PEPE Price Rises on Golden Cross as Trade Hopes Steady Crypto Market

PEPE

PEPE$0.0₅9716, the popular frog-themed memecoin, is charging higher as signs of easing global tensions stir a wave of cautious optimism across crypto markets.

The token climbed 3.7% in the last 24 hours, rising to $0.00000967.

The rally comes as U.S. President Donald Trump said he isn’t considering extending the looming July 9 deadline for his reciprocal tariffs to go into effect. U.S. and Indian officials hinted at a new trade agreement, while tensions between Iran and Israel have cooled, allowing investors to pivot back toward economic fundamentals.

PEPE’s price points to a series of higher lows, at $0.00000920, $0.00000927, and $0.00000948, that suggest steady upward pressure, according to CoinDesk Research’s technical analysis data model.

Resistance looms at around $0.00000963, a level PEPE briefly pierced earlier in the session. Trading volume spiked during the breakout, a signal that buyers are serious about pushing higher.

PEPE has also formed a golden cross pattern, where its 50-day moving average crossed above the 200-day average. The pattern is often associated with potential for major rallies, though it is a lagging indicator.

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