Is PEPE About to Explode Again? Chart History Says Yes

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Alejandro Arrieche

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Alejandro Arrieche

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Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has...

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March 24, 2025 15:16 EDT

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Pepe (PEPE) has gone up by 10.3% in the past 24 hours to stand at $0.000007935 as the market keeps recovering from the sell-off that took place earlier this month.

The meme coin has been going up in the past two weeks and has started this third week on a strong note. Trading volumes have surged by 71% in the past day as well and currently stand at $605 million.

Although other tokens have also experienced price upticks lately, PEPE is currently the best-performing meme coin of the top 5 and its market capitalization has now distanced itself from Official Trump (TRUMP) by nearly $1 billion. This solidifies PEPE’s stance as the third most valuable token in this category.

After retreating sharply from at the end of January, open interest in PEPE has been on an uptrend since March 13 as market sentiment hit record lows and panic reigned.

This could be an early indication that the market has bottomed. From March 13 to March 23, OI for this meme coin increased by 30%.

This may explain why the price of the asset has been rising lately as futures holders are buying the token in the spot market to hedge their exposure to the token as demand for PEPE contracts has kept rising.

PEPE Could Rise 35% from Current Levels if Its Breaks This Resistance

Moving to the charts, PEPE’s daily price action shows that positive momentum is picking up its pace. The token seems poised to retest its most recent lower high at $0.00000900.

A bullish breakout above this level would effectively overturn the downtrend and could mark the beginning of a fresh bullish cycle.

Momentum indicators are also favoring a bullish outlook for PEPE as the Relative Strength Index (RSI) remains above the signal line. Today, the oscillator has distanced itself significantly from that line. This typically means that positive momentum is accelerating.

At current prices, PEPE offers an upside potential of around 15% if it retests its next key resistance, which seems highly likely at this point. Meanwhile, if a bullish breakout occurs, the coin could experience short-term gains of up to 35% as it could move near the $0.000011 level.

An improvement in the performance of PEPE would also help other Pepe-inspired meme coin like MIND of Pepe ($MIND) – one of the best AI crypto presales of 2025.

MIND of Pepe ($MIND) Leverages AI to Provide Valuable Market Insights to Token Holders

MIND of PEPE (MIND) is an AI agent token that leverages both the power of AI and the popularity of the Pepe the Frog meme to captivate social media users.

The agent is designed to engage with high-profile accounts on platforms like X, gathering insights from these interactions and sharing them exclusively with $MIND holders.

This gives investors a strategic edge in navigating current market conditions and identifying high-potential opportunities.

As the agent grows its influence and follower base, it may also begin launching its own meme coins. $MIND holders will have first access to these tokens before they’re released to the broader market.

To buy $MIND, simply head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet). You can either swap USDT, ETH, or BNB for this token or use a bank card to make your investment.