{"id":160511,"date":"2025-06-20T22:00:27","date_gmt":"2025-06-20T19:00:27","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=160511"},"modified":"2025-06-19T20:17:12","modified_gmt":"2025-06-19T17:17:12","slug":"pepe-coin-slides-but-signals-hint-at-a-potential-rebound","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/pepe-coin-slides-but-signals-hint-at-a-potential-rebound\/","title":{"rendered":"Pepe Coin Slides but Signals Hint at a Potential Rebound"},"content":{"rendered":"<p><span style=\"font-family: inherit;\">The slump has wiped out roughly $5.7 billion in value. Yet, a closer look at technical patterns and on-chain data suggests a recovery might be brewing.<\/span><\/p>\n<h3>Technical Indicators Support a Bullish Setup<\/h3>\n<p>Despite the sharp decline, Pepe has formed a bullish double-bottom pattern near $0.0000057, a formation that often precedes a breakout. The recent pullback appears to be testing the neckline around $0.00000925, signaling a classic \u201cbreak-and-retest\u201d move \u2014 a bullish continuation structure.<\/p>\n<p>Adding to the optimism is the emergence of a flag formation on the daily chart. If this pattern plays out, the projected price target could stretch to $0.00002250, implying a potential 116% gain. However, a drop below the $0.00000925 support would invalidate this scenario and could send the price back toward $0.00000574.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-miner-bitdeer-boosts-war-chest-with-new-convertible-notes-deal\/\" title=\"Bitcoin Miner Bitdeer Boosts War Chest With New Convertible Notes Deal\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/bitdeer-bitcoin-mining-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Miner Bitdeer Boosts War Chest With New Convertible Notes Deal<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<h3>Whales and Investors Are Accumulating<\/h3>\n<p>On-chain data reveals that large holders have increased their Pepe stakes by nearly 400 billion tokens in the past month. At the same time, exchange balances have dropped by 2.1%, suggesting investors are moving their holdings into self-custody \u2014 typically a sign of long-term confidence.<\/p>\n<h3>Futures Market Reflects Renewed Interest<\/h3>\n<p>Futures activity around Pepe Coin is also heating up. Open interest recently climbed to $537 million, marking a strong recovery from earlier lows. Meanwhile, the funding rate remains positive, indicating that traders expect the price to rise.<\/p>\n<p>While the market remains volatile, the combination of bullish chart patterns, whale accumulation, declining exchange balances, and surging derivatives activity could provide the momentum needed for Pepe to stage a comeback.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pepe Coin is facing tough market conditions, with its price falling to $0.00001042 \u2014 over 36% down from its May peak and more than 60% below its all-time high.<\/p>\n","protected":false},"author":3,"featured_media":78698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-160511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized 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