Wild Pepe Coin Comeback: Profit-Taking Ahead or Bull Run Just Starting?

Wild Pepe Coin Comeback: Is a Massive Correction Next?

Pepe Coin’s incredible 130% rise from recent lows has rekindled investor interest in May 2025. Whether this well-known meme coin can maintain its upward momentum and retest its top of about $11 billion in market capitalization, or if a major correction is imminent, is the question that now dominates the Pepe Coin news cycle.

Pepe Coin Price Shows Weakness After Hitting Key Fibonacci Level

Following a brief peak close to the 0.00001526 threshold, the price of Pepe coin started to exhibit indications of weariness. The coin had significant rejection close to the 1.0 Fibonacci extension level of 0.00001539, a typical profit-taking zone in cryptocurrency markets, per a technical analysis by @Ali_Charts. Sell signs are also visible on the Pepe coin price chart close to the 0.618 and 1.0 Fibonacci zones, which are frequently linked to distribution following sharp price increases.

PEPE Price Momentum Weakens: RSI Signals Overbought Territory

Despite the excellent PEPE news, several momentum indicators are warning. At 71.85, the Relative Strength Index (RSI) entered overbought territory and has subsequently begun to decline. A declining RSI could be a sign of waning bullish momentum, particularly when combined with rising or constant prices.

This attitude is echoed by other technical signals. A possible return to consolidation is indicated by the Bollinger Bands’ price rejection from the upper band. In the meantime, the Cumulative Volume Delta (CVD) is currently negative, suggesting greater sell-side pressure than buy-side support, and the Awesome Oscillator, while still in positive territory, has displayed declining histogram bars.

Pepe Coin Price Prediction: Can Bulls Push for a 30% Rally?

The price prognosis for Pepe Coin is still divided despite these warning indications. According to certain analysts, notably Satori_BTC, the support level between 0.00001250 and 0.00001300 is presently staying steady. Increased trading volume at this level indicates that buyers are coming in to support it. Pepe Coin may recover and reach a short-term price of 0.00001700, or a gain of almost 30%, if this trend continues.

Critical Support at 0.00001245: Will Pepe Coin Hold or Fall Further?

Therefore, the current bullish structure would be out of place if the crucial level, 0.00001245, were violated, which might signal the beginning of a steeper downturn. The next major support level is located at 0.00001043.

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