📈 Market Snapshot & Recent Moves
The current price of PEPE is hovering around $0.0000110–$0.0000120 USDT, with CoinGecko listing it at approximately $0.00001204, down ~13.8% over the past 7 days but with a ~4.5% move in the last 24 hours .
On-chain and derivatives indicators are showing renewed bullish sentiment:
The Meme Coin Season Index climbed from 12 to 41 in recent weeks, reflecting broader meme‑coin interest .
Coinglass shows positive funding rates for PEPE, and a long-to-short ratio of ~1.08, signaling traders are betting on a price upswing .
🧠 Technical Patterns & Analyst Signals
A golden cross has recently formed (a short-term moving average crossing above the long-term one), a classic bullish signal, with the token also forming a series of higher lows and briefly piercing a resistance level around $0.0000130 .
Analysts are highlighting a possible V-shaped recovery, as observed in other meme tokens like DOGE and SHIB, targeting double-digit gains in the near term .
Some forecasts suggest the next move up could push toward $0.0000140, but breaking above that may require stronger momentum or crypto market tailwinds .
📉 Week‑Ahead Forecasts
Several forecasting models or platforms project a modest decline of between –15% to –20% over the coming 7 days, anticipating price to range between $0.0000107 and $0.0000100 USDT .
Contrastingly, other technical commentary sees a potential upside, provided PEPE holds key support levels (~$0.0000114–$0.0000116) and BTC market sentiment stays positive .