TLDR:
- PEPE has surged 11% in value amid broader crypto market recovery
- The memecoin broke through a key resistance level that had been in place since February 2025
- Technical analysis suggests potential for another 25% rise if price holds above $0.0000080
- On-chain data shows increasing long-term holders, indicating growing investor confidence
- RSI at 59 signals strong bullish momentum with room for further upside
Pepe (PEPE), the frog-themed memecoin and third-largest in its category, has broken out of its downtrend with an 11% price surge on March 26, 2025. This rally came as the broader cryptocurrency market showed signs of recovery after a period of decline.
The price jump follows PEPE’s breakthrough of a key resistance level. The memecoin had been trading under a descending trendline since early February 2025, but recent price action has broken this pattern.
At press time, PEPE is trading near $0.0000087. This represents an 11% increase over the past 24 hours. However, trading volume has dropped by about 10% compared to the previous day.
Pepe
PEPE Price
Technical analysis suggests PEPE could rise another 25% if it maintains price action above the $0.0000080 level. This would build on its recent gains and potentially test higher resistance levels.
The Relative Strength Index (RSI) for PEPE currently stands at 59. This reading indicates strong bullish momentum without yet reaching overbought territory. This suggests there’s still room for further price appreciation.
On-chain data from Santiment shows an increase in PEPE holders with balances between 100,000 and 10,000,000 tokens. This growth in long-term holders signals rising investor confidence in the memecoin’s prospects.
The recent uptrend follows a difficult period for PEPE. The token had plummeted 35% in early March, reaching a bottom of $0.000057 on March 10. Since then, it has erased those losses through a mid-month rally.
Social media sentiment around PEPE has improved markedly. Since the beginning of March, the sentiment score has risen from -0.77 to +0.387, reflecting growing optimism among traders and investors.
Data from IntoTheBlock reveals the holding time of transacted PEPE coins over the past two weeks has jumped to 2.67 trillion. This metric often indicates reduced selling pressure as investors choose to hold rather than sell their assets.
The In/Out of Money Around Price (IOMAP) indicator shows solid support near $0.0000080. At this level, over 10,000 addresses hold approximately 26 trillion tokens.
This support level exceeds the unrealized loss volume between $0.0000090 and $0.000010. This imbalance suggests buyers have the upper hand at current price levels.
From a technical perspective, PEPE has broken above its prolonged downtrend on the daily chart. The Moving Average Convergence Divergence (MACD) reading has also moved into positive territory, confirming the bullish trend.
If these bullish indicators maintain their trends, PEPE could climb to $0.000014 around the 0.618 Fibonacci level. Should market conditions continue to improve, the memecoin might even test the $0.000020 level.
However, if PEPE fails to break through the $0.000010 resistance level, this bullish forecast might not materialize. In that scenario, the price could decline back to support levels around $0.0000053.
The combination of technical breakout, positive on-chain metrics, and improving market sentiment suggests PEPE’s upward momentum may continue in the short term. Investors will be watching closely to see if the memecoin can maintain its recovery trajectory.
