Pepe (PEPE) Price Prediction: PEPE Holds Support at $0.000010—Can PEPE Surge to $0.00003 Amid Whale Activity?
The post Pepe (PEPE) Price Prediction: PEPE Holds Support at $0.000010—Can PEPE Surge to $0.00003 Amid Whale Activity? appeared on BitcoinEthereumNews.com.
Pepe (PEPE) has captured investor attention with a sudden surge in price, riding the wave of whale accumulation and growing meme coin hype across the crypto market. The coin recently jumped nearly 20% to $0.00001252, fueled by large-scale purchases and decreasing token availability on exchanges. Analysts and traders are now closely watching whether PEPE can sustain this momentum and target the $0.00003 level in the coming weeks. Whale Activity Sparks Price Surge A substantial transaction on Kraken saw a wallet acquire 1.52 trillion PEPE tokens, valued at around $16 million. Such large-scale purchases are often viewed as indicators of confidence in the asset’s long-term potential. $PEPE trading volume recently surged to $1.74 billion, driven by significant whale activity, signaling strong bullish momentum. Source: Crypto Zeus via X Additionally, the movement of these tokens off exchanges suggests a reduction in available supply, which can exert upward pressure on the price. On-chain data reveals that whales have moved approximately 11.75 trillion PEPE tokens, worth $160 million, in recent transactions. This accumulation has contributed to a 45% increase in trading volume, highlighting the growing interest in PEPE among large investors. Technical Analysis Points to $0.00003 Target From a technical standpoint, PEPE has broken out of a descending channel, signaling a potential shift in market sentiment. Following a double bottom formation near the $0.0000090 level, the coin has gained momentum. PEPE rebounds from key support with a bullish double bottom, eyeing over 300% upside toward prior resistance. Source: Rose Premium Signals via X If it successfully holds above the current resistance at $0.0000130, the price could rise toward the $0.0000160 level. The next key target is $0.0000220, before potentially reaching $0.00003. A close above $0.0000126 would confirm the breakout, potentially targeting levels up to $0.0000163 if momentum continues. FX Leaders Exchange Outflows Support Upward…
Filed under: News - @ September 14, 2025 8:19 pm