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Junior Content Creator
Harvey Hunter
Junior Content Creator
Harvey Hunter
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Why Trust Cryptonews
The PEPE price is losing its footing today. With today’s 14.80% decline, it surpasses pre-election lows and raises questions about where the top-ranking meme coin will bottom.
What started as a 9.9% drop has proven to be a downtrend with staying power as the market concedes to the bulls, backed by a 97% jump in trading volume to $1.05 billion.
The post-election surge that propelled Pepe to new highs has been entirely erased, leaving it grappling to find support
PEPE Price Analysis: Where Could Pepe Bottom?
The crash leaves PEPE in a discovery zone as it loses the support that has marked its bottoms since mid-2024.
Immediate support at $0.000007 will be key to gauging how far this downtrend can extend.
If a rebound occurs, PEPE could reclaim the long-term support and attempt a breakout from the falling wedge forming since early December.
This case would target $0.000023 for a potential 200% gain from current levels.
Notably, the Relative Strength Index (RSI) has reached the oversold threshold at 30, often indicative of exhausted selling pressure.
Still, the bears remain in control.
The MACD has formed a death cross, dropping below the signal line, while the 50SMA has fallen under the 200SMA—both setups that often precede deeper declines.
The more probable scenario suggests a brief consolidation before falling to the lower support of the falling wedge, marking a bottom around $0.000005.
This New ICO Could See Stronger Gains
During the second wave of “meme coin mania” post-inauguration, those elusive 10-100x opportunities were seemingly everywhere.
If you missed out, MIND of Pepe ($MIND) gives you the chance to get in early and ride the next wave.
As a self-improving AI, MIND of Pepe is designed to deliver exceptional value to $MIND token holders.
It will actively engage with the crypto community through its X account—driving conversations, uncovering alpha opportunities, and delivering exclusive, token-gated insights.
Inside its Telegram community, holders get early access to high-potential tokens before they hit the market, keeping them ahead of the curve.
At the time of writing, MIND has raised over $6.9 million in its ongoing presale, capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents.
You can keep up with MIND of Pepe on the mentioned socials, or join the presale on the MIND of Pepe website.
