Investor behavior shifted towards accumulation with a resumption of buying activities taking advantage of the bearish wave in various digital currency categories, which reinforced positive expectations regarding the price of Pepe coin.
The price of the meme currency plummeted to multi-month lows, and market participants rushed to sell it following news of the escalating trade war between the United States and China.
Today, the market is seeing demand from mid- and large-sized investors as data from the Santiment platform shows that wallets holding between 100,000 and 10 million Pepe coins have increased their total holdings to 610.21 billion coins.
Similarly, large holders holding between 10 million and 1 billion PEPE tokens stopped selling, bringing their total holdings down to 15.42 trillion PEPE tokens, as the end of the whale de-risking policy, coupled with the continued participation of small investors, appears to pave the way for a possible reversal.
Pepe Price Forecast: Does the Correction Represent the Final Lows on the Way to Hitting the $1 Mark?
The increased demand for Pepe’s coins comes at a time when it is now confirmed that the lower limit of the symmetrical triangle – which has been expanding for a year – is nearing its peak.
The support zone extends well before the pattern itself forms and represents a tested starting point for the price since mid-2024. Now, with momentum indicators improving, we could see a strong rebound imminent.
Against this backdrop, the Relative Strength Index (RSI) reading has rebounded from the oversold range above 30, while the MACD trendline is moving closer to its signal counterpart, both indicating the early stages of a potential takeoff.
Furthermore, the main breakout starting point is centered around the historical demand zone at $0.000009, which must be held as a support level to confirm the breakout. Then, a breakout in the trend could target and possibly surpass previous highs, with Pepe price recording new highs with the potential to rise 600% to $0.000005.
As US interest rates continue to fall and drive risk appetite, and speculation grows regarding PEPE Spot ETFs under the SEC’s new public listing standards, the arrival of new investments could trigger gains of up to 1,200% and push the price to $0.0001.
While this represents the first steps toward reaching the $1 mark, it remains a distant dream. This advancement will likely require sustained institutional participation and true integration with traditional financial institutions (TradFi) to meet the necessary demand.
PepeNode-PEPENODE: No need to wait for the ideal moment to make gains
Meme currencies often reward those who know how to time their entries, but it’s this volatility that makes them so unpredictable. But what if you could exploit its sales instead of betting on anticipating the right time to buy, taking advantage of drops?
With PepeNode, mining via the exciting Mining to Earn (M2E) mechanism becomes very simple. There is no need for expensive equipment or technical obstacles. All you need to do is log in, purchase a transaction audit contract, assemble virtual mining hardware and receive rewards from the most important meme coins.
Subscription data also looks interesting, with proceeds to date exceeding $1.84 million, while those who take out a mortgage on their foreign exchange purchases continue to enjoy an annual return of up to 700%.
With 70% of all PepeNode balances spent purchasing burned nodes and mining equipment, scarcity becomes a key feature of the project’s currency, helping to support its long-term value growth.
The current timing also seems ideal for buying; Macroeconomic developments are encouraging a return of investment to risky assets, notably meme currencies, which increases the attractiveness of rewards and the PepeNode mechanism, especially as the sector as a whole regains its usual momentum.
To visit the official PepeNode Coin Offering website, click here
Pepe Coin Price Expectations (Pepe-PEPE) With the decline in sales intensity following the entry of individual investors and whales, has the Pepe Coin price journey to reach $1 now begun? appeared first on Cryptonews Arabic.