{"id":85540,"date":"2025-08-01T08:43:46","date_gmt":"2025-08-01T08:43:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=85540"},"modified":"2025-08-01T08:43:46","modified_gmt":"2025-08-01T08:43:46","slug":"pepe-price-drops-9-panic-sell-off-or-whale-opportunity","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=85540","title":{"rendered":"PEPE Price Drops 9%: Panic Sell-Off or Whale Opportunity?"},"content":{"rendered":"

TL;DR<\/p>\n

PEPE trades near $0.00001126, with analysts warning of a slide toward $0.0000097.<\/span>
\nRSI near 27 shows oversold conditions as whales increase holdings and exchanges see outflows.<\/span>
\nThe symmetrical triangle pattern suggests a potential breakout, but the price remains under critical short-term support.<\/p>\n

PEPE Price Drops Amid Heavy Trading<\/h2>\n

Meme-inspired cryptocurrency PEPE fell nearly 9% in the past 24 hours. The token was trading at $0.00001 at press time, with a 24-hour volume of $817,709,519. Over the past week, PEPE is down 13% as strong selling and liquidations pressure the market.<\/span><\/p>\n

Crypto analyst Ali Martinez stated that PEPE must reclaim $0.0000118 as support to avoid a fall toward $0.0000097. The token is currently around $0.00001126, slightly under that level. If it fails to recover, the next supports sit near $0.0000108, $0.0000105, and $0.0000097.<\/span><\/p>\n

$PEPE<\/a> needs to reclaim $0.0000118 as support to avoid a potential drop to $0.0000097! pic.twitter.com\/zLshQB3irL<\/a><\/p>\n

\u2014 Ali (@ali_charts) August 1, 2025<\/a><\/p>\n\n

On the 4-hour chart, Bollinger Bands are widening as <\/span>PEPE<\/span><\/a> trades near the lower band. This setup reflects strong selling pressure and increased volatility. The token is below the middle SMA line, keeping the short-term trend negative.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is near 27, placing the token in the oversold area. Such readings often point to strong selling momentum and the chance of a short-term bounce. A sustained move above 30 on the RSI would suggest that buyers are stepping in.<\/span><\/p>\n

<\/a>Source: TradingView<\/p>\n

Market Pattern Shows Lower Highs<\/h2>\n

Analyst Token Talk <\/span>noted<\/span><\/a> that PEPE is moving inside a symmetrical triangle on the daily chart. The price action is testing the $0.0000108 \u2013 $0.0000115 support zone, and a breakout above the triangle could aim for $0.0000130 \u2013 $0.0000145.<\/span><\/p>\n

The market has been printing lower highs and facing repeated selling. If PEPE stays below $0.0000118, the downtrend could extend toward $0.0000097, which is the next major support area.<\/span><\/p>\n

Whale Activity and Exchange Balances<\/h2>\n

Nansen data shows whale holdings at 305.52T, up 3%, while exchange balances are 250.62T, down 2%.\u00a0<\/span><\/p>\n

<\/a>Source: Nansen<\/a><\/p>\n

Whales are increasing their positions as fewer tokens are available on exchanges. This takes out some near-term selling pressure, but the market remains short-term weak.<\/span><\/p>\n

The post PEPE Price Drops 9%: Panic Sell-Off or Whale Opportunity?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR PEPE trades near $0.00001126, with analysts warning of a slide toward $0.0000097. RSI near 27 shows oversold conditions as whales increase holdings and exchanges see outflows. The symmetrical triangle pattern suggests a potential breakout, but the price remains under critical short-term support. PEPE Price Drops Amid Heavy Trading Meme-inspired cryptocurrency PEPE fell nearly 9% […]<\/p>\n","protected":false},"author":0,"featured_media":85541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85540"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85540"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/85541"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}