Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    NewsCrypto

    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert

    According to news sources, Coinbase is set to expand its derivatives platform…

    By
    Jane Omada Apeh
    May 30, 2025
    image 30 May 2025 12 40 50
    CryptoMarketNews
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    May 30, 2025
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    NewsBitcoinCrypto
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    May 30, 2025
    Bybit MiCAR license
    NewsCryptoMarket
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    May 30, 2025
    Ethereum ETF Inflows Surge to $71M, Will ETH Price Follow to $2,900?
    NewsCryptoEthereumMarket
    Ethereum ETF Inflows Surge to $71M, Will ETH Price Follow to $2,900?
    May 30, 2025
  • Cryptocurrency
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    7 Min Read
    image 30 May 2025 12 40 50
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    3 Min Read
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    5 Min Read
    Bybit MiCAR license
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    6 Min Read
    Ethereum ETF Inflows Surge to $71M, Will ETH Price Follow to $2,900?
    Ethereum ETF Inflows Surge to $71M, Will ETH Price Follow to $2,900?
    7 Min Read
    image 297
    Updated List: 5 Top New Meme Coins to Buy and Hold for Long Term — Last Hours of Stage 6 for a 191.6% Rising Presale
    8 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: PEPE Price Prediction: Can Whale Activity Trigger Reversal?
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > PEPE Price Prediction: Can Whale Activity Trigger Reversal?
CryptoNews

PEPE Price Prediction: Can Whale Activity Trigger Reversal?

PEPE Price Prediction: Can Whale Activity Trigger Reversal?
PEPE Price Prediction: Can Whale Activity Trigger Reversal?
Jane Omada Apeh
Last updated: January 9, 2025 8:30 am
By
Jane Omada Apeh
Published January 9, 2025
6 Min Read
Share

According to crypto sources, recent on-chain activity in the PEPE market shows big whales moving billions of PEPE tokens into exchanges. This is putting PEPE  back in the spotlight as such whale activity is sparking a reversal. But will it be enough to keep the trend bullish or will resistance and sentiment keep prices in check?

Contents
Whale Activity Points to ReversalKey Levels to Watch for PEPE PriceNetwork Growth: Temporary Slowdown or Bearish Indicator?Technical Indicators: Mixed SignalsBreaking Resistances: The Big HurdleFAQs1. Why has PEPE price dropped?

Whale Activity Points to Reversal

In the last 30 hours, one whale reportedly moved 427 billion PEPE worth $8.5 million to Kraken, sparking some wild price action after that. The same whale now currently has 1 trillion PEPE worth $18.4 million and is making big profits from previous sales, reports say.

Apparently, the whale made $2 million from one position alone. It earlier made $11.7 million in profits on PEPE and is still bullish on the token.

Despite this whale optimism, at the time of writing PEPE was trading at $0.00001771, down 10.18% in the last 24 hours. This is making the market question if it is set up for a rally or more resistance.

Key Levels to Watch for PEPE Price

The current price of PEPE is testing the very important support around $0.00001701 demand zone. Analysts suggest that if this support holds, the price could bounce up to $0.00002196.

However, it all depends on if buyers can keep the momentum going. If selling pressure increases, PEPE may not hold at current levels and could go lower.

PEPE Price Prediction: Can Whale Activity Trigger Reversal?
Source: Tradingview

Network Growth: Temporary Slowdown or Bearish Indicator?

PEPE network growth has slowed down and added only 2006 new addresses at the time of writing. This means user activity and transaction volume have decreased after the recent price action.

While this might be a temporary “cooling off” period, the long-term implications for PEPE price are if whale activity can rekindle investor interest and, by extension, growth on the network. Sustained network growth is needed for any price appreciation to happen.

Technical Indicators: Mixed Signals

  • Parabolic SAR: Current price is above the dotted SAR lines, seemingly bullish.
  • Directional Movement Index (DMI): +D (17.876) and -D (20.485) suggest bearish control, and ADX is 19.20. Buyers could reverse the momentum to turn these indicators into bullish. Any buying pressure could flip these indicators in favor of the bulls.
  • Long/Short Ratio: 65.07% of positions are long, showing bulls are in control. These indicators are pointing up, but need more buying pressure to break the resistance.
PEPE Price Prediction: Can Whale Activity Trigger Reversal?
Source: Coinglass

Breaking Resistances: The Big Hurdle

PEPE needs a big price move to overcome resistance and hold buying pressure. With the whale’s move and long/short ratio in favor of the bulls, the current bias of the meme coin is set up for a rally.

However, the market is still fragile, and any flip to bearish dominance could make the upward momentum struggle. Investors should keep an eye on: Whale activity and its effect on market liquidity, Support at $0.00001701 holding and Resistance at $0.00002196.

PEPE’s fate will be decided by the support and resistance levels. While whale activity and bullish sentiment is a good sign for a price reversal, sustained buying interest and network growth are needed for long-term success. For now, PEPE is at a crossroads; the next few trading sessions will decide the direction. Investors should be cautious and watch the market closely.

Stay updated with Deythere as we’re available around the clock, providing you with updated information about the state of the crypto world.

FAQs

1. Why has PEPE price dropped?

PEPE price dropped due to increasing selling pressure and slow network growth while whale is moving up.

2. How does whale activity affect PEPE price?

Whale activity affects liquidity and market sentiment. Big token movement is often the source of price change, therefore sparking speculations and buying or selling behavior.

3. What are the key resistance and support levels for PEPE?

Support: $0.00001701, Resistance: $0.00002196. Whether PEPE breaks support and resistance will decide the direction in terms of price.

4. Is it worth investing in PEPE now?

PEPE is a highly speculative investment and the market is very volatile. Potential investors should do their own research and watch the market before putting in money.

5. What’s the role of network growth in PEPE’s price movement?

Network growth signifies user activity and adoption. It might reflect a lack of interest, while growth could fuel demand and, therefore, price momentum.

 

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Binance’s Market Share Hits 4-Year Low: What Does This Mean for Competitors?

Red-Hot Alert! Arctic Pablo Coin Surges Among Top Meme Coins – $1.71M+ Presale Boom as Brett and Peanut the Squirrel Gain Traction!

Missed Out on Popcat’s Explosive Launch? BTFD Coin’s P2E Game Will Make You Forget the FOMO

AI-Themed Altcoins Face Sharp Decline Amid Market Volatility

Top Analysts’ Latest Crypto Predictions: End of October Targets

TAGGED:PEPEPEPE price predictionWhales

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByJane Omada Apeh
Follow:
Omada is an experienced crypto journalist delivering in-depth analysis and insights on the ever-evolving world of cryptocurrency and blockchain. Her expertise spans market trends, regulatory developments, and innovative use cases. She is dedicated to providing accurate and engaging content for crypto enthusiasts and newcomers alike.
Previous Article Why Bitcoin, Ethereum, and BNB Are the Future of Bhutan’s Financial Strategy Why Bitcoin, Ethereum, and BNB Are the Future of Bhutan’s Financial Strategy
Next Article Sberbank Warns Digital Ruble Launch Could Be a Costly Mistake Sberbank Warns Digital Ruble Launch Could Be a Costly Mistake
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English