Big Purchase of $3.45 Million Could Trigger Pepe Coin (PEPE) Spike, But There’s a Condition!

Di-update
June 25, 2025

Jakarta, Pintu News – Pepe Coin (PEPE) recently broke out of its descending trend channel, signaling a possible continuation of the price decline. Currently, the price is approaching a key horizontal support at $0.00000761, a point that previously triggered a rise of up to 112% on May 6, 2025. If this support can be recovered, there is a possibility of a price reversal for a second time. However, if this weakness continues, Pepe Coin (PEPE) may continue to slide to the $0.00000705 to $0.00000740 range.

On the technical side, the Moving Average Convergence Divergence (MACD) showed a bearish crossover, with the MACD line (-0.00000041) dropping below the signal line (-0.00000038), which reinforced the downward pressure. Momentum is currently weakening, but the bullish divergence could still trigger a reversal if there are buyers coming in.

Liquidation Zones and Their Effect on Price Movement

Pepe Coin’s (PEPE) liquidation heatmap shows the presence of a dense cluster between $0.00000867 and $0.0000093, which marks an area of strong liquidation resistance. The past hard liquidation near $0.0000082 indicates a previous stop-out, while the spike around $0.000009 signaled short liquidation during the upside move.

Currently, the price is around $0.0000087, indicating market uncertainty. If the price manages to cross $0.0000093, it could trigger a short squeeze, while a drop below $0.0000082 could reignite the downtrend. This cluster indicates the presence of trapped traders, and the zone could be a catalyst for sharp volatility. Vigilance remains important as the price crosses these critical levels.

Read More: Israeli Spy Arrested in Iran: Crypto Motives Behind Digital Espionage?

Potential Reversals and Triggering Factors

Whale’s large purchase of $3.45 million in Pepe Coin (PEPE) could be a catalyst for a price reversal, but only if several conditions are met. This purchase shows the confidence of large investors in the potential of Pepe Coin (PEPE), but the market must show a positive response to this purchase.

Technical indicators and market sentiment will be key in determining whether this large buying spree will trigger a price spike as it has in the past. Investors and analysts should closely monitor indicators such as trading volume and buying activity on exchanges to gauge the likelihood of a reversal.

Conclusion

In conclusion, Pepe Coin (PEPE) is currently at a critical junction, with the potential for a significant price reversal if several conditions are met. Investors should pay attention to key support and liquidation zones as important indicators for the next price direction. Decisions should be made with caution, given the high volatility and risks involved in the cryptocurrency market.

Also Read: Dogecoin Continues to Slump: Is this $480 Utility Coin the Wiser Choice in the Crypto World?

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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. Crypto trading activities are subject to 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.

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