PEPE coin’s market structure showed stability, maintaining a 2.1% price increase. The price closed at $0.00001780, reflecting a sideways trend.
The chart revealed consolidation near the $0.00001750 zone, following a rejection from PEPE’s $0.00002836 in late December.
The moving average acted as resistance during the downtrend, highlighting bearish pressure. Support was visible at $0.00001500, which was not breached.
This created a potential double-bottom pattern, signaling possible reversal. The price might retest $0.00001500 before recovering.
Resistance remained at $0.00002836, with potential breakout scenarios.
Short-term consolidation suggested a neutral bias, with a breakout contingent on breaking $0.00002000.
– Advertisement –
If support failed, PEPE coin could test $0.00001000, extending bearish momentum. A rebound from $0.00001500 would indicate recovery, aligning with historical trends.
Future price action would depend on market sentiment and volume. Buyers reclaiming $0.00002000 could target higher resistance. Sellers defending key levels would maintain downside pressure.
PEPE Coin Spot Netflow and Market Cap Trends
PEPE coin spot netflow and market cap trends revealed notable price volatility and capital movements during the observed period.
Positive netflows peaked near $120M in late November, correlating with a significant price increase.
Negative netflows reached nearly -$90M in mid-November, marking a sharp decline in capital inflows.
From March to July, netflows fluctuated between -$30M and $30M, with minimal price impact. In August, price increases aligned with sustained positive netflows near $60M.
By mid-September, netflows declined, causing stagnation in price near $0.00000050. October showed mixed netflow activity.
Positive inflows above $30M briefly lifted prices, but consistent outflows in early November led to sharp declines.
The late November surge in netflows to $120M coincided with a price rally, peaking at $0.00000200.
However, price corrections followed as inflows decreased. Sustained negative netflows could maintain downward pressure, testing support near $0.00000050.
Conversely, sustained positive netflows above $60M would support upward price momentum.
Future trends depend on the balance of inflows and outflows, influencing price stability and market sentiment.
PEPE Dominates Social Sentiment
PEPE coin dominated social media with 21.3K posts, 3.63M interactions, and 2.20% social dominance, ranking second in activity.
DOGE led the chart with 28.5K posts, 6.94M interactions, and 2.90% dominance, showcasing its superior engagement.
UFD followed with 17.1K posts and 2.55M interactions, achieving 1.75% dominance.
FARTCOIN matched PEPE’s dominance at 1.20%, posting 12.4K posts and 6.44M interactions, demonstrating solid engagement.
PENGU and MLG both had 12.2K posts each, achieving 4.22M and 953K interactions, respectively, securing 1.20% and 0.70% dominance.
SHIB recorded 11.1K posts, 1.55M interactions, and a 1.15% dominance rate.
BONK and PNUT showed similar interactions, with 7.01K posts and 6.79K posts, achieving 0.70% and 0.65% dominance.
GIGA ranked last with 6.45K posts and 6.35M interactions but held a modest 0.65% dominance rate. DOGE and PEPE coin remained pivotal players due to their vast interactions.
Future shifts in dominance could hinge on sustained engagement. Minor tokens like PNUT and BONK might attract attention with increased social activities, driving higher interactions.
