PEPE Coin shows a turning point in the market, gaining 50-75% after reaching a low on March 11. Key resistance levels and whale activity draw market participant attention.
Overall Condition of PEPE Coin
PEPE Coin continues to demonstrate positive momentum, having increased by about 50-75% since reaching its low on March 11. This may signal a shift in trend, with investors holding onto their positions benefiting, while traders face challenges due to volatility.
Whale Activity
On April 1, 2025, a new whale wallet purchased 492 billion PEPE tokens for $3.74 million, increasing speculation about future prices. This transaction has drawn attention, as significant whale activity often influences market sentiment. Additionally, another whale withdrew 250 billion PEPE from Binance, indicating a possible long-term holding strategy.
Technical Indicators and Resistance Levels
PEPE is currently trading at $0.000000746, with crucial support at $0.000000700. The token faces resistance at $0.000001 and $0.0000015, which may determine its next move. If PEPE breaks through these resistance levels, it could reach $0.000002, representing a potential 161% increase from the current prices. Technical indicators provide mixed signals; the Awesome Oscillator shows a shift towards positive momentum, while MACD suggests early signs of a possible rally.
Thus, PEPE Coin is in a state of active change, and observing resistance levels and whale activities will be key to understanding future price movements.
