- The Pepe cryptocurrency experienced a drop of 47.78% in last month, with a current price around $ 0.000010
- The same market as a whole has shrunk, with total market capitalization at $ 77.8 billion and $ 6.4 billion in daily negotiation volume
- The technical analysis suggests a potential for a 54% rally if Pepe breaks resistance to 0.00001056
- Exchange data has shown consistent purchases since the beginning of 2025, with $ 30 million from Pepe bought last week
- The launches of celebrity tokens and carpet shots reduced the overall demand of the same and the confidence of investors
Pepe experienced a drop of 47.78% in the last month, the price currently oscillates about $ 0,000010. This slowdown is part of a broader contraction on the meme parts market, which now amounts to $ 77.8 billion in market capitalization.
Recent negotiation data reveals a daily volume of approximately $ 450 million for Pepe, indicating continuous market interest despite the drop in prices. The fully diluted evaluation of the token is currently at $ 4.1 billion, making it one of the largest players in the same money space.
The price movement has followed a clear drop trajectory since it reached its summit of $ 0.0000282 in December 2024. A technical analysis shows that Pepe recently broke below a level of major logarithmic support which ‘had been stable since March 2024, suggesting increased sales pressure.
PEPE PRICE
Exchange market data has an interesting contrast to prices’ action. Since the beginning of 2025, there has been a coherent purchase activity on the cash market, with 30 million dollars in pepe bought from exchanges during last week. The largest unique purchase has reached $ 148.86 million this year.
Pepe market structure currently shows signs of accumulationWith approximately 635.23 Billions of Pepe exchanged at current levels. This accumulation phase is formed in an ascending channel, creating defined support and resistance areas.
The immediate resistance level is at 0.000000001056, with additional resistance points at 0.00001137, 0.00001217 $ and $ 0.00001331. A breakthrough above these levels could potentially lead to a price increase of 54.22%, reaching $ 0.00001477.
The fundamentals of the token show a certain force, with more than 404,000 chain holders and $ 44 million in liquidity locked via Ethereum smart contracts. This substantial liquidity has led Pepe to develop a correlation with the movements of Ethereum prices.
Technical indicators have mixed signals. The relative force index (RSI) currently reads 47.02 and tends to increase, which suggests a dynamic of increasing purchasing. However, the weighted financing rate according to the interest in open area remains in negative territory at 0.0002%, indicating certain remaining sales pressure on the derivative market.
Part of the same
The wider sector of coins was faced with challenges recently. The launches of tokens supported by the celebrities led to several high -level failures and to carpet prints, affecting the confidence of investors in the category.
Recent examples include the car token in the Central African Republic, which lost 97% of its value in a week.
Market analysts identified $ 0.00,00066 as a level of key support for PEPE, coinciding with the weekly Fibonacci retracement of 0.786. Some analysts, including Ali Martinez, suggest that Pepe could see a major rebound if he maintains the support greater than $ 0.00,00092.
It is a crucial level for $ Pepe. If it is more than $ 0.00,00092, a rebound could follow. But a break below can open the door for a movement to $ 0.00,00032. pic.twitter.com/armsvzxiuo
– Ali (@ali_charts) February 16, 2025
The total cryptocurrency market has shown weakness in recent exchanges, overall market capitalization decreasing by 2.5% to 3.3 dollars in the past 24 hours. This broader feeling of the market affected the meth parts sector, which experienced a 2.4% drop in the same period.
Pepe trading models show a strong correlation with Ethereum prices, suggesting an upward potential if Ethereum is heading for $ 4,000. This relationship has become more pronounced as Pepe’s liquidity has deepened.
The token continues to maintain active exchanges on the main cryptocurrency scholarships, a coherent volume indicating continuous market participation despite price volatility.
The new data show that the merchants of derivatives have taken increasingly lower positions, as indicated by the weighted funding rate in decline in open interest since its peak of February 14 of 0.0101%.
The most recent exchange data of February 18, 2025 show continuous accumulation models, although a slower rate than the high points of the previous week.