The post PEPE Price Rallies 4% Despite Weekly Volatility as Whale Accumulation Continues appeared on BitcoinEthereumNews.com.

Iris Coleman
Aug 30, 2025 13:51

PEPE trades at $0.00 with 1.13% daily gains despite recent 8% selloff. Technical indicators show mixed signals with RSI at neutral 42.05 as whale activity drives recovery.

Quick Take • PEPE currently trading at $0.00 (+1.13% in 24h) • PEPE RSI sits at neutral 42.05 with bearish MACD suggesting cautious momentum • Whale accumulation drives 4% recovery after 8% weekly decline amid meme coin volatility What’s Driving Pepe Price Today? The PEPE price experienced a notable 4% surge today, marking a significant recovery from the broader meme coin selloff that dominated markets earlier this week. This latest rally stems primarily from increased whale accumulation and renewed community support, providing crucial buying pressure at key technical levels. However, this recent positive momentum comes against a backdrop of increased volatility in the meme coin sector. Just three days ago, PEPE faced an 8% decline as traders expressed growing concerns over the sustainability of meme season gains. The broader market sentiment shifted as interest in meme tokens began to wane, creating selling pressure across the sector. Despite today’s recovery, market analysts remain cautious about PEPE’s near-term outlook. Recent price predictions suggest potential downside to $0.000007935 by August 31, 2025, based on current technical trends and market dynamics. This bearish forecast reflects the ongoing uncertainty surrounding meme coin valuations and their susceptibility to rapid sentiment shifts. PEPE Technical Analysis: Mixed Signals Emerge The current Pepe technical analysis reveals a complex picture with conflicting indicators across different timeframes. PEPE’s RSI reading of 42.05 places the token in neutral territory, suggesting neither overbought nor oversold conditions based on Binance spot market data. The momentum indicators paint a more cautious picture for PEPE traders. The MACD histogram shows bearish momentum, with both the…

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Filed under: News - @ August 31, 2025 1:27 am