The post Will PEPE Price Hit $1 in 2025? appeared first on Coinpedia Fintech News
Pepe Coin is currently trading at $0.0000101, down 2.8% in the last 24 hours and over 25% in the past month. The memecoin continues to show a bearish trend, with its price falling through June. It is now hovering above a key support level at $0.00001000. A breakdown below this level could send it lower, toward $0.00000900.
PEPE Faces Downtrend, Technicals Remains Bearish
Technical indicators also support a bearish outlook. Short to mid-term moving averages are signaling sell, and the RSI sits at 38, indicating weak momentum but not yet oversold. The MACD and momentum indicators also reflect selling pressure.
While there are minor signs of a short-term bounce, they remain weak for now. The chart continues to show a clear downtrend, dominated by red candles and low buying volume. Unless fresh momentum comes in, a strong recovery is not likely right now.
PEPE Eyes Breakout as Traders Load Up
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