double bottom points to a surge to all-time high
Pepe price continued its strong surge on Friday, reaching its highest level since January, and technicals point to more gains.
Pepe (PEPE) surged to a high of $0.00001390, up by 160% from its lowest level in March, making it one of the best-performing meme coins.
The surge happened as Ethereum (ETH) short-squeezed and reached its highest level since March 3. Pepe and other Ethereum meme coins tend to perform well when Ether is in an uptrend.
It also coincided with a broad rally in crypto and stock markets ahead of a meeting between U.S. and Chinese officials in Switzerland. The hope is that the world’s two biggest economies will de-escalate tensions and possibly reduce tariffs.
Pepe’s price also…
