PEPE Rises 3.7% as Global Calm Lifts Crypto, Golden Cross Signals Uptrend
PEPE, the popular frog-inspired meme token, is trending higher, fueled by encouraging technical signals and an easing of geopolitical tensions that have brightened the mood in cryptocurrency markets.
In the past 24 hours, PEPE’s price has advanced by 3.7%, climbing to $0.00000967.
The rally follows remarks from U.S. President Donald Trump, who stated that he does not intend to push back the July 9 deadline for new reciprocal tariffs. Meanwhile, progress toward a potential trade deal between the U.S. and India, combined with reduced friction between Iran and Israel, has allowed investors to shift their attention back to economic drivers.
From a technical standpoint, PEPE has shown steady upward momentum, marking a pattern of higher lows at $0.00000920, $0.00000927, and $0.00000948, according to data from CoinDesk Research’s analysis model.
Earlier in the day, the token briefly pushed above resistance around $0.00000963, accompanied by a significant spike in trading volume—a sign that bullish traders are keen to drive the price higher.
Moreover, PEPE has recently completed a golden cross pattern, where its 50-day moving average crosses over its 200-day moving average. While this formation is often viewed as a bullish signal suggesting further potential gains, analysts caution that it’s a lagging indicator and not a guarantee of future price increases.
