PEPE Price Surges 5% as Open Interest Crosses $1 Billion Milestone
The post PEPE Price Surges 5% as Open Interest Crosses $1 Billion Milestone appeared on BitcoinEthereumNews.com. Darius Baruo Jul 26, 2025 05:45 PEPE trades with 5% daily gains amid record $1B open interest and 300% spike in Google searches, signaling renewed meme coin momentum. Quick Take • PEPE currently trading with 5.00% gains in the last 24 hours • PEPE RSI at 53.51 shows neutral momentum with room for upward movement • Open interest surpassing $1 billion marks a significant speculative milestone • Google search interest jumped 300%, indicating massive retail attention What’s Driving Pepe Price Today? The PEPE price rally stems from a confluence of bullish developments that emerged over the past week. Most notably, PEPE’s open interest crossed the $1 billion threshold on July 22nd, coinciding with Ethereum’s impressive 40% surge over the past month. This milestone represents a significant increase in speculative interest and derivative trading activity around the meme coin. Adding fuel to the momentum, PEPE experienced a remarkable 300% increase in Google search activity, reflecting heightened public curiosity and potential for increased trading volume. This surge in retail interest often precedes significant price movements in meme coins, as broader market participation typically drives volatility. The timing of these developments aligns with positive technical indicators that emerged on July 18th, when PEPE’s price began trading above key moving averages and Bollinger Bands, suggesting the foundation for sustained bullish momentum was already in place. PEPE Technical Analysis: Mixed Signals Point to Consolidation The current Pepe technical analysis reveals a market in transition, with several indicators providing conflicting signals. PEPE’s RSI sits at 53.51, placing it firmly in neutral territory and suggesting the recent 5% surge hasn’t pushed the token into overbought conditions. This positioning indicates potential room for further upward movement before encountering momentum-based resistance. However, PEPE’s MACD histogram shows -0.0000, indicating bearish momentum despite…
The post PEPE Price Surges 5% as Open Interest Crosses $1 Billion Milestone appeared on BitcoinEthereumNews.com.
Darius Baruo Jul 26, 2025 05:45 PEPE trades with 5% daily gains amid record $1B open interest and 300% spike in Google searches, signaling renewed meme coin momentum. Quick Take • PEPE currently trading with 5.00% gains in the last 24 hours • PEPE RSI at 53.51 shows neutral momentum with room for upward movement • Open interest surpassing $1 billion marks a significant speculative milestone • Google search interest jumped 300%, indicating massive retail attention What’s Driving Pepe Price Today? The PEPE price rally stems from a confluence of bullish developments that emerged over the past week. Most notably, PEPE’s open interest crossed the $1 billion threshold on July 22nd, coinciding with Ethereum’s impressive 40% surge over the past month. This milestone represents a significant increase in speculative interest and derivative trading activity around the meme coin. Adding fuel to the momentum, PEPE experienced a remarkable 300% increase in Google search activity, reflecting heightened public curiosity and potential for increased trading volume. This surge in retail interest often precedes significant price movements in meme coins, as broader market participation typically drives volatility. The timing of these developments aligns with positive technical indicators that emerged on July 18th, when PEPE’s price began trading above key moving averages and Bollinger Bands, suggesting the foundation for sustained bullish momentum was already in place. PEPE Technical Analysis: Mixed Signals Point to Consolidation The current Pepe technical analysis reveals a market in transition, with several indicators providing conflicting signals. PEPE’s RSI sits at 53.51, placing it firmly in neutral territory and suggesting the recent 5% surge hasn’t pushed the token into overbought conditions. This positioning indicates potential room for further upward movement before encountering momentum-based resistance. However, PEPE’s MACD histogram shows -0.0000, indicating bearish momentum despite…
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