The post PEPE Price Surges 3.41% as Meme Coin Eyes $0.000017 Target Amid Technical Recovery appeared on BitcoinEthereumNews.com.

James Ding
Aug 17, 2025 10:03

PEPE rebounds with 3.41% daily gains following 25% weekly recovery, as technical indicators show neutral RSI and bullish momentum building toward analyst target of $0.000017.

Quick Take • PEPE currently trading with 3.41% gains in the past 24 hours • Pepe’s RSI at 47.84 signals neutral territory with room for upward movement • 25% weekly rebound from July sell-off fuels bullish price projections to $0.000017 What’s Driving Pepe Price Today? The PEPE price action today reflects continued momentum from the significant 25% rebound that began on August 11, following a sharp July sell-off. This recovery has positioned PEPE at $0.000011677, with analysts maintaining bullish projections despite some short-term volatility. Recent market sentiment around PEPE has been notably resilient. Just yesterday, market analysts highlighted the meme coin’s ability to defy broader bearish trends, with specific targets pointing toward $0.000017 by August 2025. This optimistic outlook comes even after PEPE experienced a 1.99% decline on August 11, demonstrating the token’s capacity to recover quickly from temporary setbacks. The substantial $57,011,007 in 24-hour trading volume on Binance spot markets indicates sustained institutional and retail interest in PEPE, providing the liquidity foundation necessary for continued price appreciation. This volume surge coincides with growing confidence among traders who view the recent dip as a buying opportunity rather than a trend reversal. PEPE Technical Analysis: Neutral Signals Set Stage for Bullish Breakout The current Pepe technical analysis reveals a market positioned for potential upward movement, with key momentum indicators showing mixed but improving signals. PEPE’s RSI reading of 47.84 places the token in neutral territory, significantly below the overbought threshold of 70, suggesting ample room for price appreciation without immediate resistance from technical selling pressure. The PEPE MACD configuration shows bearish momentum…

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Filed under: News - @ August 17, 2025 10:21 am