Pepe Coin (PEPE) continues making headlines as it remains in a prominent accumulation zone, which indicates a possible upside in the future. Analysts explain that this level in the past has always proven to be a strong support level prior to a major price action. Despite the low momentum observed today, some relief in selling pressure indicates a possible upside.
At the time of writing, PEPE is trading at $ 0.000004673, with a 24-hour trading volume of $545.91 million and a market capitalization of $1.99 billion. Over the last 24 hours, the coin has gained 4.77%, suggesting growing investor interest and potential for upward momentum.
A crypto analyst, CryptoPulse, pointed out in their weekly outlook that price action for PEPE continues to be within its major accumulation zone. This major accumulation zone also contains the major neckline level where previous breakouts resulted in price increases. And the price continues to be above $0.00000395; a potential upside break beyond $0.00001 might be possible for this cryptocurrency.
Despite this bullish indicator, Pepe Coin is still challenged by poor momentum in the short run. The Relative Strength Index (RSI) for this coin stands at 35.96. This indicates that this coin operates in a low strength zone.
Also, the Moving Average Ribbon maintains a position above the current price with major lines closer to 0.000001, showing that pressure for sale remains in the market. To witness a strong reversal, it has been indicated that a move towards a neutral level of 40-50 might be required for the RSI.
The MACD indicator is also showing that the trading conditions are cautious. Both MACD and signal lines are close to -0.00000. The histogram is red but shrinking. This indicates that while bearish momentum continues to exist in the market, this pressure may be subsiding. For a more pronounced rally to occur, the MACD needs to exhibit a strong positive momentum.
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For investors, however, the current stage for Pepe Coin indicates a cautious opportunity. Although a short-term bullish trend may be anticipated with some level of uncertainty, being in the accumulation zone and showing elements of slowing pressure in sales may constitute a precursor for a possible price rebound for this coin.
Investors are carefully following developments with regard to a possible major price shift for PEPE. As a renewed level of action appears within the crypto market, one of the most observed meme coins in 2025 remains Pepe Coin. This asset presents risk along with potential reward for those individuals looking to capitalize upon key levels.
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