The price of PEPE has gone through turbulent weeks, raising questions about its future in Summer 2025. We'll analyze the current situation and possible price development scenarios.
Current Market Status of PEPE
Currently, PEPE is trading at approximately $0.00001017, which is below the 200-day moving average. This may indicate a weakening trend, as the risk of bearish movement is present. On the 4-hour chart, RSI stands at 38, signaling proximity to oversold territory. Support has formed around $0.00000950, which has held despite multiple tests, offering hope for a short-term recovery.
Price Forecast for PEPE
There are several scenarios for PEPE prices: - **Bearish Scenario:** If the support at $0.00000950 is broken, the price may fall rapidly to $0.00000800 and then to $0.00000600. The chances of this are around 45%. - **Range-Bound Scenario:** If PEPE can hold at $0.00000950, it might trade within a range between this support and resistance at $0.00001250, with about a 40% chance of occurring. - **Bullish Scenario:** If Bitcoin gains strength or new hype cycles emerge, PEPE could break above $0.00001250 and approach $0.000015. The likelihood of this scenario is around 15%.
Conclusion on PEPE Prospects
PEPE stands at a crossroads. It is holding its support, but its position is precarious. If support at $0.00000950 holds, there could be a recovery chance. Otherwise, a price drop could deepen the bearish trend. The next major move for PEPE will likely set the tone for the remainder of Q3.
The situation with PEPE prices remains tense. Monitoring the support level at $0.00000950 will be a key factor in analyzing further movements.
