The cryptocurrency market is not without dramatic price movements, and the currency $PEPE is no exception. As July 2025 approaches, traders are asking: Is #PEPE headed for a complete collapse, or will it hold and recover? Let's analyze the daily chart to see what the numbers really indicate.

PEPE Price Forecast: What does the daily chart of PEPE reveal?

PEPE/USD Daily Chart

Looking at the loaded daily chart, PEPE's price is trading around $0.000000920, with recent candles clearly showing a downward trend from the last peak near $0.000001500. The drawn pivot points show resistance around $0.00000150-$0.00000230 and support areas near $0.00000078-$0.00000050.

The relative strength index (RSI) is near 35, hovering close to the classic oversold threshold of 30. Generally, an RSI below 30 indicates that the currency is oversold and may attract buyers. However, with the RSI for $PEPE

Just above 35, there is still room for further decline before real exhausted buying begins.

Key support and resistance: Can they hold?

Using the Fibonacci levels shown on the chart:

The next critical support level is at the 0.618 Fibonacci retracement level, which is close to $0.00000078.

If this level breaks, the next line of defense may be the psychological level at $0.00000050.

A drop to zero is practically impossible due to market mechanics, but technically, if PEPE fails to maintain the $0.00000050 level, its price may retreat towards small-cap firms, leading to a loss of liquidity and market interest.

PEPE Price Forecast: To what level might it drop?

Let's do a quick calculation:

If PEPE's price breaks the support level of 0.618 at $0.00000078, the next logical target may be the previous low, which is close to $0.00000050.

This represents a potential drop of about $0.00000042 from current levels - equivalent to a decline of approximately 45%. Mathematically: decline = (0.00000092 - 0.00000050) / 0.00000092 * 100% ≈ 45.65% down.

Will PEPE stock collapse or rebound?

The chart indicates that the price of PEPE is under clear selling pressure, but the approaching relative strength index (RSI) near oversold suggests that a technical rebound cannot be ruled out. If buyers enter at a level between $0.00000078 and $0.00000050, we could see a short-term rise to test the levels of $0.00000100 and $0.00000120. However, for any substantial rise, PEPE must exceed $0.00000150 with strong trading volume - which seems unlikely without hype or new news.

Final Judgment: Should you be worried?

While PEPE stock reaching absolute zero is unrealistic, the chart suggests that if broader market sentiment remains weak, PEPE could drop deeper into lower sub-levels. For now, closely monitor support levels at $0.00000078 and $0.00000050 - they are the last barriers before PEPE slips into a highly liquid area.

PEPE's fate in July will largely depend on whether buyers can defend these key support areas. If they fail, expect more pain - but a quick technical rebound is also possible if overselling conditions spark speculative interest. #NODEBinanceTGE #USCorePCEMay #BTC110KToday? #BinanceAlphaAlert