- PEPE memecoin surges with high volume and strong short-term momentum.
- Whale activity and open interest boost bullish market sentiment.
- Key support at $0.0000037, while the immediate resistance lies near $0.000010.
The meme coin market is roaring back, and PEPE coin is leading the charge.
After a quiet holiday period, speculative appetite returned with force.
PEPE memecoin has surged over 61% in less than a week, reigniting retail and investor enthusiasm.
Other meme tokens like BONK, POPCAT, and MOG followed, showing gains between 20% and 75% over the past week.
This resurgence has pushed the total meme coin market cap above $46 billion, according to CoinMarketCap at press time.
PEPE coin has particularly captured attention due to strong trading volume and community activity.
Its 24-hour volume has exceeded $1.4 billion, confirming high liquidity and robust investor interest.
The Futures open interest for PEPE has also risen sharply, hitting $470 million, a bullish sign for leveraged traders.
Short liquidations totalling over $10 million in just a few days have added upward momentum to the price.
Whales are reportedly increasing their holdings, further strengthening the bullish narrative.
PEPE price technical analysis
Technically, PEPE has rebounded above key resistance levels at $0.000005648.
Its 7-day and 14-day gains stand at 61% and 69%, highlighting strong momentum in the short term.
However, traders should remain cautious, as PEPE is still below its 50-day and 100-day EMAs.
A large head-and-shoulders pattern is forming, signalling potential bearish risk if momentum fades.
This is further supported by the fact that the Relative Strength Index (RSI) for PEPE is above 74, indicating an overbought market.
However, the MACD shows a bullish crossover, reinforcing the possibility of further upside before an actual pullback occurs.
PEPE’s price remains 72% below the all-time high of $0.00002803, leaving room for potential long-term growth.
While recent pullbacks of around 2–3% suggest minor profit-taking, they do not negate the broader bullish trend.
PEPE coin price prediction
The meme coin rally has been fueled by a rotation of capital from more stable assets like Bitcoin and Ethereum.
Lower volatility in major cryptocurrencies has allowed speculative tokens like PEPE memecoin to shine.
Social sentiment also plays a role, as platforms and influencers share bullish setups and trading strategies.
If bullish momentum continues, PEPE coin could rise toward the psychological $0.000010 level.
The 50-day SMA and MACD signals suggest further upside is possible in the short to medium term.
However, the head-and-shoulders pattern and EMA resistance indicate traders should remain cautious.
The support at $0.0000037 is critical; a breach could trigger a retracement.
Overall, PEPE memecoin shows strong potential for gains, making it a key watch for speculative investors in the first quarter of 2026.
