PEPE: Rejected at $0.00009 – Why the memecoin's recovery looks unlikely
The $0.000073 zone was a lower timeframe resistance zone and could present a selling opportunity upon a retest.
Keep up with what's happening in the crypto world in real-time.
The $0.000073 zone was a lower timeframe resistance zone and could present a selling opportunity upon a retest.
The incoming U.S. cross-border tariffs didn't bode well on the memecoin department, flushing down 17% of its market cap.
Critical supports that have upheld Pepe in the face of recent market headwinds are now in question, placing the meme coin at a critical juncture. The post PEPE Bulls Defend Critical Price Level – Is a Breakout or Breakdown Next? appeared first on Cryptonews.
Meme coins PEPE and Dogwifhat (WIF) have made it onto Coinbase's Coin50 Index, indicating increased market significance and investor interest.
A sharp downturn has gripped the crypto market, with an almost 10% drop in the overall market cap within the last 24 hours. Leading cryptocurrencies (Bitcoin, Ethereum, and Solana) have suffered over 10% price losses.
Two popular meme coins, Shiba Inu and Pepe Coin, have experienced a substantial drop in value, leaving many reeling. Investing in these currencies today is akin to putting your investment at risk, with minimal potential for recovery.
Digital assets traded in the red on Tuesday as Bitcoin dipped to press time levels of $83.89K. While altcoins endured significant declines amid tariffs-driven macroeconomic worries, memes seemed to suffer the most. Coingecko data shows the market cap of all meme tokens lost over 20% in the previous day to $57 billion.
After a brief rally over the weekend, top meme coin PEPE has given up all its gains, as bears take over again. According to data from CoinMarketCap, the PEPE price has added another zero and is changing hands for $0.00000692, down by 17.44% in the past 24 hours.
Mutuum Finance (MUTM) is quickly becoming one of the top performers, set to unseat leading meme coins like Pepe Coin (PEPE) and Shiba Inu (SHIB). At the time of press, Shiba Inu is trading at $0.00001413 and Pepe Coin at $0.0000074.
The PEPE coin price has erased most of the gains it made in 2024. One of the top meme coins, Pepecoin is currently trading down by over 70% from its December levels. The Pepecoin technicals are giving hope to analysts who predict a bullish divergence and a good chance for PEPE to rebound soon.
A Pepe Coin whale ignited a tidal wave of speculation on Monday by dumping a staggering 262 billion tokens despite an ongoing uptrend. On-chain data suggests that this whale thereby redirected its investments into another token, ONDO.
If PEPE holds itself above the $0.00000765, it could soar by 30% to reach the $0.00000105 level.
Ethereum whales are making big moves, and this time, it's not just about Ethereum price. While ETH remains a top asset, many large holders are quietly shifting their focus. The surprise? They're leaving PEPE, one of the most popular meme coins, for a new crypto gaining massive hype, DTX Exchange.
Cryptocurrency analyst and trader Ali Martinez is warning that a top memecoin could plunge significantly amid the market downturn.
It's been a chaotic few hours in the memecoin market, with politically-driven surges and deepening bearish momentum.
With the RSI hinting at a reversal and volume patterns shifting, could a rebound be brewing for PEPE coin price?
Memecoins are now collectibles? The U.S. Securities and Exchange Commission introduces game-changing classification.
PEPE's price action hinges on support levels as market sentiment weakens and bearish signals rise.
The crypto investors are no longer strangers to volatility, as crypto tokens rise and drop with changing trends and their demand. At present, the crypto market is witnessing one of the biggest downturns, where most digital assets are crashing.
Pepe price drops 30%, but is a rebound coming? Bullish signals emerge as analysts predict a 15x surge.
Cryptocurrency prices suffered a big dive this week costing investors billions of dollars. Bitcoin has retreated below $80,000, while the total market cap of all these coins plunged by 5.40% to $2.64 trillion. This means that crypto investors have lost almost $1 trillion in the past few months.
Pepe Coin (PEPE) whales are quietly loading up on the meme coin, as it attempts to find a foothold in the $0.0000080 area as the broader crypto market slides. The post Whales Quietly Load Up on PEPE – Is a Price Explosion Next? appeared first on Cryptonews.
Many investors are turning their attention to projects with stronger fundamentals when meme currencies, like PEPE, undergo market fluctuations. Even though PEPE has a devoted following, traders are now looking for more stable prospects due to its recent volatility.
Analysts anticipate a possible spike to $6,800 if positive momentum continues as Ethereum lingers close to the crucial $2,500 support barrier. Significant rallies among Ethereum-based tokens, such as the meme coin Pepe (PEPE) and the presale star Mutuum Finance (MUTM), might be triggered by this situation.