note which direction they are taking.

Retard Finder Coin (RFC)

  • Launch Date – March 2025
  • Total Circulating Supply – 961.43 Million RFC
  • Maximum Supply – 1 Billion RFC
  • Fully Diluted Valuation (FDV) – $39.83 Million

RFC price surged by 141% over the past 24 hours, continuing its uptrend this week. The meme coin gained attention after Elon Musk’s interactions with its official X (formerly Twitter) page. This triggered a speculative surge in interest, helping RFC capitalize on the increased attention and rising market sentiment.

Musk’s indirect association with Retard Finder Coin has sparked speculation, although no direct evidence confirms his involvement. Despite this uncertainty, RFC’s price has risen to $0.040. If the speculation continues, the altcoin could see further gains, potentially reaching the $0.050 resistance level in the short term.

RFC Price Analysis.
RFC Price Analysis. Source: TradingView

Despite its recent rise, RFC remains a meme coin with inherent volatility. The altcoin faces the risk of rapid selling by investors, which could lead to a quick price pullback. If this occurs, RFC might fall to $0.030 or even $0.020, making it crucial for investors to approach with caution.

Fartcoin (FARTCOIN)

  • Launch Date – October 2024
  • Total Circulating Supply – 999.99 Million FARTCOIN
  • Maximum Supply – 1 Billion FARTCOIN
  • Fully Diluted Valuation (FDV) – $588.26 Million

FARTCOIN saw a 32% rise in the last 24 hours, trading at $0.591. The meme coin is now nearing the resistance level of $0.600. If this momentum continues, FARTCOIN could break through this barrier and continue its upward movement, heading toward new highs in the coming sessions.

In the past, the $0.600 resistance has halted FARTCOIN’s rally, preventing further price gains. However, if the current bullish trend persists, FARTCOIN could overcome this barrier and rise toward $0.693. This level marks the next target for the altcoin, supported by positive market sentiment and strong investor interest.

FARTCOIN Price Analysis.
FARTCOIN Price Analysis. Source: TradingView

If the resistance level proves too strong, FARTCOIN may experience a pullback. A failure to breach $0.600 could lead to a decline back to $0.417 or even lower, erasing recent gains. This scenario would invalidate the bullish outlook and extend the downtrend if selling pressure intensifies.

Mog Coin (MOG)

  • Launch Date – July 2023
  • Total Circulating Supply – 390.5 Trillion MOG
  • Maximum Supply – 420 Trillion MOG
  • Fully Diluted Valuation (FDV) – $135.64 Million

MOG price surged by 25% in the last 24 hours, providing relief after a steep 50% decline during March’s end. This recovery signals the potential for further growth as the meme coin attempts to regain momentum and distance itself from recent losses. The recent rise could lead to more positive movements.

At the time of writing, MOG is trading at $0.000000346, just below the key resistance level of $0.000000370. If it breaches this level, MOG could gain enough momentum to push toward $0.000000433. This breakthrough would mark a significant recovery and extend its upward trend further in the coming days.

MOG Price Analysis.
MOG Price Analysis. Source: TradingView

However, if MOG fails to breach $0.000000370, the altcoin may experience a decline. The next major support lies at $0.000000273, and if this level is tested, it could wipe out recent gains. In such a scenario, the bullish outlook would be invalidated, signaling a continued struggle for the meme coin.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Bitcoin Price Takes Another Tumble—Is The Floor About to Crack?

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Bitcoin price started a fresh decline below the $78,000 zone. BTC is now consolidating losses and might face resistance near the $77,800 zone.

  • Bitcoin started a fresh decline below the $78,000 zone.
  • The price is trading below $78,500 and the 100 hourly Simple moving average.
  • There is a connecting bearish trend line forming with resistance at $79,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start another increase if it clears the $78,500 zone.

Bitcoin Price Dips Again

Bitcoin price started a fresh decline below the $80,000 and $79,500 levels. BTC traded below the $78,500 and $77,000 levels to enter a bearish zone.

The price even dived below the $75,000 support zone. A low was formed at $74,475 and the price started a recovery wave. There was a move above the $75,500 level. The price climbed above the 23.6% Fib retracement level of the recent decline from the $80,800 swing high to the $74,475 low.

Bitcoin price is now trading below $78,200 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $77,800 level or the 50% Fib retracement level of the recent decline from the $80,800 swing high to the $74,475 low.

The first key resistance is near the $78,500 level. The next key resistance could be $79,500. There is also a connecting bearish trend line forming with resistance at $79,500 on the hourly chart of the BTC/USD pair.

Bitcoin Price
Source: BTCUSD on TradingView.com

A close above the $79,500 resistance might send the price further higher. In the stated case, the price could rise and test the $81,500 resistance level. Any more gains might send the price toward the $82,000 level.

Another Decline In BTC?

If Bitcoin fails to rise above the $78,500 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $75,750 level. The first major support is near the $74,750 level.

The next support is now near the $73,500 zone. Any more losses might send the price toward the $72,000 support in the near term. The main support sits at $70,000.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $75,750, followed by $74,750.

Major Resistance Levels – $78,500 and $79,500.



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