Pepe Coin (PEPE) is currently trading at $0.00000886, reflecting a 5.24% decline in the past 24 hours. Market volatility remains high, making it essential to assess key technical indicators and whale activity.
Technical Analysis: Key Indicators to Watch
Support and Resistance Levels
PEPE is near a crucial support zone between $0.00000870 and $0.00000886.
Resistance is expected around $0.00001050 if buying pressure increases.
Moving Averages
Short-Term: The 20-day and 50-day Simple Moving Averages (SMAs) indicate immediate trends.
Long-Term: The 100-day and 200-day SMAs provide insights into overall market direction.
If PEPE holds above the long-term SMAs, the bullish trend remains intact. A breach below could signal a further decline.
Read PEPE Price Prediction for more detailed insights
Whale Accumulation: A Bullish Signal?
A new wallet recently acquired 249.975 billion PEPE (worth $2.31M) at $0.00000924.
Historically, when whales accumulate while retail investors sell, prices tend to rise.
Current on-chain data shows increased whale holdings, suggesting a potential bullish move.
Also Read: Curve Price Prediction 2025, 2026 – 2030
What’s Next for PEPE?
If whale accumulation continues, PEPE could trend upward.
If follow-through buying fails, prices may remain under pressure or decline further.
Traders should monitor key price levels and overall market sentiment before making investment decisions.
By keeping an eye on technical trends and whale activity, investors can better anticipate PEPE’s next move in the market.