As described before, Tether fueled Bitcoin bull runs were not good for PPC-BTC ratio. Bitcoin bear markets is when this usually turns around and Peercoin regains ground. This turn-around could also break the multi-year downtrend in PPC-BTC.
Price is now over weekly EMA(100), it has retested it once and has bounce back up. Next obvious target is 4500-5000 satoshi along that horizontal resistance. Beyond that, retest of May 2021 high between 8000 and 10000 satoshi.