After a period of sideways movement, PEPE has sparked renewed interest in the crypto market. Chart analysis and social sentiment suggest that a significant price jump might be on the horizon, with some analysts predicting a potential 5x run to $20 billion. This surge is fueled by strong buying zones seen in its market cap and growing trading volume on platforms like Uniswap. Two independent analyses highlight key indicators, suggesting a possible breakout from the downward trend. One analysis reveals a significant support zone between $2.2 billion and $2.8 billion, which has consistently held even during the recent pullback. This area acts as a crucial floor for the token’s price. The second analysis focuses on strong buying signals from weekly candles that have closed above wicks, indicating continued investor confidence. If PEPE manages to break through resistance at $4 billion and even $5 billion, analysts believe it could propel prices back towards the previous peak of $11.5 billion. This surge in trading activity coupled with this sustained price support points to a potential breakout in the near future.