One of the most popular meme coins appears to be gearing up for a major bull rally.
Pepe ($PEPE), which is up by double-digits over the past week, is forming an inverse head-and-shoulder pattern, which experts believe could offer a 2x opportunity.
Pepe price predictions from prominent analysts reveal that an excellent buying opportunity could be imminent for sidelined investors.
Here’s What The Inverse Head And Shoulders Pattern Mean For Pepe?
Prominent analyst Ali Martinez reveals that the Pepe coin is forming a bullish inverse head-and-shoulder pattern in its hourly timeframe.
For the uninitiated, this bullish pattern consists of three troughs: a lower low (head) between two higher lows (shoulders), with a resistance neckline connecting the peaks between them. A breakout above the neckline confirms the pattern, often indicating a strong upward move as buyers regain control.
$PEPE is shaping up an inverse head-and-shoulders, hinting at a breakout to $0.0000105! pic.twitter.com/h1gWhgJVl6
— Ali (@ali_charts) March 17, 2025For the uninitiated, this bullish pattern consists of three troughs: a lower low (head) between two higher lows (shoulders), with a resistance neckline connecting the peaks between them. A breakout above the neckline confirms the pattern, often indicating a strong upward move as buyers regain control.
For $PEPE, the neckline currently stands at $0.0000073. Martinez anticipates that a breakout above this key level could propel the price to $0.000015 in the coming weeks, presenting a clear 2x opportunity for spot buyers.
Pepe price predictions from other analysts have also highlighted the importance of flipping the $0.0000073 S/R level, which has acted as a resistance for Pepe since the February end.
Crucially, the recent crypto market crash has reset the Pepe Relative Strength Index (RSI-14) to the oversold level in the daily timeframe. In fact, the meme coin is forming a bullish divergence-like structure on its daily chart.
This signals that $PEPE will have ample room for aggressive expansion if it secures a breakout from the aforementioned neckline.
In fact, smart money investors are highly impressed with the overall Pepe price chart. Even prominent Solana bulls like Cozy The Caller believe that new Pepe buyers could still end up securing 10x returns by the end of this bull run.
I never shill anything besides solana but manPEPE looks insane here Think easy 10x minimum from here until bull market is over
— Cozy ⓣhe Caller 🔥💃🏻 (@cozypront) March 13, 2025
All the meme coin now needs is a show of strength from Ethereum, considering investors view $PEPE as a beta bet on ETH. The rapidly surging global liquidity should also help.
To summarize, Pepe is back in the experts’ lists of the best cryptos to buy and is a must-buy for sidelined investors positioning themselves for the Q2 bull rally.
These Meme Coins Also Have Bullish Charts
Besides Pepe, Fartcoin is another popular meme coin with a bullish chart. It has formed a bullish divergence in the daily timeframe.
It is also advisable to include some high-performing Solana meme coins in the portfolio, considering SOL’s recent bullish strength. For instance, the Gigachad price is up by over 40% over the past week and could push towards its previous all-time high.
Smart money investors have also included unique low-cap cryptos in their portfolios. For instance, BTC Bull (BTCBULL) has raised nearly $4 million in its ICO in short order, thanks to strong whale interest.
For the uninitiated, BTCBULL is a unique Bitcoin-themed meme coin, designed for those who believe that BTC is undervalued at its current price and will hit $250,000 in the future.
The project has promised free Bitcoin, BTCBULL airdrops and token burn events whenever the Bitcoin price hits certain set milestones.
Considering its unique value proposition, analysts are bullish on BTC Bull’s upside potential, with many calling it the next 100x crypto.
Similarly, one of the prominent Ethereum-based AI agents, Mind of Pepe (MIND), has already raised over $7 million in its presale, signalling strong confidence in the project.
The cutting-edge AI agent is designed to offer alpha market analysis, which includes whale buying patterns, sentiment analysis, technical analysis and everything that MIND holders need to make it big in the upcoming bull run.
Considering the strong performance of its Solana-based counterparts, it is no surprise that experts believe MIND to be undervalued in its ICO. Several early buyers are eyeing up to 10x returns from it.
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