Pepe Price Analysis: Optimistic Whales Expect 25% Surge

Pepe struggles at $0.00001670 with bearish trends but shows potential for a double-bottom reversal.

The Pepe network activity has dropped significantly, with large transactions declining by 95.52% over three months.

Whale confidence persists, with two major purchases totaling over $8.72 million in the past 24 hours.

A bullish breakout above $0.00001670 could target $0.00002120, while a breakdown risks testing $0.000014412.

As Bitcoin has broken under the $93,000 mark, the broader market sentiment is turning extremely bearish. Amid such conditions, the meme coin market cap has dropped to $97.43 billion.

Dogecoin is down by nearly 3%, while Pepe has registered a 4.21% decline in the past 24 hours. With its 7-day return at a negative 18.15%, Pepe struggles to sustain a market cap of $7 billion.

PEPE Price Analysis

In the 4-hour chart, the declining trend in Pepe is testing the crucial support zone at the 23.60% Fibonacci level at $0.00001670. The Pepe price faced higher rejection from the 38.20% Fibonacci level while taking dynamic resistance from the 20-EMA line.

This completes a negative cycle within the consolidation range and hints at a bearish breakdown. However, the bullish divergence in the 4-hour RSI line suggests a potential double-bottom reversal.

Due to the prevailing bearish trend, the moving average lines in the 4-hour chart have attained a bearish alignment. Hence, the average lines are giving a sell signal, despite the RSI line signaling upside potential.

PEPE Price Target

Based on the Fibonacci levels, a bullish breakout of the 38.20% Fibonacci level will mark a buying opportunity. The breakout rally in Pepe could retest the previous crucial support zone at $0.00002120. This corresponds to the 61.80% Fibonacci level.

On the flip side, a bearish closing under the crucial support zone at the 23.60% Fibonacci level will likely retest the $0.000014412 level.

Declining Network Warns Rising FUD

Over the past three months, the number of large transactions over the Pepe has witnessed a . From the peak of 3.08k transactions on November 13, the transactions have dropped to 138 on January 12.

This marks a significant change of -95.52%. Furthermore, since the start of 2025, the number of large transactions has declined from 815 to 138. This marks a shift of -83.09% in 2025.

The lack of network activity reflects declining attention towards Pepe in a gradually turning bearish market. This warns of a potential rise in FUD.

Whales Continue to Support PEPE

Despite the Pepe price declining over the past week and the threat of a breakdown rally, whales are showing strong confidence. Over the past 24 hours, two whales have made significant purchases in this meme coin.

Whales are accumulating $PEPE!

1/ New whale “0x8f5” withdrew 280B $PEPE ($5M) from #Binance 4 hours ago. Additionally, the whale accumulated 47.4M $JASMY ($1.54M) a day ago.

2/ Whale “0xb1a” spent 3.72M $USDC to buy 200.4B $PEPE ~30 mins ago. However, this whale used to lose… pic.twitter.com/aTyZPl8Qqp

— Spot On Chain (@spotonchain) January 13, 2025

Whales are accumulating !

1/ New whale “0x8f5” withdrew 280B ($5M) from 4 hours ago. Additionally, the whale accumulated 47.4M ($1.54M) a day ago.

2/ Whale “0xb1a” spent 3.72M to buy 200.4B ~30 mins ago. However, this whale used to lose…

— Spot On Chain (@spotonchain)

A new whale, 0x8f5, has withdrawn 280 billion Pepe tokens worth $5 million. Along with withdrawing Pepe from , the whale also accumulated 47.4 million JASMY tokens worth $1.54 million a day before.

Similarly, on a bullish note, a whale, 0xb1a, has spent 3.72 million USDC to accumulate 200.4 billion Pepe. However, this whale has a history of making losses in Pepe, with the recent one amounting to $1.45 million.

Conclusion

Pepe faces significant challenges with declining network activity and bearish trends, but strong whale accumulation offers hope for a potential recovery. A breakout above $0.00001670 could signal bullish momentum, while failure to hold key support risks further downside. The coming days will be critical for the next move in Pepe.