PEPE Marks Bottom After Scary Market Crash, Enters Wave 3 With Over 500% Promise
One cryptocurrency analyst says it has hit bottom pepper (pepper)the third largest meme coin by market cap. According to analysts, Pepe is trading at its lowest price point this cycle after experiencing terrible market crash That wiped out most of the gains in 2025. According to the Elliott Wave Theory, Pepe’s price action suggests it is entering a third wave, with analysts predicting this will be a bullish turn with 594% commitment.
Pepe price hits bottom after plunge
On January 13, a cryptocurrency analyst named “Slick” Announce Pepe’s market bottom has officially arrived, marking a potential turning point in the downtrend. The analyst shared a detailed chart on X (formerly Twitter) analyzing Pepe’s price action while focusing on wave patterns and Exponential Moving Average (EMA).
Related reading
The chart divides Pepe’s price action into three waves: 1, 2, and 3. The first wave marked an initial increase in the price of Pepe, during which two local tops were achieved. The next stage, the second wave, highlights two local tops and a correction period Retracement below the 200-day moving average.
based on Pepe Price TrendSlick predicts that meme coins will soon enter the 3rd wave. He predicted the wave could trigger a sharp rise. Additionally, analysts identified the 200-day moving average as key support, with each Pepe price corrects this supportwhich has been labeled the “fear phase,” underscoring broader market uncertainty.
The two tops identified in waves one and two are peaks that mark temporary resistance points before price corrections. The first bar 1 marks the end of a short-lived price increase, while the first 2 bars show a rise to minor resistance.
Interestingly, analysts admit His prediction of Pepe’s bottom is 70% certain. This prediction is also in line with Pepe’s recent predictions Prices plunge to new lows. Pepe has experienced a horrific decline, losing more than 26.45% of its value in the past month, according to CoinMarketCap.
Cryptocurrencies are still Clearly bearish trendIt has fallen by 16.20% in the past 7 days. Pepe is currently experiencing similar volatility and bearish conditions to most meme coins in the market. Popular currencies such as Dogecoin and Shiba Inu have fallen by 12.5% and 11.2% respectively over the past week.
Analysts predict Pepe price jump of 594%
While commenting Pepe’s pessimistic performance and a potential market bottom, Slick also offers a glimmer of hope, It is expected that a rebound may occur soon. Analysts set price and market cap targets for Pepe, confidently predicting the frog-themed meme coin could rise to $50 billion Market valuefollowed by a sharp surge in value.
Related reading
The dotted lines in the price chart represent speculative future price movements leading up to Wave 3. Unlike Waves 1 and 2, which recorded two tops, Wave 3 experienced only a local top before falling to the 200-day moving average.
Slick believes Pepe will likely experience similar price action to past waves, hitting two local tops before the price corrects significantly. Analysts expect the top 2 in Pepe’s Wave 3 to drive its price as much as 594% to New bullish target The current market price is $0.000017 and the price is $0.000118.
Featured image created using Dall.E, chart from Tradingview.com
