Pepe (PEPE) Price: 11% Surge Signals Potential for Additional 25% Growth

6 days ago 17

TLDR

  • PEPE has surged 11% amid broader crypto market recovery
  • Technical analysis suggests potential for another 25% rise if it holds above $0.0000080
  • Long-term holders are increasing, showing growing investor confidence
  • PEPE recovered from a 35% decline in early March, erasing all losses
  • On-chain metrics and technical indicators point to continued bullish momentum

Pepe, the world’s third-largest meme cryptocurrency, has seen an 11% price increase over the past 24 hours. The frog-themed token is showing strong signs of recovery after breaking through a key resistance level.

On March 26, PEPE recorded an 11% gain as the overall crypto market began to rebound. This price surge followed PEPE’s breakout from a descending trendline that had been in place since early February 2025.

At press time, PEPE is trading at approximately $0.0000087. The price jump comes despite a 10% drop in trading volume, which indicates lower participation from traders compared to the previous day.

Technical Analysis

Technical analysis suggests that PEPE remains in bullish territory as long as it stays above the $0.0000080 level. If this support holds, the token could see another 25% price increase in the near term.

The Relative Strength Index (RSI) for PEPE currently stands at 59. This reading signals a strong bullish trend while leaving room for additional upside potential.

Pepe Price on CoinGeckoPepe Price on CoinGecko

PEPE’s recent performance marks a major turnaround from earlier in the month. The token experienced a 35% decline in the first half of March, bottoming out at $0.000057 on March 10.

Since mid-March, PEPE has erased all of these losses. The recovery appears to be gaining momentum as on-chain metrics show decreased selling pressure across the market.

Data from blockchain analytics firm Santiment reveals growing investor confidence in PEPE. There has been a marked increase in holders with balances between 100,000-1,000,000 and 1,000,000-10,000,000 tokens.

Social media sentiment around PEPE has also improved. The sentiment score has risen from -0.77 at the start of March to +0.387 currently, reflecting growing optimism among traders and investors online.

According to IntoTheBlock, PEPE’s holding time of transacted coins over the past two weeks has jumped to 2.67 trillion. This metric indicates that investors are holding onto their tokens rather than selling them.

The In/Out of Money Around Price (IOMAP) indicator shows strong support near the $0.0000080 level. Over 10,000 addresses hold approximately 26 trillion tokens at this price point.

This support level exceeds the unrealized loss volume between $0.0000090 and $0.000010, suggesting that PEPE is well-positioned to break above the $0.000010 mark in the short term.

From a technical standpoint, PEPE has broken above a prolonged downtrend on the daily chart. The Moving Average Convergence Divergence (MACD) reading has bounced into positive territory, further confirming the bullish outlook.

If current trends hold, analysts predict PEPE could climb to $0.000014 around the 0.618 Fibonacci level. Should market conditions continue to improve, the token might reach as high as $0.000020.

However, if PEPE fails to breach the $0.000010 resistance level, the price could fall back to $0.0000053.

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