As of May 21, 2025, $PEPE (PEPE) is experiencing a significant bullish trend, marked by strong technical indicators and increased investor interest.
📈 Current Price & Market Performance
Current Price: Approximately $0.000014 USD.
24-Hour Trading Volume: Over $1.8 billion, indicating heightened market activity.
Market Capitalisation: Around $6 billion, placing PEPE within the top 30 cryptocurrencies by market cap.
🔍 Technical Indicators & Market Sentiment
Double-Bottom Formation & Golden Cross: PEPE’s price chart reveals a double-bottom pattern and a golden cross between the 50-day and 200-day moving averages, both of which are traditionally bullish signals.
Open Interest Surge: Open interest in PEPE futures has risen to approximately $600 million, reflecting increased trader engagement.
Positive Funding Rates: The shift to positive funding rates suggests a growing bullish sentiment among traders.
🚀 Price Predictions & Future Outlook
Short-Term Target: Analysts predict a potential rise to $0.000027 in the coming weeks, contingent on market conditions.
Correlation with Ethereum: Given PEPE’s foundation on the Ethereum blockchain, its performance is closely tied to ETH’s movements. A bullish Ethereum market could further propel PEPE’s value.
📊 Exchange Listings & Trading Platforms
PEPE is actively traded on major cryptocurrency exchanges, including:
Binance: Offers the PEPE/USDT trading pair.
Bybit: Provides access to PEPE trading with various pairs.
Coinbase: Lists PEPE, facilitating easy trading for users.
In summary, Pepe Coin is demonstrating strong bullish momentum, supported by favorable technical patterns and increasing market participation. Investors should monitor key resistance levels and broader market trends to assess PEPE’s potential trajectory.
