$PEPE Prediction in 2025: Listing on Binance US, Coinbase, and Robinhood?
2024-12-27Bittime - After the initial hype regarding Pepe's listings on Binance, Coinbase, and Robinhood, the price of the meme coin has seen a steady decline. However, large investors (whales) see the current weakness as a buying opportunity, and analysts believe that Pepe could experience a big surge in 2025 due to increasing demand.
Pepe's (PEPE) Declining Price Performance
Pepe recently successfully listed on leading exchanges such as Binance, Coinbase, and Robinhood, which triggered a huge surge in Pepe's market capitalization. Even though Pepe's price has fallen by 25.3% in the last seven days, large investors are still accumulating large amounts of tokens.
PEPE Accumulation by Large Investors (Whale)
In the last 24 hours, one of the big investors has bought 475.3 billion Pepe worth IDR 132,960,000,000 (around $8.2 million). This heavy buying has retail traders optimistic about the possibility of a big surge in the coming weeks.
Also read Phe Trading Movement of 1.14 Trillion PEPE in 24 Hours: What Really Happened?
Current PEPE Price Analysis
Currently, Pepe is trading at IDR 276 (around $0.000017) with relatively flat intraday price movements and stable trading volume. Although Pepe is trading above the 100-EMA and 200-EMA moving averages on the PEPE/USDT daily chart, the Momentum indicator shows bearish dominance.
PEPE Technical Indicators
Since Pepe's MACD level is also below the signal line, analysts predict that Pepe's downward trend will continue. They predict price movement towards the S1 support level at IDR 162 (around $0.00001005).
Read too Pepe (PEPE) Vs Shiba Inu (SHIB) Comparison, Which Can Reach $1 First?
Potential Rebound in 2025
After this bearish wave is over, Pepe is expected to experience a rebound. The price surge towards the R3 resistance level at IDR 872 (around $0.00005378) in January 2025 is a hope for investors.
Read too How to Buy Pepe (PEPE)
Driving Factors for PEPE Price Surge
Some factors that could drive Pepe's price spike in 2025 include:
Increased Demand: As more users become interested in meme coins, demand may increase.
Listing on major exchanges: Listings on platforms such as Binance, Coinbase, and Robinhood can attract more investors.
Accumulation by Whales: Large purchases by large investors can create confidence in the market.
Conclusion
With listing on major exchanges and accumulation by large investors, Pepe shows the potential to bounce back. Despite the current decline, optimism among traders and analysts suggests that 2025 could be a promising year for Pepe. Investors are advised to monitor these developments and consider the opportunities that exist.
Frequently Asked Questions or (FAQ)
1. What is Pepe (PEPE)?
Pepe (PEPE) is a meme coin inspired by the famous cartoon character, Pepe the Frog. The coin has attracted the attention of many investors and traders in the cryptocurrency market, especially after its listing on major exchanges such as Binance, Coinbase, and Robinhood. Pepe is known for its high volatility and potential for significant price spikes.
2. Why is the price of Pepe (PEPE) experiencing a decline at this time?
Pepe's price has decreased by 25.3% in the last seven days due to factors such as profit taking by investors, bearish market conditions, and a temporary decrease in interest from retail traders. Despite this, large investors (whales) are still actively accumulating Pepe tokens, which shows that there is confidence in the potential for future price increases.
3. What to expect for Pepe (PEPE) in 2025?
Analysts predict that Pepe could experience a significant price jump in 2025, especially after completing its current decline phase. With increasing demand, listing on major exchanges, and accumulation by large investors, Pepe is predicted to reach the R3 resistance level of IDR 872 (approximately $0.00005378) in January 2025. However, like all cryptocurrency investments, there are risks to consider.
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Reference
TheCryptonomist, Cycle Top Pepe Price Prediction: 2025 Set to Be HUGE For PEPE After Binance US, Coinbase and Robinhood Listings, Accessed December 27, 2024
Author: IN
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