$PEPE ’s price has dropped approximately 8% over the past 24 hours, following its all-time high on December 9. Momentum indicators, including the Relative Strength Index (RSI) at 33.3, indicate that PEPE is approaching oversold territory, though it has not yet reached the critical threshold of 30. This suggests that further price correction may be possible in the near term.
Additionally, the 7-day Market-Value-to-Realized-Value (MVRV) ratio is currently at -9.3%, signaling significant unrealized losses for short-term holders. Historical trends indicate that the MVRV ratio often reaches levels between -12% and -15% before the price rebounds. Whether PEPE holds its critical support at $0.0000188 or breaks lower could determine its next major price movement.
RSI Shows PEPE Nearing Oversold Conditions
The current RSI for PEPE stands at 33.3, reflecting a steep decline since December 16. As the RSI approaches the oversold threshold of 30, it signals that PEPE is under significant selling pressure, with bearish sentiment dominating in the short term.
The RSI, a widely used technical indicator, evaluates the speed and magnitude of price movements to determine whether an asset is overbought or oversold. An RSI value above 70 typically indicates overbought conditions, often signaling a potential pullback, while values below 30 suggest oversold conditions, which could precede a potential price rebound. Although PEPE's RSI is nearing oversold territory, the price may continue to face downward pressure before a possible recovery if buyers step in at these lower levels.
MVRV Ratio Suggests Further Downside Potential
PEPE’s 7-day MVRV ratio is currently at -9.3%, a sharp decline from 17% on December 8, when the token reached its all-time high. This negative MVRV indicates that, on average, short-term holders are now facing unrealized losses. The recent price drop underscores growing selling pressure, suggesting that the current correction could persist in the near term.
The MVRV ratio compares the market value of tokens to their realized value, providing insights into the profitability of short-term holders. Historical data shows that PEPE’s 7-day MVRV ratio typically reaches levels between -12% and -15% before price recoveries begin. If this trend continues, the current -9.3% ratio indicates that further downside is possible before PEPE stabilizes and potentially rebounds.
Price Prediction: Potential for a 47% Correction
The support level at $0.0000188 is a critical threshold for PEPE’s price. A breakdown below this level could trigger further declines. In such a scenario, PEPE may test the $0.000017 support level, with the possibility of dropping as low as $0.000011, representing a potential 47% correction from current levels.
This bearish outlook is supported by the recent formation of a "death cross" in PEPE’s exponential moving averages (EMAs), where short-term EMAs have crossed below long-term EMAs. This technical pattern suggests continued downside momentum in the near term.
Bullish Scenario: Potential for Recovery
However, if PEPE’s price regains upward momentum, it could challenge the resistance level at $0.0000227. A breakout above this resistance could pave the way for further gains, with potential price targets of $0.0000259 and $0.000028, should the uptrend continue to strengthen.

$PEPE

PEPE’s price has dropped nearly 8% in the past 24 hours, days after reaching its all-time high on December 9. Momentum indicators, including the RSI at 33.3, show that PEPE is nearing oversold territory but has not yet hit the critical threshold of 30, leaving room for further correction.

Additionally, the 7D MVRV Ratio at -9.3% points to significant short-term holder losses, with historical data indicating a potential downside toward -12% to -15% before a rebound. Whether PEPE holds its key support at $0.0000188 or breaks lower will likely define its next major price movement.

PEPE RSI is currently at 25.87, reflecting a sharp decline since December 16. This indicates that the meme coin is approaching oversold territory, as its RSI nears the critical threshold of 30.

On the chart, the support at $0.0000188 is a critical level for PEPE price, as a breakdown below it could lead to further declines. If this support fails, PEPE may test $0.000017, with the potential to drop as low as $0.000011, representing a 47% correction from current levels.

This bearish outlook is reinforced by its EMA lines, which have formed a death cross as short-term EMAs cross below long-term EMAs, signaling continued downside momentum.

On the other hand, if PEPE price can regain positive momentum, it could challenge the resistance at $0.0000227.

A breakout above this level could open the door to further gains, with targets at $0.0000259 and potentially $0.000028 if the uptrend strengthens.
#pepe⚡ #PEPE_EXPERT #PepeCoinToTheMoon #Write2Earn! #CryptoMarketMoves

$PEPE

🐸 The PEPEUSDT price is moving quite nicely between the dynamic fib levels on the chart.
But given that in a few hours there will be an announcement of a “fresh” Fed rate (forecast of a decrease of -0.25%), the crypto market may be volatile!)

Therefore, we highlight the critical level of $0.0000184 for the PEPE price, from where:
🐳 if the price is kept above - growth according to the blue scenario, at least to $0.0000332
💔 in case of failure and breakdown, a protracted corrective red scenario will be activated, somewhere to around $0.0000106
What do you prefer?
#pepe⚡ #PEPEATH #PEPE_EXPERT #Write2Earn! #BinanceSquareFamily

COIN NAME :$PEPE
Signal Type: Long🦬
You can see four hour time frame in this chart.Those candels are makeing descending triangle, that's mean we can see a long jump.Bollinger calculation are giving upward momentam result. Also volume figure are creating support for candels. And we don't see any kind of blockage in the path. So hopefully this market are knocking upward side. So place in your trade for long.
Enter : when 0.2141
TP: 0.2980
SL: 0.2000
#PEPE市值超越LTC #PEPE_EXPERT #pepe⚡ #BinanceAlphaTop5 #BTCNewATH