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The Pepe price surged 4% in the past 24 hours to trade at $0.000011623 as of 10:52 p.m. EST on trading volume that slumped 42% to $1.1 billion.
Pepe Price Bearish, Poised For A 19% Drop
The PEPE price over the past several months has shown a surge after the asset formed a double bottom pattern, a classic bullish reversal signal. This pattern led to a breakout in early May, where the Pepe price surged above both the 50-day Simple Moving Average (SMA) and the 200-day SMA, confirming a bullish phase.
However, the rally appears to have reached exhaustion near the $0.000016222 level, where a sharp rejection occurred, highlighted on the chart as a “Liq. Run” (liquidity run). This suggests a potential bull trap, where stop-losses above recent highs were taken out, only for PEPE to reverse quickly.
The double red arrows at this level reinforce this as a strong resistance zone, and the price of PEPE is now pulling back below the 0.5 Fibonacci retracement level, sitting around $0.000011623.
Meanwhile, the Relative Strength Index (RSI) is hovering at 44.78, which places it in neutral to slightly bearish territory. The RSI appears to be heading towards the 30-oversold region, indicating that sellers are currently gaining some momentum.
PEPE/USD Chart Analysis (Tradingview)
Pepe Price Prediction
According to the PEPE/USD chart analysis, PEPE may continue to decline in the short term. If the 0.618 Fibonacci support at $0.000010836 fails to hold, the next logical support target lies near $0.000009372, coinciding with the 0.786 level and 19% drop. This would complete a healthy retracement, taking the price of PEPE back to a Fair Value Gap (FVG) area.
However, should buyers defend the 0.618 zone and reclaim the 200-day SMA at $0.000013166, the uptrend may resume, targeting the previous high near $0.000016222 and potentially extending toward $0.000018575 (-0.27 Fib extension).
Meanwhile, investors are rushing to buy a new AI agent crypto called MIND of Pepe (MIND), which Jacob Bury, a popular YouTuber with over 56.7K subscribers, says is the next 10X crypto.
MIND of Pepe Presale Amasses Over $12 Million – Last Chance To Buy
The MIND of Pepe presale has ended after raising over $12 million in early funding, but there’s still a final opportunity to get in.
Buyers still have one last chance to purchase $MIND at list price, which is now available only via Ethereum, before the claim window opens on June 3 at 2 pm UTC.
Presale is over. 👁$MIND can now be purchased at listing price until launch.https://t.co/YQZ9DDOMKJ pic.twitter.com/zZ9e3LMIH5
— MIND of Pepe (@MINDofPepe) May 31, 2025
MIND of Pepe is a groundbreaking project that combines advanced AI with blockchain technology to redefine how traders navigate the complex cryptocurrency market. Built on the Ethereum blockchain, the project’s AI agent can learn, analyze, and interact autonomously online.
One standout feature is its ability to detect emerging trends in the Web3 space, especially on social media platforms like ‘Crypto Twitter’, before they gain widespread recognition. It then passes its intelligence to MIND token holders, giving them an edge in the market.
MIND of Pepe’s AI agent goes beyond passive observation and actively interacts with key individuals, platforms, and communities, and then delivers those insights directly to MIND holders through token-gated groups.
The team has also teased the release of the MIND of Pepe Terminal, where users can now access trading signals seamlessly.
The $MIND of Pepe Terminal is nearly upon us. 👁
What can you expect?
◎ Access to the latest signals
◎ Quick access to token purchasing page
◎ In-depth technical analysis
◎ Risk/reward ratio insights
◎ Real-time chart displaysWelcome to the future. Welcome to $MIND.… pic.twitter.com/IsnQWTa0vu
— MIND of Pepe (@MINDofPepe) May 22, 2025
MIND holders also have the opportunity to stake their tokens for a stratospheric 202% annual percentage yield (APY).
Currently, MIND tokens are priced at $0.0037515 and can be bought with either crypto or bank cards.
There are now less than 2 days left until MIND heads for DEX listings.
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