Highlights:
- PEPE is currently making a second attempt at $0.00000719 resistance
- Rally through this resistance could see PEPE rally to $0.00001023
- Rally could be driven by a risk-on pivot in the financial markets
PEPE (PEPE) is one of the top performers among the top 100 cryptocurrencies in the last 24 hours. In this period, PEPE has gained by 13% to trade at $0.0000056659. At the same time, trading volumes are surging intraday. In the last 24 hours, PEPE trading volumes have shot up by 133.49% to stand at $1.07 billion.
The surge in volumes alongside the price is an indicator that bulls are firmly in control and that PEPE could be headed much higher in the short to medium term. There are several factors that support a continuation of the price action that PEPE is experiencing at the moment.
Broader Cryptocurrency Market Price Action Pushing PEPE Price Higher
One of them is the fact that the broader cryptocurrency market is turning bullish. In the last 24 hours, Bitcoin has rallied to $95k and continues pushing higher. This is uplifting altcoins as well, and PEPE is among those doing well. If Bitcoin continues pushing higher, the odds are high that all altcoins will continue to go higher.
Alright, $PEPE 4hr chart. After a solid correction, the bulls are showing up! We're seeing a clear bullish MA cross and MACD flip, backed by increasing volume on this bounce.
Currently testing the crucial 0.000007 level. A sustained break and hold above here could target 0.00… pic.twitter.com/hE2aGs6Xiv
— Ai4Alpha (@Ai4Alpha) January 14, 2026
Meme coins in particular are likely to do well once the market gets the impression that the bull run is back. That’s because they have historically outperformed the broader market in all-out bull markets. As such, now that PEPE and other top meme coins are already undervalued, a rally to new all-time highs could follow in the foreseeable future.
PEPE Stands Out In a Crowded Meme Coin Market
PEPE also has the advantage of its standing in the meme coin market. Over the last few years, the meme coin market has become flooded. This is all thanks to easy meme coin launch platforms such as Pump.Fun.
Not only has the market become saturated, but a significant number of meme coins entering the market are scams. This has led to two outcomes. First, investors have increasingly shied away from meme coins due to many rugpulls. Second, capital is increasingly flowing into the large-cap, high-quality meme coins such as PEPE.
$PEPE $𝟲.𝟱𝟴𝗲-𝟬𝟲 🟢🟢🟢 +14.8%
PEPE gains analyst focus alongside SHIB in emerging crypto trend.
Listed among top meme coins to buy with FLOKI, TOSHI, HYPER, TURBO, GIGA. Memecoin sector cools post-strong start; bulls reset amid 2025 recovery and 2026 cycle debates. pic.twitter.com/UlpvxOFVBn
— Augura_ (@Augura_) January 13, 2026
This trend could play a role in pushing PEPE much higher now that the broader market is sending bullish signals. That’s because PEPE has been around for a while and survived the ups and downs of the market.
As such, someone looking to invest in a meme coin that offers growth and capital security could turn to PEPE first. This dynamic is already evident not only in the intraday pump but also in several other times that the market has shown signs of a pump since last year. It is a signal that if Bitcoin sustains the rally through $100k, PEPE could be headed for a parabolic bull rally.
Macro Environment Favors PEPE Rally
The macro environment also favors a continuation of the PEPE that is showing at the moment. The dollar is on a downtrend, and this is increasingly pushing risk-on assets higher. As this rotation into risk-on assets continues, high beta assets stand to benefit the most from their potential to outperform. This is not only pushing PEPE higher intraday, but it could also see it eliminate several zeros from its price in the foreseeable future.
Dollar is losing its power every day. The debt we keep is astounding. Institutions and Retail buyers both know it’s time to shift from the dollar into assets.
— Shane Colin (@ShaneColin321) January 14, 2026
Technical Analysis – PEPE Price Making Second Attempt At Resistance
After a rally that started on January 1, PEPE hit resistance at $0.00000719 and failed. However, bullish momentum remains strong, and PEPE is now making a second attempt at this resistance level. If bulls are strong enough to breach this resistance, a rally to $0.00001013 could follow.

On the other hand, if bulls fail at the $0.00000719 resistance, a correction to the $0.00000372 support could follow. Of these scenarios, a rally to $0.00001013 is more likely. That’s because risk-on sentiment is coming back into the market, and meme coins tend to rally under such conditions.
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