Crypto Whales Accumulating? What’s Next for PEPE!

PEPE’s price is currently sticking around a vital support level, leading to intense speculation about its future projection. Crypto analyst PEPELFG (lfgpepe) recently gave out his insights on PEPE’s price action on X, indicating key technical indicators and potential scenarios for the token’s trajectory.

A careful analysis of the RSI and MACD indicators on the chart shows a clear bullish divergence the price is moving lower while momentum indicators trend higher. This suggests buying pressure is increasing, even though the price hasn’t reacted yet.

If the RSI breaks above 50 and the MACD crosses bullish, it could confirm a trend shift. However, without strong volume, the move could fade, so traders will need to watch carefully.

The 4H chart shared by crypto analyst PEPELFG (lfgpepe) on X suggests that PEPE’s price is at a key decision point. The price has been recently stuck in a descending triangle, with lower highs bearing downwards while key support around $0.000015162 holds strong.

This formation typically leads to a breakout or breakdown, and traders are watching for confirmation. If the price of PEPE breaks the downward trend line, we could observe a rally, but if it loses support, a dip toward $0.000013–$0.000014 is possible.

Image Source:X/lfgpepe

If PEPE’s price breaks and holds above $0.000016, it could trigger a strong rally toward $0.000018–$0.000020, as seen in previous breakouts. The tweet hints at a massive pump, but for that to happen, buyers need to step in aggressively.