Pepe Coin Experiences Significant Decline Following 75% Price Drop
Pepe Coin is experiencing significant selling pressure, having dropped more than 75% from its highest point this year. The widely recognized memecoin is currently valued at approximately $0.00000713, with a daily trading volume hovering around $865 million. Experts caution that the existing chart configuration suggests additional declines in the months ahead.
The token’s vulnerability arises from consistent failures to break through significant resistance levels and diminishing momentum across important time frames. Experts in technical analysis emphasize that if a significant reversal does not occur soon, Pepe may experience further declines, potentially leading it to reach multi-month lows.
Head-and-Shoulders Pattern Points to Extended Decline
On the daily chart, Pepe Coin has formed a classic head-and-shoulders pattern, which is commonly interpreted as a bearish signal. This pattern features a central peak that signifies the all-time high close to $0.000028, flanked by two shoulders located around $0.00001638.
The neckline of this formation is positioned at $0.000005, representing a significant area that has been tested several times since August of the previous year. Should Pepe fall beneath this neckline, experts forecast a target around $0.00000105, indicating a possible 85% drop from present values.
Pepe Forms Death Cross as 50-Day and 200-Day Averages Signal Prolonged Drop
The situation has deteriorated as the token’s 50-day and 200-day moving averages have recently intersected, creating what traders refer to as a “death cross.” This technical signal frequently suggests a prolonged downtrend.
Historically, such crossovers have been a precursor to extended correction phases in memecoins and lower-cap altcoins. Experts suggest that without a significant increase in buying volume, Pepe’s price could persist in its downward trend for the rest of Q4 2025.
Recommended Article: Pepe Price Holds Steady As Traders Watch Key Support Levels
Whale Selloffs Accelerate As Confidence Weakens
Recent on-chain data indicates that large investors and savvy market players have notably decreased their Pepe holdings. In the last month, institutional and large-wallet holders reduced their balances by 22%, indicating a move towards profit-taking.
Smart-money accounts currently possess approximately 1.67 trillion Pepe tokens, reflecting a 47% decrease from the prior month. This distribution pattern usually indicates a waning confidence and anticipation of additional price decline among seasoned market players.
Pepe Retail Holders Face Rising Volatility as Prices Stay Below Key Averages
Retail investors remain at the forefront of Pepe’s holder base, yet they are encountering heightened volatility and uncertainty. A growing number of individuals are choosing to limit their exposure as prices continue to hover beneath crucial moving averages.
Even with robust community involvement, market trends suggest a reluctance among traders who previously fueled Pepe’s remarkable rallies in 2023 and early 2024. Lacking new catalysts, the momentum driven by retail may fall short in reversing the current downtrend.
Ethereum Correlation Weakens as Pepe Diverges
Another issue for Pepe Coin is its diminishing connection with Ethereum, which has traditionally been a significant influence on memecoin sentiment. Despite Ethereum achieving new record highs recently, assets such as Pepe, Shiba Inu, and Baby Doge have not kept pace.
Experts view this separation as a signal that the excitement surrounding memecoins is beginning to wane. As liquidity moves towards more established altcoins, Pepe may encounter further challenges on its recovery journey in the short term.
Pepe Eyes Bullish Reversal if Price Reclaims Key $0.00001638 Resistance Zone
A possible bullish turnaround for Pepe hinges on regaining the $0.00001638 mark, which would effectively negate the right shoulder of its bearish pattern. Market participants are closely observing this area for indications of accumulation or a resurgence of whale activity.
Until confirmation is received, both technical and on-chain indicators suggest a prudent approach. The general sentiment continues to lean negative as market players recalibrate their forecasts for one of the most unpredictable memecoins of 2025.
