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Meme coins remained under pressure this month as market participants watched the ongoing trade war between the US and China. Bitcoin price was trading at $84,000 on Monday, while the market cap of all coins remained at $2.7 trillion.
Is a profit-taking dip looming just beneath the surface?
Frog-themed meme coin PEPE has confirmed a death cross on its four-hour chart, a bearish technical indicator triggered when the 50-period simple moving average (SMA) crosses below the 200-period SMA. This development signals potential downside momentum, especially as PEPE continues to trade beneath key moving averages on both the four-hour and daily charts.
Frog-themed cryptocurrency PEPE recently confirmed a "death cross" on its four-hour chart. A death cross happens when a short-term moving average (such as the 50 SMA) crosses below a longer-term moving average (such as the 200 SMA), indicating potential bearish momentum on the market.
Meme coins stand among the biggest beneficiaries of the market revival following Trump's tariff war reversal—so, is it time to buy the dip? The post Should You Buy Meme Coins Now? PEPE Rockets Up 14% in a Day appeared first on Cryptonews.
PEPE has faced price fluctuations in the last seven days. The meme coin plunged to a low of $0.000005844 within this time frame as it experienced volatility.
Even with memes like Shiba Inu and Pepe Coin surfacing, ongoing analysis remains on what might be forgotten and is likely to be volatile in the following months. Current sentiments suggest that the hope that these meme tokens are either losing zero or worth growing tenfold appears too optimistic.
PEPE's short-term price action might take an interesting turn soon
In the rapidly shifting landscape of cryptocurrencies, Mutuum Finance (MUTM) is emerging as a promising new player that has the potential to deliver impressive returns. Unlike Dogecoin (DOGE), which is priced at around $0.07, Shiba Inu (SHIB) at $0.000008, and Pepe Coin (PEPE) at $0.000001, MUTM is currently available at an attractive presale.
Today, April 9, 2025, following the opening bell of the US market, the overall cryptocurrency market jumped by 1.90%, indicating a potential upside rally. Amid this, Pepe (PEPE), the popular meme coin, has formed a bullish price action and is poised for a massive upside rally.
A PEPE whale has offloaded over 723 billion tokens, converting them to the DeFi stablecoin DAI, signaling a lack of confidence in the asset.
Pepe Coin whales sent shockwaves across the broader crypto market by offloading over 1 trillion tokens recently. Data from numerous transaction trackers revealed that large-scale investors have embarked upon a PEPE-selling spree amid the ongoing crypto market slump.
It can safely be said that the memecoins are entirely at the mercy of market sentiment, and this is in the toilet right now. If things do not turn around, and this is not looking likely in the current global trade war environment, the memecoins could head to zero a lot quicker than some expect.
Crypto analysts are hailing now as the perfect time to buy Pepe after its price crashed by over 77% from its highest point in December. Most experts cite its strong fundamentals, like the Mean Dollar Invested Age (MDIA), and its strong technicals, including the formation of a double-bottom pattern.
Pepe has recovered by 5% today, yet a recent sale of 196 billion PEPE suggests that the coin may continue falling hard in the near term. The post Is the PEPE Price Crash Just Beginning? Whale Dumps 196 Billion PEPE Tokens appeared first on Cryptonews.
Altcoin prices bounced back as some investors bought the dip following the recent crypto Black Monday, when most of them crashed.
Bitcoin and other altcoins bounced back on Tuesday as investors attempted to buy the dip after most of them dropped to their multi-month low. BTC price surged to $80,000, while the total market cap of all coins jumped by over 3.5%. Some of the top-performing tokens were JasmyCoin (JASMY), Pepe (PEPE), and Render (RNDR).
Amid the ongoing crypto market crash, investors' eyes are on the best crypto to buy before the conditions recover. This is important as investors anticipate that Donald Trump will approve a zero tax policy once the tariff or trade war ends.
Pepe Coin has quickly gained popularity in the crypto community, riding the wave of growing interest in meme coins over the past few years. As of April 4, 2025, the coin is showing steady growth.
PEPE's short-term direction depends on a few key factors.
Cloud computing firm Crusoe just made headlines by shifting its focus from crypto to artificial intelligence. That's right – another major player pivoting to AI.
PEPE whale swapping the memecoin to PENDLE could be a signal to a potential crush as bearish sentiment continue to impact the market.
A New Challenger Enters the Spotlight Solana (SOL) and PEPE have dominated headlines in early 2024 with impressive 140% rallies, sparking renewed confidence in the altcoin market.
Is this the bottom for XRP or just a pause before another drop? That's the big question after the latest XRP price analysis showed a sharp bounce from $2.02, signaling a possible reversal—or a setup for further downside.
