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Memecoin market jumps 13%, PEPE up 12% amid rising transactions and short liquidations.

Technical Signals
26 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

The memecoin market cap surged 13% to $25 billion in 24 hours, with PEPE rising over 12%, second only to Shiba Inu's 30% gain. PEPE's price tested a key resistance level linked to a bullish pattern, supported by increasing transaction volume and institutional accumulation. Short order liquidations also boosted gains. For sustained growth, PEPE must break and hold above the resistance; otherwise, the rally may be a temporary pullback.

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