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Pepe Coin's (PEPE) WEEKLY PRICE CLIMBSOVER 80% AS TRADING VOLUME INCREASES significantly

Memecoin Pepe Coin Exhibits 80% Weekly growth, Outpacing rival Meme Coins; Exponential 750% rise in Whale Activity and Technical Signals Predict Possible Additional 38-80% Increase.

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Memecoin Pepe Coin skyrockets by 80% in a week, outshining other meme coins; substantial whale...
Memecoin Pepe Coin skyrockets by 80% in a week, outshining other meme coins; substantial whale activity escalates by 750% and technical signs indicate a possible subsequent increase of 38-80%.

A Hoppy Rally: PEPE in the Spotlight

Pepe Coin's (PEPE) WEEKLY PRICE CLIMBSOVER 80% AS TRADING VOLUME INCREASES significantly

In the ever-evolving world of crypto, Pepe (PEPE) has sprung into the limelight, recording an astonishing 80% surge within just seven days. As of May 12, 2025, the meme coin rests at around $0.00001425.

The frog-themed token from the meme coin sector has managed to outcrowd other established names such as Dogecoin (DOGE) and Shiba Inu (SHIB) with its impressive 32% and 21% growth, respectively, within the same timeframe.

This remarkable jump has been supported by robust technical indicators. PEPE has cleared its 200-day Exponential Moving Average (EMA) and reached the 61.8% Fibonacci retracement level of $0.00001426. The Relative Strength Index (RSI) is currently above 70, signaling strong buying pressure despite the overbought conditions.

Similarly, the Moving Average Convergence Divergence (MACD) reveals a positive crossover and upward-trending histograms, marking a bullish trend. Remarkably, the Average Directional Index (ADX) stands high at 71.88, which is a rare reading that underscores the strong trend's resilience and improbable reversal in the short term.

Giant Leaps from Whales

Large investors have shown their interest in PEPE's bullish future with significant transactions. Data from IntoTheBlock shows that transactions between $1 million and $10 million have skyrocketed by an impressive 750%, while those between $100,000 and $1 million increased by 177.94%. This surge in whale trading indicates a strong bullish sentiment.

A recent example highlights a crypto whale swapping a position on TRUMP for a 10x long position on PEPE. This move has yielded an unrealized profit of $81,000, emphasizing the investors' positive sentiments for PEPE. The influx of retail traders has further boosted the overall trading volume by 40%.

Fueled Futures and Short Squeeze

Derivatives data further underscores market optimism. The open interest in futures trading has hit a record $595.36 million, up from $398 million in a matter of days. The long-to-short ratio has reached an unprecedented high of 1.09, with over $3 million in long positions liquidated within 24 hours and $1.14 million of them in just four hours.

Such rapid liquidations could lead to a "short squeeze" effect, where short sellers are forced to purchase tokens to cover their positions, potentially fueling further price increases.

Future Horizons and Potential Pitfalls

Analysts predict that $0.000016 serves as the next critical resistance level. If PEPE overcomes this hurdle, it may advance towards $0.000021 and potentially $0.000026, based on Fibonacci projections. Bold analysts even propose that PEPE could touch $0.00003864, in line with a rounding bottom pattern found on price charts.

However, a degree of caution is necessary. The RSI currently stands at 85.40, indicating that a minor price correction is a possibility. Technical support can be found at $0.000013, and $0.000010 could serve as a depth support if a pullback occurs.

In conclusion, PEPE traders eye the crucial $0.000016 resistance level, and a decisive breakthrough at this level could signify the continuation of the bullish trend, while failure may lead to a retest of support levels before another leg up.

Key factors underpinning PEPE's exceptional run include its high whale transaction activity, Bitcoin's broader impact on the crypto market, robust technical indicators, substantial open interest in futures markets, and the potential short squeeze effect. However, investors should remain aware that the crypto market can exhibit volatility, and it is essential to exercise caution when navigating its ups and downs.

  1. Investors are increasingly turning their attention from established cryptocurrencies like Dogecoin and Shiba Inu to the surging meme coin Pepe (PEPE), with some seeing potential parallels in the investment landscape between PEPE and Bitcoin.
  2. As large investors continue to show a bullish sentiment towards Pepe, with whale transactions skyrocketing and driving an influx of retail traders, some are contemplating whether the investment strategy for PEPE could mimic the success stories associated with Bitcoin's finance-altering journey in the world of investing.

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