PEPE surged above $0.0000071 on Jan. 3, marking one of its strongest daily gains in months and positioning the meme coin among the most technically promising assets in early 2026. The token broke through critical resistance levels and traded above its upper Bollinger Band as buyers stepped up activity.
What Happened: Technical Breakout
The token's Bollinger Bands on the daily chart showed a sharp upward expansion, with price trading above the upper band while the 20-day moving average remained significantly lower. This setup indicates strong bullish sentiment, though analysts noted the move appeared temporarily stretched.
The Relative Strength Index soared to around 82, placing PEPE firmly in overbought territory. However, in strong trending conditions, RSI can remain elevated for extended periods without triggering significant pullbacks.
Immediate support sits around $0.0000062, aligning with the breakout zone and the previous upper Bollinger Band.
A deeper support level exists near $0.0000044, coinciding with the 20-day moving average. On the upside, initial resistance emerged around $0.0000075, with a broader resistance zone positioned between $0.0000085 and $0.0000090.
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Why It Matters: Community Engagement
The token's success stems partly from its engaged community and marketing tactics. PEPE has harnessed platforms such as Twitter and Reddit to build an active following, fostering a sense of belonging among users.
As meme coins gain prominence, crypto payroll is surfacing as an option for businesses, especially in gaming and streaming industries. Embracing meme coins in payroll systems offers advantages such as reduced transaction fees and expedited payment processing.
Analysts suggest that if the current breakout structure holds, PEPE could stabilize at higher valuation levels than late 2025.
In 2026, overall crypto market trends could have a larger impact on the token's price behavior, with greater involvement from long-term holders potentially dampening downside volatility during correction periods.
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