Will PEPE price rise 796% to a new all-time high by 2025?

PEPE’s price movements have been relatively quiet over the past few weeks. The meme coin has quietly experienced a constant wave of sell-offs amid the volatile broader cryptocurrency market However, an interesting technical analysis shows that PEPEUSDT’s chart structure is pointing to a strong upward move, a move that could cause the token to skyrocket by as much as 796% before the end of 2025. As the broader cryptocurrency market continues to move sideways, crypto analyst MasterAnanda has identified a higher short-term low forming around support levels, which could serve as a launching pad for a major breakout of PEPE prices. Short-term higher lows to strong consolidation zones PEPE’s bullish outlook is based on a repeat of a similar price pattern that took place in 2024 before reaching a new high and eventually the current all-time high of $0.00002803. According to the price chart shared by the analyst on the TradingView platform, PEPE was initially traded in a descending channel from May to September 2024 before finally exiting the channel. After exiting the channel, PEPE went on a short uptrend and another dip resulted in the creation of lower lows, before eventually the prolonged rally peaked in December 2024. Notably, it seems that the same structure again appears on the PEPE price chart, namely on the daily candlestick timeframe. In the analysis, MasterAnanda marks April as the period when PEPE bottomed out in a descending channel. Since then, two separate highs and two clear lows have shaped what appears to be a reversal structure Most notably, a new, higher low is starting to form a pattern that, following previous price action, could herald a rally. The analyst sees this as an important stage, especially for spot traders who are positioning for long-term growth. While there may be weakness in the short term, which could lead to an eventual shake-up or another price drop, the analyst noted that this should not worry spot investors. It can provide one last chance to accumulate before momentum rises to new highs of the cycle. On the other hand, leveraged traders are advised to proceed with caution and risk management, as there is potential for volatility during the build-up to breakout. Fibonacci levels indicate a bullish target between 480% and 796% The chart highlights significant continuity around Fibonacci expansion levels, with the 1.618 Fib level indicating a 480% likely move and the more ambitious 2.618 expansion pointing to a 796% increase. Interestingly, MasterAnanda notes that the numbers are huge. While these targets are only forecasts, they are in line with the previous rally in late 2024. If this prediction structure holds, the next rally could push PEPE above the 1.618 Fib level at $0.0004264, surpassing any previous highs and setting a new record high in 2025.