{"id":2576,"date":"2025-04-07T11:07:58","date_gmt":"2025-04-07T10:07:58","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=2576"},"modified":"2025-04-07T11:08:00","modified_gmt":"2025-04-07T10:08:00","slug":"pepe-memecoin-may-never-hit-all-time-high-again","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/pepe-memecoin-may-never-hit-all-time-high-again\/","title":{"rendered":"Why PEPE memecoin may never hit its all-time high again"},"content":{"rendered":"\n

PEPE’s Survival Depends on This Technical Level<\/strong><\/h2>\n\n\n\n

Recently, PEPE <\/strong>has been trading in a symmetrical triangle pattern<\/strong>, characterized by converging support and resistance lines.<\/strong> According to the analysis, this pattern could potentially trigger a significant bullish rally<\/strong>. The price projection for this crypto<\/a> could reach $0.00001144<\/strong>. However, before this surge materializes, the price of PEPE is expected to drop first, possibly down to the $0.00000681 support level<\/strong>.<\/p>\n\n\n

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\"pepe<\/figure>\n<\/div>\n\n\n

Source: TradingView<\/p>\n\n\n\n

Market technical indicators, such as Bollinger Bands<\/strong> and the Chaikin Money Flow, highlight this potential bearish pressure<\/strong>. The Chaikin Money Flow remains in the positive zone. However, its downward movement indicates an ongoing distribution phase. This suggests that the decline of PEPE<\/a><\/strong> could be moderate before a significant rebound at the support level.<\/p>\n\n\n

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\"pepe<\/figure>\n<\/div>\n\n\n

Source: TradingView<\/p>\n\n\n\n

The market spot operators<\/strong> also contributed to the decline towards the support level by selling approximately $2.78 million worth of PEPE<\/strong>. However, the market’s relatively slow reaction to these sales is a sign of deliberate accumulation<\/strong>, hinting at the possibility of a massive upward rebound.<\/p>\n\n\n\n

Endgame or Just a Retreat for PEPE ?<\/strong><\/h2>\n\n\n\n

While PEPE must first face a critical support test<\/strong>, the long-term outlook for the memecoin<\/a> remains positive<\/strong>. If technical indicators maintain their current direction, PEPE could be gearing up for a massive bullish rally<\/strong> once this support level is successfully tested. Investors will closely monitor the next moves of this iconic memecoin<\/strong>.<\/p>\n\n\n\n

However, despite a potential short-term technical rebound, reclaiming its all-time high would be a feat for PEPE. The memecoin has dropped too much<\/strong> from its peaks. In a market context that is still uncertain and dominated by more robust projects, such a recovery seems highly improbable<\/strong> today. If you wish to buy PEPE today, you can do so through the Weex<\/a> platform. Here’s how:<\/p>\n\n\n\n

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  1. Create a WEEX<\/strong> account by signing up in minutes.<\/li>\n\n\n\n
  2. Deposit funds<\/strong> via debit\/credit card, bank transfer, or crypto transfer.<\/li>\n\n\n\n
  3. Access the market and search for the PEPE\/USDT<\/strong> pair.<\/li>\n\n\n\n
  4. Complete the purchase and find the PEPE tokens<\/strong> in your account.<\/li>\n<\/ol>\n\n\n\n
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    Complete your KYC and receive $10<\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n