Pepe Price Rebounds as Market Strengthens: Can a 50% Rally Follow?

Pepe coin price gained more than 14% today as the broader crypto market staged a strong recovery, improving liquidity across major altcoins. This rebound emerged after a key demand zone once again halted last week’s decline, restoring confidence among buyers and setting the stage for a potential continuation of upward momentum.

On the 4-hour chart, Pepe shows a decisive bounce from a long-established support region that has triggered several recoveries in recent cycles. At the time of writing, PEPE trades around $0.00000460, holding firmly above the critical $0.00000451 level as buyers continue to absorb supply. The pair recently formed a clean double-bottom pattern, a bullish technical structure that often precedes extended upward trends when demand remains strong.

The next key reaction point lies near $0.00000479, which now serves as a checkpoint for bulls. A breakout above this level could open additional room for price expansion and increase the probability of a sustained rally. Many analysts suggest that the refreshed chart structure supports discussions around a potential 50% move if momentum continues to build.

Indicators also support the improving outlook. The RSI has climbed back to 40, rising steadily from oversold territory, signaling strengthening demand after last week’s decline. Meanwhile, narrowing Bollinger Bands reflect a period of consolidation often seen before stronger directional moves. With price positioned near the mid-band, conditions appear favorable for continued recovery.

A broader market surge further amplified Pepe’s rebound. Bitcoin jumped over 8%, Ethereum more than 10%, Solana 13%, and XRP nearly 9%, enhancing sentiment across risk assets. Open interest in Pepe futures rose 14% to $236 million, highlighting increased trader participation and deeper market engagement—both factors that often support price stability and stronger reactions at key levels.

With technical strength returning, market conditions improving, and participation rising, Pepe coin maintains a realistic pathway toward an extended rally, potentially reaching the widely discussed 50% upside target.