Pepe Coin (PEPE) Movement Prediction amidst Bearish Trend & Bitcoin Volatility Impact

Updated

March 18, 2025

Gambar Pepe Coin (PEPE) Movement Prediction amidst Bearish Trend & Bitcoin Volatility Impact

Jakarta, Pintu News – Pepe Coin has experienced consistent selling pressure in recent times, causing a bearish trend in the long term. Although there are signs of accumulation, pressure from holders of loss-making assets still dominates the market. In the short term, there is potential for a small price increase, but not enough to break through major resistance.

In the past two weeks, PEPE has traded in a range between IDR93.24 and IDR1,199.01. This pattern indicates consolidation amidst volatile price movements. Currently, the RSI indicator is starting to return above the neutral level of 50, which indicates a slight bullish momentum that could push the price towards the upper limit of the range. However, there is no signal strong enough to confirm a significant breakout.

Technical Support and Price Levels to Watch Out For

Technically, the Rp1,068.15 price level is a fairly strong support area, while the upper limit of the range is around Rp1,199.01. Repeated tests of this level indicate that the area is quite valid as a reference for traders. If the price manages to break this upper limit, the next upside target is around Rp1,222.50 to Rp1,467.00.

On the other hand, liquidity analysis shows that there are pockets of liquidity around IDR1,222.50. This supports the possibility that PEPE prices could increase by 5% in the coming days. However, the weak trading volume indicates that the price will most likely remain in its current consolidation pattern without any significant spikes.

Also Read: Crypto Analyst Ali Martinez Explains Potential Catalysts for Cardano (ADA) March 2025 Price

Bitcoin Volatility Impact on Pepe Coin (PEPE)

As with other crypto assets, PEPE’s price movements are also heavily influenced by Bitcoin volatility. Significant movements in BTC prices can cause price deviations outside of PEPE’s current range pattern. Especially in the New York trading session, high volatility can trigger more extreme price movements, both upwards and downwards.

Traders are advised to keep a close eye on global market dynamics as well as sentiment towards Bitcoin, as this could be the deciding factor on whether PEPE will experience a rise or drop back to lower support levels. If Bitcoin shows high volatility, the price of PEPE may deviate from the current pattern.

Conclusion

Although Pepe Coin (PEPE) shows upside potential in the short term, the main trend is still bearish. The price level of Rp1,222.50 is a possible short-term target, but there is no strong indication that the price will break out of the current range. Traders are advised to remain cautious and manage risk well, given the weak trading volume that supports the possibility of a significant breakout.

Also Read: Ripple (XRP) Price Surge Predicted After Crypto Wallet Launch in March 2025

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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.