PEPE Rallies Following Golden Cross, Steadying Activity in Crypto Markets

PEPE Climbs 3.7% Amid Easing Global Tensions and Bullish Technical Signals

PEPE, the frog-themed memecoin, is on the rise as both technical indicators and improving geopolitical conditions bring renewed optimism to the crypto market.

Over the past 24 hours, PEPE’s price has increased by 3.7%, reaching $0.00000967.

The token’s upward momentum comes after U.S. President Donald Trump confirmed he would not delay the reciprocal tariffs scheduled to take effect on July 9. Meanwhile, discussions hinting at a potential trade deal between the U.S. and India and easing tensions between Iran and Israel have helped refocus investor attention on economic fundamentals.

Technically, PEPE continues to show bullish pressure, forming successive higher lows at $0.00000920, $0.00000927, and $0.00000948, according to data from CoinDesk Research’s technical analysis model.

Earlier in the trading session, PEPE briefly surpassed resistance near $0.00000963, supported by a spike in trading volume — a sign of strong buying interest in pushing prices higher.

Adding to the positive outlook, the token has recently displayed a golden cross, where its 50-day moving average crosses above the 200-day average. While often interpreted as a bullish indicator suggesting further gains, analysts caution that it remains a lagging signal and isn’t always predictive of future rallies.