Price Analysis
  • Shrishesh Tanksalkar
    author-profile
    Shrishesh Tanksalkar right arrow
    Author

    Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

    • 1 minute read

    Pepe Price Eyes $0.0000091 as Bulls Regain Momentum

    Story Highlights
    • Pepe price climbs 6.45% in 24h, beating the crypto market’s 4.14% gain

    • Whale wallets added 4.02T PEPE since February, shrinking exchange supply

    • Retail buzz surges as Pepe’s social dominance overtakes Shiba Inu

    After weeks of choppy trading, Pepe price has come back into focus with a solid 6.45% price jump in the past day, bringing it to $0.057224. The rally outpaced the broader crypto market, which gained around 4.14%. Despite being down 32.8% this month, today’s move has injected fresh optimism among meme coin traders.

    Three major drivers are behind this upswing. First, whale wallets have quietly accumulated more than 4.02 trillion PEPE since February. This large-scale buying has reduced the coin’s exchange supply, a trend that often precedes price rebounds. Second, renewed excitement around altcoin ETFs, especially after Ethereum ETF inflows hit $170 million this week. Finally, Pepe’s social activity has seen a remarkable jump, overtaking Shiba Inu and signaling a return of retail traders to the meme coin scene.

    Pepe Price Analysis

    Looking at the 4-hour chart, Pepecoin price has formed a short-term recovery channel after a steep correction earlier this month. The price now trades near $0.00000722, testing resistance at $0.0000075. A clean break above this level could open the path toward $0.0000091, where the next supply zone sits.

    Pepe price 20-10-25

    On the downside, strong support has formed at $0.00000643, matching the lower Bollinger Band. This area has been tested multiple times, confirming it as a key defensive zone for the bulls. The RSI has climbed to 58.85, hinting at improving momentum but not yet signaling overbought conditions. This suggests there’s still room for a short-term push higher before traders begin locking in profits.

    The 20-SMA on the Bollinger Bands also points to a potential shift in sentiment, as the price now hovers close to the midline. If Pepe holds above $0.0000068 in the coming sessions, a sustained recovery toward $0.0000090 looks possible.

    FAQs

    Why is Pepe’s price rising today?

    Pepe’s price is rising due to whale accumulation, renewed interest in meme coins, and growing ETF-related speculation across altcoins.

    What levels should traders watch next?

    Immediate resistance is at $0.0000075, with support near $0.0000064. A breakout above resistance could aim for $0.0000091.

    Is Pepe still a risky investment?

    Yes, like most meme coins, Pepe remains highly volatile. Traders should approach with caution and short-term expectations.

    Trust with CoinPedia:

    CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

    Investment Disclaimer:

    All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

    Sponsored and Advertisements:

    Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

    Show More

    Related Articles

    Back to top button