PEPE Price on the Rise: Whales Lead the Charge

PEPE Price: Is This the Start of a Rally?

PEPE Price– Three major whale wallets made a significant move in the PEPE market, purchasing a total of 689.79 billion PEPE tokens for $4.3 million. The purchases, funded through the privacy-focused protocol TornadoCash, highlight the confidence whales have in PEPE’s potential to rebound.

Details of Whale Purchases The wallet 0x7A7D led the way, spending $2.72 million (1,413.4 WETH) on 437.7 billion PEPE tokens. Wallet 0x9212 followed with a $1 million purchase of 158.58 billion PEPE token, while 0x7779 bought 93.51 billion PEPE for $574,000.

Market Impact and Momentum Indicators The large-scale buys sparked a wave of positive sentiment, driving PEPE’s value upwards. According to the TD Sequential indicator, PEPE triggered a buy signal on the daily chart, suggesting a potential reversal. The token’s daily close at $0.00000597, a 4.74% increase, indicates bullish pressure. A low of $0.00000525 showed signs of price exhaustion, reinforcing the possibility of a reversal.

Short-Term Price Projections If PEPE token continues to see bullish momentum, it could rise to $0.00000620. A breakout is possible around the $0.00000640 to $0.00000660 range. However, if the price faces rejection, PEPE token may consolidate between $0.00000540 and $0.00000580. If the price falls below $0.00000525, the bullish signal would be negated, potentially leading to further declines to $0.00000495.

Declining Trade Volume and Whale Influence Despite the bullish pressure, PEPE’s recent trade volume has been relatively low, with fewer large transactions since February 2025. On March 11, only 278 trades were recorded, compared to a high of 304 in the previous 7 days. As volume rises and whale activity picks up, PEPE could potentially surge above $0.0000060.

In summary, PEPE’s potential for a rebound remains strong, with whale activity and technical indicators suggesting a possible short-term rise in price.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.