Pepe Coin (PEPE) Price: 8% Daily Gain Despite Major Holder Liquidating $15M Position

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Pepe Coin (PEPE) has surged 8% in the past 24 hours, breaking out of a multi-week symmetrical triangle pattern—a technical formation widely interpreted as a precursor to a significant bullish rally. This momentum comes despite a major sell-off by Robinhood, which liquidated $15 million worth of PEPE tokens. Remarkably, the price resilience highlights growing market confidence and underlying demand for this Ethereum-based meme coin.

Currently trading at approximately $0.000014, PEPE is capturing renewed attention from traders and analysts alike. With key technical indicators flashing buy signals and bullish chart patterns forming across multiple timeframes, the digital asset is poised for potential short- and long-term gains.

Technical Breakout: Symmetrical Triangle Confirmed

On the 4-hour chart, PEPE has broken out of a symmetrical triangle—a neutral pattern that typically resolves in the direction of the prevailing trend. In this case, the breakout is upward, suggesting strong buying pressure.

This pattern is characterized by converging support and resistance lines, indicating decreasing volatility before a sharp directional move. The measured move target from this formation points to a potential 12.24% increase, which could push PEPE’s price to $0.00001541 in the near term.

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The breakout has been supported by rising volume and positive momentum, reinforcing its validity. Additionally, the 4-hour RSI is holding above the 50 level and trending upward—signaling sustained bullish momentum rather than a short-lived pump.

Long-Term Bullish Pattern: Cup-and-Handle Formation

On the daily chart, PEPE appears to be forming a classic cup-and-handle pattern—a reliable bullish continuation signal used by technical traders across markets.

For this pattern to confirm, PEPE must break and close above the resistance level at $0.00001483**. Once that threshold is cleared, historical precedents suggest a potential rally of up to **91%**, targeting a price of **$0.00002836.

That level was last seen in December 2024 and would represent a major milestone for the meme coin if revisited in 2025. Notably, such a move would also align with broader bullish cycles in Bitcoin and Ethereum—key drivers for ERC-20 meme tokens like PEPE.

Key Resistance Levels to Watch

Traders should monitor two critical resistance zones:

A successful retest and hold above these levels would confirm stronger institutional and retail participation. Conversely, failure to break through may lead to consolidation before another attempt.

Market Sentiment Remains Bullish Despite Sell-Off

Robinhood recently sold approximately $15 million worth of PEPE**, marking one of the largest single-day liquidations by a major holder. Despite this, the exchange still holds **3.67% of the total supply**, valued at around **$209.9 million, making it the second-largest holder of the token.

What’s remarkable is that PEPE’s price not only held but advanced after the sell-off—an unusual reaction that suggests strong underlying demand. In typical market conditions, such large dumps trigger panic selling or sharp corrections. However, in this case, buyers absorbed the selling pressure efficiently.

This resilience points to increasing market maturity and growing interest in PEPE as a speculative yet strategic bet within the meme coin ecosystem.

Derivatives and Spot Market Confirm Momentum

The derivatives market is echoing bullish sentiment. The OI-weighted funding rate stands at 0.0127%, indicating that long positions are being actively funded—traders are betting on continued upside.

Meanwhile, spot market data reveals approximately $335,000 worth of PEPE was recently purchased, signaling fresh capital inflows. This dual momentum—across both spot and futures markets—adds credibility to the ongoing rally.

Technical oscillators further support the bullish case:

These indicators suggest that momentum is accelerating rather than peaking—a positive sign for sustained price action.

Analysts Forecast Strong Upside Potential

While short-term targets hover around $0.00001541, longer-term forecasts are even more optimistic. Some analysts project PEPE could reach **$0.000025 by Q2 2025, with more aggressive models suggesting a run toward $0.00002836** if broader crypto markets remain strong.

Such gains would be fueled by several factors:

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PEPE as a Beta Play on Bitcoin and Ethereum

Experts increasingly view PEPE as a high-beta asset relative to Bitcoin (BTC) and Ethereum (ETH). As BTC pushes past $107,000 and ETH climbs above $2,550, meme coins built on Ethereum tend to outperform during bullish phases.

Projections suggest Bitcoin could reach $140,000–$160,000 in 2025, while Ethereum may surge to $4,000 by year-end. If these targets are met, high-volatility assets like PEPE are likely to experience amplified gains due to their speculative nature and lower entry price points.

This makes PEPE an attractive option for investors seeking leveraged exposure to the overall crypto market without directly leveraging their BTC or ETH positions.

Frequently Asked Questions (FAQ)

Q: Why did PEPE’s price rise despite Robinhood selling $15M?
A: The market absorbed the sell-off due to strong underlying demand. Large holders often rebalance positions without impacting price when buyer interest is robust—indicating growing market depth.

Q: What is the significance of the symmetrical triangle breakout?
A: It signals reduced volatility followed by a directional move—typically in line with the prior trend. The upward breakout suggests buyers are in control.

Q: Is PEPE a good long-term investment?
A: While highly speculative, its technical patterns, holder base, and correlation with major cryptos suggest potential for substantial gains if broader market conditions remain favorable.

Q: What happens if PEPE fails to break $0.00001483?
A: Failure to break this resistance may lead to sideways consolidation. However, sustained support above $0.000014 would maintain bullish structure for a future attempt.

Q: How does funding rate affect PEPE’s price?
A: A positive OI-weighted funding rate (like 0.0127%) shows traders are paying to hold long positions—reflecting confidence in continued price increases.

Q: Can PEPE reach new all-time highs in 2025?
A: Yes—technical targets of $0.00002836 are within reach if Bitcoin and Ethereum maintain upward momentum and meme coin sentiment stays strong.

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Final Thoughts

Pepe Coin is demonstrating resilience and technical strength at a critical juncture. Despite significant selling pressure from one of its largest holders, the asset has not only stabilized but entered a breakout phase with clear upside targets.

With bullish patterns forming on both 4-hour and daily charts, strong derivatives positioning, and growing spot market interest, PEPE is emerging as one of the most watched meme coins of 2025.

For traders and investors alike, monitoring key resistance levels and broader market trends will be essential in navigating the next phase of PEPE’s journey.


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