The cryptocurrency market is buzzing with speculation over the potential recovery of PEPE, one of the largest meme coins. After a steep decline that wiped off over 50% of its value following the 2025 market crash, analysts are observing signs of reversal that could mark a significant comeback for the token.
PEPE Coin: The Current Standings
PEPE is currently trading within a falling wedge, a bullish reversal pattern that often signals the end of prolonged downtrends. The coin’s price recently rebounded from $0.0000041 to $0.00000445, testing the upper boundary of the wedge. The Relative Strength Index (RSI) has risen out of oversold territory at 35, indicating growing momentum among buyers.
According to crypto expert MMBTtrader, this movement hints that PEPE may break out from its bearish phase, which has persisted for nearly a year. A successful retest of the support level at $0.0000045 could turn resistance into a new base and pave the way for PEPE to rebound significantly. A close above the 7-day simple moving average at $0.00000443 would further strengthen this bullish prospect.
Key Drivers of PEPE’s Potential Rally
Several interconnected factors are contributing to the buzz around PEPE’s recovery:
- Market Sentiment: Despite current caution, the Fear & Greed Index at 15 suggests traders may opt for risk-on assets like PEPE. Bitcoin’s market dominance of 58% indicates a tentative shift in investor attention away from major tokens.
- On-Chain Data: Exchange inflows of 8 trillion PEPE ($32 million) show some sell-side pressure, but cleaner distribution patterns—where the largest holder controls less than 10% of total supply—provide a more balanced trading environment.
- Futures and Liquidity: Futures open interest in PEPE has declined, reducing volatility. Moreover, a surge in trading volume to $297 million following its listing on Monad DEX with WMON pairs augments its liquidity.
Analysts believe these factors, combined with market rotation into meme coins, may spur a significant price rebound for PEPE.
Where Could PEPE Go Next?
PEPE’s price trajectory now hinges on several critical resistance levels: $0.00000958 and $0.00001340. Should the coin break out of its falling wedge and sustain higher trading volumes, it may rise to $0.000022 by 2026, an impressive 430% gain from current levels. However, maintaining support above $0.0000043 is crucial to invalidating the recent downtrend and building a long-term bullish path.
For those looking to explore meme coin investments, platforms like Coinbase offer reliable tools to trade PEPE and other tokens. Always consider using a reputable exchange to mitigate risks.
Final Thoughts
PEPE’s potential recovery comes at a time when meme coins are regaining attention within the cryptocurrency market. Whether you’re a short-term investor or a long-term holder, staying informed about technical patterns, market behavior, and on-chain data can provide valuable insights into navigating and profiting from volatile markets.
