Pepe Coin (PEPE) Price Prediction: Can PEPE Reclaim Its $11B Peak or Is a Major Pullback Ahead?
The post Pepe Coin (PEPE) Price Prediction: Can PEPE Reclaim Its $11B Peak or Is a Major Pullback Ahead? appeared on BitcoinEthereumNews.com.
Pepe coin has captured renewed investor attention in May 2025, fueled by a remarkable 130% rally from recent lows. However, the question now dominating the Pepe Coin news cycle is whether this popular meme token can sustain its bullish momentum and retest its nearly $11 billion market cap peak—or if it’s on the verge of a significant correction. After reaching a short-term high near the 0.00001526 mark, Pepe coin price began showing signs of exhaustion. According to a technical analysis by @Ali_Charts, the token faced strong rejection near the 1.0 Fibonacci extension level of 0.00001539, a common profit-taking zone in crypto markets. The Pepe coin price chart also reveals sell signals emerging near the 0.618 and 1.0 Fibonacci zones—areas often associated with distribution after rapid price growth. Technical Indicators Point to Overbought Conditions Although PEPE news has remained positive, several momentum indicators are flashing caution. The Relative Strength Index (RSI) touched overbought territory at 71.85 and has since started to retreat. A falling RSI, especially when paired with stable or rising prices, may indicate weakening bullish momentum. The TD Sequential indicator on PEPE’s daily chart has issued a sell signal, hinting at a possible upcoming pullback. Source: Ali Martinez via X Other technical signals echo a similar sentiment. The Bollinger Bands show price rejection from the upper band, suggesting a potential return to consolidation. Meanwhile, the Awesome Oscillator, though still in positive territory, has shown decreasing histogram bars, and the Cumulative Volume Delta (CVD) is currently negative, indicating more sell-side pressure than buy-side support. Short-Term Pullback or Launchpad for Next Move? Despite these cautionary signs, Pepe Coin price prediction remains split. Some analysts, including Satori_BTC, point out that the 0.00001250–0.00001300 support level is currently holding firm. The level has seen higher trading volume, suggesting that buyers are entering to prop…
Filed under: News - @ May 17, 2025 9:27 pm