Now PEPE traders face sharply different chart signals as one weekly pattern flags a confirmed head-and-shoulders breakdown toward $0.00000185. At the same time, a separate XRP-style triangle fractal has some analysts betting on a rebound and a possible new PEPE all-time high by December. PEPE Confirms Bearish Pattern as Chart Targets Lower Support PEPE has confirmed the head-and-shoulders pattern on the weekly chart, and the move places deeper support levels back in view. The neckline broke as sellers pushed the token below the key horizontal zone that held multiple times since mid-2024. As the breakdown continues, the chart shifts attention to how far the structure can extend. PEPE Head And Shoulders Breakdown. Source: Ali Charts The pattern shows a clear left shoulder, head and right shoulder formation before the decisive close under support. After the breakdown, candles retested the neckline from below, showing weak bounces that stalled around the same resistance band. This behavior reinforces the bearish structure and signals that momentum remains with sellers. At the same time, Fibonacci levels outline the potential path forward. The first major target sits near the 1.272 extension, followed by deeper projections at the 1.414 and 1.618 marks. These levels line up with analyst Ali’s view that $0.00000185 is now in play. If the token fails to recover the neckline, the lower extensions could become the next checkpoints as the pattern completes. Overall, the confirmed break, failed retests and alignment with high-timeframe Fibonacci levels show why traders are watching these downside targets. The structure remains intact until PEPE reclaims the neckline with strong weekly closes. PEPE Tracks XRP’s 2017 Triangle as Traders Eye Fresh Highs PEPE is now trading inside a weekly pattern that mirrors XRP’s 2017 breakout structure, according to analyst James Runner. The chart compares XRP’s long consolidation inside a symmetrical triangle before its sharp rally to PEPE’s current position after a similar retest of the lower trendline. XRP 2017 and PEPE 2025 Triangle Fractal. Source: James Runner After briefly dipping below support, PEPE has bounced back toward the triangle, where traders now watch for “acceptance” back inside the pattern. In the XRP example, that reclaim marked the start of an explosive move higher as weekly candles flipped strongly green and never revisited the breakdown zone. With that fractal in mind, James Runner says he expects a green week for PEPE and is “betting on a new PEPE all-time high by December.” The thesis depends on PEPE holding the recent rebound and building momentum along the reclaimed trendline, just as XRP did before its 2017 surge.
