Can PEPE Coin Survive This Drop?
The post Can PEPE Coin Survive This Drop? appeared on BitcoinEthereumNews.com. PEPE coin, one of the most talked-about meme tokens in 2025, has caught the attention of both retail traders and crypto whales with its wild price swings. But after a euphoric rally in May, the excitement seems to be fading as the price steadily declines. Now, all eyes are on whether PEPE coin price can bounce back from a crucial support level or if it’s headed for another sharp drop. This article dives deep into the current PEPE coin chart setup, technical indicators, and possible outcomes — helping you decide if it’s time to buy, hold, or exit. PEPE Price Prediction: Why Is PEPE Price Falling Again? PEPE/USD Daily Chart- TradingView PEPE coin price is showing clear weakness on the daily chart, currently trading around $0.00001028. The asset is in a corrective phase after hitting a local high near $0.00002500 in early May 2025. Since then, PEPE has been sliding consistently with no significant buying volume to support a bounce. Heikin Ashi candles confirm this downward trend with a series of red bodies and minimal upper wicks — a signal of strong bearish pressure. The RSI (Relative Strength Index) stands at 37.66, below the neutral 50 mark, suggesting bearish momentum still dominates. What Does the Chart Say About Support and Resistance? From a Fibonacci retracement drawn on the latest major impulse (low of $0.00000510 to high of $0.00002500), key support levels emerge: 0.618 Fib level at approximately $0.00001000 — this is where PEPE coin price is hovering now. 0.786 Fib level near $0.00000820 — this could be the next stop if support breaks. Resistance is clearly visible at: $0.00001350 – Previous consolidation zone $0.00001680 – Fib 0.382 level $0.00002000 – Psychological resistance Is PEPE in Oversold Territory? While RSI is not yet oversold (below 30), it is dangerously close. This…
The post Can PEPE Coin Survive This Drop? appeared on BitcoinEthereumNews.com.
PEPE coin, one of the most talked-about meme tokens in 2025, has caught the attention of both retail traders and crypto whales with its wild price swings. But after a euphoric rally in May, the excitement seems to be fading as the price steadily declines. Now, all eyes are on whether PEPE coin price can bounce back from a crucial support level or if it’s headed for another sharp drop. This article dives deep into the current PEPE coin chart setup, technical indicators, and possible outcomes — helping you decide if it’s time to buy, hold, or exit. PEPE Price Prediction: Why Is PEPE Price Falling Again? PEPE/USD Daily Chart- TradingView PEPE coin price is showing clear weakness on the daily chart, currently trading around $0.00001028. The asset is in a corrective phase after hitting a local high near $0.00002500 in early May 2025. Since then, PEPE has been sliding consistently with no significant buying volume to support a bounce. Heikin Ashi candles confirm this downward trend with a series of red bodies and minimal upper wicks — a signal of strong bearish pressure. The RSI (Relative Strength Index) stands at 37.66, below the neutral 50 mark, suggesting bearish momentum still dominates. What Does the Chart Say About Support and Resistance? From a Fibonacci retracement drawn on the latest major impulse (low of $0.00000510 to high of $0.00002500), key support levels emerge: 0.618 Fib level at approximately $0.00001000 — this is where PEPE coin price is hovering now. 0.786 Fib level near $0.00000820 — this could be the next stop if support breaks. Resistance is clearly visible at: $0.00001350 – Previous consolidation zone $0.00001680 – Fib 0.382 level $0.00002000 – Psychological resistance Is PEPE in Oversold Territory? While RSI is not yet oversold (below 30), it is dangerously close. This…
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