The post Pepe Coin Soars 55% Against Bitcoin – Is a Reversal Brewing? appeared on BitcoinEthereumNews.com.

Pepe Coin (PEPE) price has surged 53% in a fortnight to emerge as one of the top performers in the crypto market. Against Bitcoin (BTC), the meme coin rose 55% in just a week, showcasing its strength. Despite this massive uptrend, key technical and on-chain signals hint a reversal could brewing for PEPE token. Pepe Coin’s PEPE Token Rallies 55% Against BTC As noted above, Pepe Coin price has had a strong comeback this week, delivering a 55% rally in a week against Bitcoin. This performance makes it one of the top-performing meme coins despite the hype surrounding Solana’s Fartcoin. With PEPE currently priced at 0.0000000001325 BTC, PEPE has flipped the 0.00000000010 BTC psychological level into a support zone. Pepe Coin As the PEPE bull run risks exhaustion,  technical and on-chain signals flag a potential correction. PEPE Price Tops Out, Is Reversal Next? The PEPE/BTC chart, indexed to 100 for clarity, shows the price trend’s failure to cross the 72.22 level peak, last formed in late January 2025. As Pepe Coin weakens against BTC, the falling trend could confirm a bearish turnaround if it breaks the 61.59 support level. A confirmed breakdown with a daily closing price below 61.59 would signal a bearish reversal. The Pepe coin price prediction suggests the next potential downside target at 41.82, followed by 40.11.  As the PEPE risks losing strength against BTC, investors should consider booking the bull run gains before the crash.  Unrealized Profit Confirms Crash for Pepe Coin From an on-chain perspective, PEPE’s Market Value to Realized Value (MVRV) ratio chart reveals strong reversal chances. MVRV data shows the average return of holders compared to the token acquisition price. Higher ratios translate to higher unrealized profits and an increased likelihood of sell-offs. The 30-day MVRV ratio stands at 25.82% after taking a drop from…

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Filed under: News - @ May 15, 2025 1:22 pm