The post PEPE Price Surges on $90M Whale Accumulation as Double Golden Cross Signals Bullish Momentum appeared on BitcoinEthereumNews.com.

Zach Anderson
Jul 27, 2025 11:25

PEPE trading shows strong technical signals with whale accumulation of 9 trillion tokens worth $90 million, while double golden cross pattern emerges on charts.

Quick Take • PEPE currently trading with +0.71% gains in 24-hour session • Double golden cross formation and symmetrical triangle breakout signal continued bullish momentum • Whale accumulation of 9 trillion PEPE tokens worth $90 million reduces exchange supply by 2.9% • PEPE perpetual futures volume hits $1 billion on Binance, indicating strong institutional interest What’s Driving Pepe Price Today? The most significant catalyst driving PEPE price action comes from substantial whale accumulation activity recorded on July 23rd. Large holders accumulated over 9 trillion PEPE tokens valued at approximately $90 million, effectively reducing the circulating supply on exchanges by 2.9%. This massive accumulation demonstrates institutional confidence and creates immediate supply pressure that typically supports higher prices. Adding to the bullish narrative, PEPE experienced a technical breakthrough on July 22nd with the formation of a double golden cross pattern accompanied by a breakout from a symmetrical triangle formation. This combination of technical signals traditionally indicates the beginning of sustained upward momentum in cryptocurrency markets. The trading volume explosion further validates the bullish sentiment, with PEPE perpetual futures reaching $1 billion in 24-hour volume on Binance alone on July 21st. This surge in derivatives trading activity reflects heightened institutional participation and sophisticated trader interest in PEPE’s price movements. PEPE Technical Analysis: Bullish Signals Emerge Based on Binance spot market data, Pepe technical analysis reveals a “Very Strong Bullish” overall trend despite some mixed shorter-term indicators. The PEPE RSI currently sits at 54.54, positioning the token in neutral territory with room for additional upward movement before reaching overbought conditions. The PEPE MACD histogram shows a…

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Filed under: News - @ July 27, 2025 12:27 pm