TLDR
- Riding on the wave of a wider crypto revival, PEPE has appreciated by 11%.
- According to technical analysis, if PEPE keeps its momentum above $0.0000080, it might climb another 25%.
- The uptick in long-term holders signals that investors are increasingly confident in PEPE's future.
- Having bounced back from a steep 35% fall earlier in March, PEPE has managed to regain all previously lost ground.
- Both on-chain data and technical signals suggest a continuance of the positive trend for PEPE.
Over the last day, Pepe, the third-largest meme coin globally, has climbed 11%, recovering robustly by surpassing a key resistance level.
On March 26, PEPE experienced an 11% boost as the crypto sector started recovering, having broken free from a descending trend that persisted since early February 2025.
Currently priced around $0.0000087, PEPE's recent surge comes despite a 10% drop in trading activity, highlighting a dip in trader engagement compared to the previous day.
Technical Analysis
Technical assessments show that as long as PEPE stays afloat above $0.0000080, it's likely to remain bullish and may see a 25% rise soon.
The Relative Strength Index (RSI) for PEPE sits at 59, indicating a strong upward trend and potential for further gains.
This recent bounce back marks a complete reversal for PEPE, which endured a 35% decrease earlier in March, hitting its lowest point at $0.000057 by mid-March.
Since mid-March, PEPE PEPE has wiped out all past losses, with the recovery gaining speed as on-chain indicators show reduced market selling pressure.
Analysis from blockchain firm Santiment shows a boost in faith among PEPE investors, with an uptick in holders ranging between 100,000 to 10 million tokens.
Online chatter regarding PEPE has turned more positive, with sentiment scores improving from -0.77 in early March to +0.387, reflecting growing optimism among the crypto community.
According to IntoTheBlock, PEPE’s The average holding period for PEPE tokens has risen to 2.67 trillion over the past two weeks as investors choose to hold onto rather than offload their holdings.
The IOMAP (In/Out of Money Around Price) metric shows solid backing near the $0.0000080 level, where more than 10,000 investors hold about 26 trillion tokens.
This level of support surpasses unrealized losses between $0.0000090 and $0.000010, implying PEPE is on track to exceed $0.000010 soon.
From a technical view, PEPE has broken out of a long downward trend; the MACD (Moving Average Convergence Divergence) has flipped positive, reinforcing the optimistic forecast.
Forecasts suggest if PEPE continues this path, it might touch $0.000014 near the 0.618 Fibonacci level, potentially reaching as high as $0.000020 if conditions improve.
Yet, if PEPE cannot clear the $0.000010 barrier, its price might retreat to $0.0000053.
