Pepe Price Prediction for This Summer: Chart Breakdown, Bearish Warning, or Hidden Bullish Setup?
The PEPE price has had a rough few weeks. After a wild run in May that pushed the price close to $0.000017, the memecoin has slipped back under the $0.000011 level. Right now, it’s trading around $0.00001017, which places it well below its 200-day moving average. That’s often a warning sign for traders, suggesting momentum has faded and the trend is leaning bearish.
Looking at the 4-hour chart, there’s some evidence of weakening pressure from sellers. The RSI is currently sitting at 38, which is nearing oversold territory. When this level was last tested, we saw a short-term bounce, though it didn’t last long. Still, it’s a sign that the price may be close to finding a short-term bottom. Support has formed near $0.00000950, and so far, that level has held despite multiple tests.
The resistance zone to watch is around $0.00001250, which lines up with the 200-day moving average. That level rejected price attempts earlier in June and will likely remain a strong ceiling unless PEPE sees renewed volume or buzz. Until then, every bounce runs the risk of getting sold off again. The recent rally attempts have been shallow, and the lower highs on the chart confirm that bears are still in control.
But memecoins don’t always follow the rules of traditional technical analysis. One viral moment or high-profile tweet can flip the narrative quickly. That’s why even when the setup looks weak, PEPE still holds a sliver of upside potential.
PEPE Price Forecast: Bearish, Realistic, and Bullish Scenarios for Summer 2025
Let’s start with the bearish outcome. If PEPE loses its grip on the $0.00000950 support zone, it could fall fast. The next levels to watch would be $0.00000800, followed by $0.00000600, which served as the base before the big breakout in May. A move that low would wipe out most of the spring rally and likely trigger even more panic selling. Given the current trend and lack of buying volume, the chances of this bearish breakdown are around 45%.
The more likely scenario is a range-bound summer. If PEPE can hold the line at $0.00000950, it may stay trapped between that support and the resistance near $0.00001250. This type of sideways movement would reflect market uncertainty – neither bulls nor bears taking full control. It’s the path of least resistance and has about a 40% chance of playing out if trading conditions remain dull and no new news emerges.
Then there’s the bullish scenario. If Bitcoin regains strength or memecoins catch another wave of hype, PEPE could break above $0.00001250 and push toward $0.000015 or even $0.000017 again. That would require a clear shift in sentiment, some strong volume, and possibly an outside catalyst like an exchange listing or influencer-driven FOMO. This scenario is less likely in the current environment – realistically, the odds sit around 15% unless something big happens.
So, where does that leave us heading into the core of summer? PEPE is at a crossroads. It’s still holding support, but just barely. The chart looks fragile, but the story isn’t over yet. If support holds, there’s a shot at recovery. If it breaks, the downtrend deepens. Either way, PEPE’s next major move will likely set the tone for the rest of Q3. For now, all eyes are on $0.00000950.
Read also: Here’s How Much 100 Million Shiba Inu Tokens Could Be Worth if SHIB Price Hits $0.001
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