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PEPE Price Up 50% YTD: Can PEPE Coin Break the Descending Triangle?
Source: CryptoNewsNet Original Title: PEPE Price Up 50% YTD: Can PEPE Coin Break the Descending Triangle? Original Link: The meme coin market has kicked off 2026 with an explosive start, and PEPE is leading the charge with a massive 50% YTD surge in just the first two weeks of January. While Bitcoin and other majors are finding their footing, the frog-themed token has captured retail attention once again, driven by a 370% explosion in trading volume. However, a look at the technicals shows that PEPE is currently at a make-or-break juncture within a massive descending triangle.
PEPE Price Analysis: The Descending Triangle
According to the latest charts from early January 2026, PEPE is currently trading inside a significant descending triangle pattern. This formation typically indicates a period of consolidation where sellers are creating lower highs, while buyers defend a horizontal support level.
Despite the 50% rally since January 1st, the price is now knocking on the ceiling of this trendline. A breakout above this level, backed by the current high volume, could trigger a “short squeeze,” as many traders were positioned for a breakdown.
Important Price Areas & 2026 Targets
To understand where PEPE-USD is headed, we must look at the key pivot points on the 2026 roadmap. The following table highlights the essential levels for traders: