PEPE Advances 3.7% as Global Tensions Ease, Golden Cross Adds Bullish Signal

PEPE, the frog-themed meme coin, is on the rise, fueled by a mix of technical signals and improving global sentiment across crypto markets.

The token has gained 3.7% over the past 24 hours, climbing to $0.00000967.

This upward move follows comments from U.S. President Donald Trump confirming he has no plans to delay the upcoming July 9 deadline for reciprocal tariffs. Meanwhile, signs of a potential trade deal between the U.S. and India, coupled with reduced tensions between Iran and Israel, have helped shift investor focus back toward economic fundamentals.

From a technical perspective, PEPE’s price action reflects steady upward momentum, with a sequence of higher lows registered at $0.00000920, $0.00000927, and $0.00000948, as shown in data from CoinDesk Research’s analysis model.

The memecoin briefly broke above resistance at $0.00000963 earlier in the session, accompanied by a surge in trading volume — a signal that buyers are eager to drive prices higher.

Adding to the bullish outlook, PEPE has recently formed a golden cross pattern, where the 50-day moving average moves above the 200-day average. While often viewed as a sign of potential significant gains, analysts note that it remains a lagging indicator and should be interpreted with caution.