Bitcoin's struggle to maintain dominance at the $70,000 mark has opened the door for meme coins to make a comeback, with PEPE leading the charge. With the Bitcoin halving just a week away, the anticipation for an altcoin season is at an all-time high. Will PEPE lead the market-wide recovery and soar to new heights this month? Let's dive into our PEPE price prediction to find out.

The current altcoin market is experiencing increasing volatility, with some coins surging while others plummet. PEPE, the popular meme coin, is preparing for a strong rebound, positioning itself for a comeback.

In the daily chart, following a bull run, the PEPE price trend has entered a pullback phase, forming a descending triangle with a solid trendline that keeps the bullish growth in check. However, a recent bullish reversal from the 50D EMA suggests a potential double-bottom formation within the pullback pattern, which could lead to a significant reversal and a bullish breakout.

The overall bullish trend remains intact, with the 200-day and 50-day EMAs in positive alignment. The 50-day EMA currently offers dynamic support during the pullback, indicating a potential rebound.

If the PEPE price trend experiences a surge in trading volume, it could lead to a massive surge, potentially making it the top meme coin in the market. Currently trading at $0.000007305, PEPE is under the $0.00010 psychological mark.

Based on trend-based Fibonacci levels, the breakout rally could aim for the $0.000015 mark, indicating a significant potential for growth. With the current market conditions, PEPE's uptrend and potential breakout make it an exciting coin to watch in the coming weeks.