Pepe Coin, the memecoin that’s been making waves in the crypto world, is currently trading at $0.0000101. But will it ever hit $1? 🐸🚀
PEPE Faces Downtrend, Technicals Remains Bearish
Short to mid-term moving averages are signaling sell, and the RSI sits at 38, indicating weak momentum but not yet oversold. The MACD and momentum indicators also reflect selling pressure. 📉
While there are minor signs of a short-term bounce, they remain weak for now. The chart continues to show a clear downtrend, dominated by red candles and low buying volume. Unless fresh momentum comes in, a strong recovery is not likely right now.
PEPE Eyes Breakout as Traders Load Up
Analyst Lev Arden sees a bullish cup & handle forming on PEPE’s weekly chart. A breakout above $0.000014 could quickly push it to $0.0000227. He also notes a $74M surge in open interest, which shows that traders are ready to act. Meanwhile, investor James Wynn calls PEPE the top Ethereum meme but is now hunting for the next $1B meme coin on other blockchains with strong native narratives.
Can PEPE Hit $1?
Despite the recent decline, Pepe Coin remains a top choice. But reaching $1 or even $0.01 for the token is extremely unlikely given its 420 trillion supply. Hitting $0.01 would require a multi-trillion-dollar market cap, which seems unrealistic in today’s market.
Nevertheless, on-chain data shows that whales are increasing their holdings, and exchange balances are falling, which are positive signs. Pepe has formed a bullish flag and double-bottom pattern, which often signal potential breakouts. If the trend continues, Pepe could witness a strong rally.
How High Can Pepe Go? Key Predictions Ahead
Currently, Pepe’s market cap is around $4.3 billion. According to an analysis from CoinDCX, the short-term price targets for 2025 show Pepe could trade between $0.000006 and $0.000008 on the lower end and it could reach up to $0.000024 if momentum builds. Long-term targets might push it to $0.000031 or $0.000409, but those depend heavily on market conditions and sentiment.
According to CoinCodex, Pepe Coin is expected to end 2025 between $0.00000805 and $0.00000829. For 2026, it expects Pepe to trade between $0.00000800 to $0.00002771. 📈
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2025-06-20 09:08