{"id":8967,"date":"2025-05-25T19:16:40","date_gmt":"2025-05-25T19:16:40","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=8967"},"modified":"2025-05-25T19:16:45","modified_gmt":"2025-05-25T19:16:45","slug":"pepe-price-slips-amid-market-turmoil-but-technicals-hint-at-potential-rebound","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/05\/25\/pepe-price-slips-amid-market-turmoil-but-technicals-hint-at-potential-rebound\/","title":{"rendered":"Pepe Price Slips Amid Market Turmoil, but Technicals Hint at Potential Rebound"},"content":{"rendered":"\n<p>The price of <strong>Pepe (PEPE)<\/strong>, the second-largest meme coin on the Ethereum network, declined on <strong>Saturday, May 24<\/strong>, reflecting the broader downturn across the crypto market. Pepe dropped by <strong>6.02%<\/strong> to trade at <strong>$0.000014<\/strong>, nearly <strong>14%<\/strong> below its weekly high, as geopolitical tensions and macroeconomic risks spooked investors.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Market-Wide Selloff Follows Trump\u2019s Tariff Threats<\/strong><\/h3>\n\n\n\n<p>The retreat in Pepe coincided with a dip in Bitcoin and other altcoins after <strong>former U.S. President Donald Trump threatened to impose sweeping tariffs on European goods and Apple products<\/strong>. This announcement triggered a sharp risk-off sentiment across global markets.<\/p>\n\n\n\n<p>The <strong>total crypto market capitalization fell<\/strong> from <strong>over $3.5 trillion on Friday<\/strong> to <strong>$3.4 trillion on Saturday<\/strong>, signaling widespread profit-taking and investor caution heading into the weekend.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Whale and Smart Money Holdings in Decline<\/strong><\/h3>\n\n\n\n<p>On-chain data adds to the bearish outlook. <strong>Santiment<\/strong> reports that <strong>whale holdings of Pepe have dropped to 141.2 trillion coins<\/strong>, valued at approximately <strong>$1.4 billion<\/strong> the lowest since <strong>November 2024<\/strong> and a significant fall from <strong>165 trillion in February<\/strong>.<\/p>\n\n\n\n<p>Likewise, <strong>Nansen<\/strong> data shows that <strong>smart money investors<\/strong> defined as seasoned and historically successful market participants have been steadily trimming their positions. These investors now hold <strong>244 billion Pepe coins<\/strong>, down from <strong>380 billion a year ago<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Rising Exchange Balances Raise Alarm<\/strong><\/h3>\n\n\n\n<p>Adding to the concern, <strong>Pepe balances on centralized exchanges<\/strong> climbed to <strong>252.9 trillion coins<\/strong>, up from <strong>251.3 trillion earlier this week<\/strong>. This uptick typically signals potential selling pressure, as more tokens being moved onto exchanges often precedes increased liquidation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Technical Indicators Signal Possible Upside<\/strong><\/h3>\n\n\n\n<p>Despite the bearish fundamentals, Pepe\u2019s <strong>technical outlook remains promising<\/strong>. The daily chart shows the emergence of a <strong>golden cross pattern<\/strong>, with the <strong>50-day and 200-day Exponential Moving Averages (EMA)<\/strong> nearing a bullish crossover. Historically, this pattern has signaled long-term upside momentum in crypto markets.<\/p>\n\n\n\n<p>Additionally, Pepe has formed a <strong>rounded bottom pattern<\/strong>, typically viewed as a continuation signal in bullish trends. Should Pepe break above its weekly high of <strong>$0.00001625<\/strong>, analysts suggest the coin could rally toward a new record high of <strong>$0.00002840<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Mixed Signals in a Volatile Market<\/strong><\/h3>\n\n\n\n<p>Pepe\u2019s price drop reflects broader market anxiety stemming from macroeconomic headwinds and geopolitical tensions. The reduction in whale and smart money holdings, along with rising exchange reserves, points to cautious investor behavior.<\/p>\n\n\n\n<p>However, <strong>strong technical formations hint at a potential rebound<\/strong>, especially if sentiment stabilizes and buyers step back in. In the coming weeks, Pepe\u2019s price action will likely depend on both macro developments and whether key resistance levels can be reclaimed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of Pepe (PEPE), the second-largest meme coin on the Ethereum network, declined on Saturday, May 24, reflecting the broader downturn across the crypto market. Pepe dropped by 6.02% to trade at $0.000014, nearly 14% below its weekly high, as geopolitical tensions and macroeconomic risks spooked investors. Market-Wide Selloff Follows Trump\u2019s Tariff Threats The&#8230;<\/p>\n","protected":false},"author":3,"featured_media":8968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[92,946,281],"class_list":["post-8967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-exchange","tag-pepe","tag-price-analysis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pepe Price Slips Amid Market Turmoil, but Technicals Hint at Potential Rebound - Crypto News<\/title>\n<meta name=\"description\" content=\"Pepe price fell 6.02% to $0.000014 amid market-wide crypto selloff, whale exits, and rising exchange balances. 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