Pepe Coin (PEPE) Shines Again, Is it Time to Buy at the End of March 2025?

Jakarta, Pintu News – Pepe Coin (PEPE), a meme-inspired cryptocurrency, is back in the spotlight among traders for its remarkable resistance above its 100-day daily moving average. This technical strength is fueling speculation about a potential bullish trend continuation that could revive its upward momentum.

With traders keeping a close eye on price movements, a break above the nearby resistance could confirm a bullish continuation, opening up opportunities for further gains.

Pepe Coin (PEPE) Recent Technical Analysis

Pepe Coin (PEPE) showed steady price movement, successfully holding above key support levels and maintaining bullish momentum. After bouncing off the recent low, the meme currency managed to stay above important moving averages, indicating that buyers are still in control of the market.

This stability indicates that there is no deeper drop and the uptrend is still maintained. Technical indicators support a bullish view for Pepe Coin (PEPE). The Relative Strength Index (RSI) remains in positive territory, reflecting continued buying momentum. If the RSI stays on its current course, it could strengthen the case for further upside potential, suggesting that the uptrend still has room to develop.

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Bullish Scheme: Potential Rise in Pepe Coin (PEPE) Price

Trading volumes have remained consistent, indicating continued interest from market participants. However, upcoming resistance levels will play a crucial role in determining whether Pepe Coin (PEPE) can extend its rally or face a temporary slowdown. If the bullish momentum strengthens, the price could push towards the $0.00000766 resistance level.

A decisive break above this level serves as a strong bullish confirmation, paving the way for further gains. If buying pressure increases, Pepe Coin (PEPE) might move towards the next significant resistance, attracting more traders looking to capitalize on the uptrend.

Bearish Scenario: Key Support Levels If Momentum Shifts

Although Pepe Coin (PEPE) remains in bullish territory, a shift in momentum will open up opportunities for potential drawdowns. If selling pressure increases, the first key support to watch is the moving average level which has been acting as a price floor. A break below this level could weaken bullish confidence and trigger a deeper decline.

Further declines increase the risk of a drop towards secondary support zones such as $0.00000589 and $0.00000398, where buyers may try to take control. Failure of the bulls to defend these levels will open the door for a test of other support levels. Moreover, a drop in volume and bearish crossovers on momentum indicators such as MACD or RSI could further confirm the shift in sentiment.

Conclusion

For now, the uptrend is intact, but traders should stay alert for signs of weakness. Holding above this key support zone will be crucial in determining if the bulls can maintain control or if the bears will take over.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Pepe Above Moving Average. Accessed on March 24, 2025
• Featured Image: Generated by AI