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Pepe ($PEPE) Crypto Forecast: Down 5.5% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Pepe?

PEPE is a cryptocurrency token currently trading around $0.000013, with a potential rally on the horizon as the broader cryptocurrency market shows signs of recovery, with Bitcoin holding above $120,000.

Why is Pepe going down?

PEPE crypto is down 5.5% on Jul 23, 2025 13:51

  • Despite the positive sentiment and potential rally, PEPE experienced a strong bearish movement.
  • The high open interest in meme coins like PEPE, Dogecoin, and Shiba Inu may have led to increased volatility and profit-taking in the market.
  • The cryptocurrency market's broader recovery, particularly with Bitcoin's stability, could have shifted investors' focus away from meme coins like PEPE, resulting in a bearish trend in its price.
  • Traders might have capitalized on recent gains in meme coins to secure profits, contributing to the downward pressure on PEPE's price despite optimistic forecasts.

PEPE Price Chart

PEPE Technical Analysis

PEPE News

Pepe Price Forecast: PEPE eyes 20% rally as Open Interest hits record high

Pepe (PEPE) price holds steady around the weekly level of $0.000013 at the time of writing on Wednesday, suggesting a potential rally may be on the horizon.

https://www.fxstreet.com/cryptocurrencies/news/pepe-price-forecast-pepe-eyes-20-rally-as-open-interest-hits-record-high-202507230819

0 News Article Image Pepe Price Forecast: PEPE eyes 20% rally as Open Interest hits record high

Dogecoin, Shiba Inu, Pepe Open Interest hits record high, bulls target double-digit rise

Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) trade in the green on Friday, extending their weekly gains as the broader cryptocurrency market recovers with Bitcoin (BTC) holding above $120,000.

https://www.fxstreet.com/cryptocurrencies/news/dogecoin-shiba-inu-pepe-open-interest-hits-record-high-bulls-target-double-digit-rise-202507180717

1 News Article Image Dogecoin, Shiba Inu, Pepe Open Interest hits record high, bulls target double-digit rise

Pepe Price History

24.05.2025 - PEPE Crypto was up 8.4%

  • PEPE experienced a strong bullish movement today, along with other meme coins like DOGE and SHIB, following a sharp recovery from recent losses.
  • The announcement of a ceasefire between Iran and Israel on Monday helped fuel the recovery in meme coins, including PEPE, as investors regained confidence in the market.
  • Despite the recent bullish movement, there is still a risk of further losses for meme coins like PEPE, especially as the broader cryptocurrency market remains volatile and uncertain.
  • Investors should closely monitor market trends and news developments to make informed decisions regarding meme coins like PEPE, considering the potential for both gains and losses in the near future.

09.06.2025 - PEPE Crypto was up 6.5%

  • The rise in PEPE's value aligns with the current optimistic sentiment in the meme coin market, evident in the strong performance of coins like DOGE and SHIB.
  • The resurgence of meme coins, including PEPE, might be influenced by the overall market improvement.
  • PEPE's positive start to the week could be due to investor interest in potential breakout profits and key resistance levels within the meme coin sector.
  • Bitcoin's historic weekly closing price above $109,000 could have created a favorable environment for meme coins such as PEPE to flourish.

11.06.2025 - PEPE Crypto was up 17.2%

  • PEPE, along with other meme coins like Dogecoin and Shiba Inu, showed a strong bullish movement today.
  • The bullish momentum in meme coins is linked to the current strength of the broader cryptocurrency market, particularly with Bitcoin achieving new record highs.
  • Traders and investors are looking for potential further gains in meme coins like PEPE as they near crucial resistance levels on their daily charts.
  • The recovery and positive sentiment in meme coins are supported by the growing strength in the overall market, fostering a favorable environment for these alternative tokens to prosper.

30.05.2025 - PEPE Crypto was down 5.1%

  • PEPE had a bearish movement today despite the recovery seen in meme coins like DOGE and SHIB.
  • The bearish signals in meme coins could be due to profit-taking after a period of strong gains.
  • The geopolitical tensions and macroeconomic uncertainty may have contributed to the overall market volatility, impacting meme coins like PEPE.
  • The market movement of PEPE could also be a result of investors reassessing their risk appetite in the cryptocurrency space amidst the fluctuating conditions.

19.05.2025 - PEPE Crypto was up 5.9%

  • Despite recent losses in the meme coin segment, PEPE experienced a strong bullish movement today.
  • The broader crypto market's recovery at the start of the week likely contributed to the positive momentum in PEPE.
  • The bearish outlook and risk of correction mentioned in prior assessments may have been temporarily overshadowed by the market's overall positive sentiment.
  • PEPE holders might have taken advantage of the market recovery to drive up the token's price, showcasing the volatile nature of meme coins in response to market trends.

15.06.2025 - PEPE Crypto was down 5.6%

  • Despite the overall bullish market sentiment and gains in meme coins like DOGE and SHIB, PEPE experienced a strong bearish movement.
  • The bearish movement in PEPE could be attributed to profit-taking by investors after a period of significant gains.
  • It is possible that some investors shifted their focus from PEPE to other meme coins that were performing better, leading to the bearish movement in PEPE despite the positive momentum in the market.
  • Traders might have also reacted to specific news or developments related to PEPE that caused a sell-off, contrasting with the broader positive trend in meme coins.

23.05.2025 - PEPE Crypto was up 5.1%

  • Amid the overall downturn in the cryptocurrency market, PEPE demonstrated a notable upward trend.
  • The negative outlook on meme coins such as PEPE was influenced by holders realizing losses and a waning momentum, as suggested by on-chain data.
  • The market movement of PEPE may be linked to a change in sentiment or specific project developments that attracted investors.
  • While meme coins in general were anticipated to continue declining, PEPE's surprising upward movement could indicate unique factors that set it apart from its peers.

26.05.2025 - PEPE Crypto was down 5.2%

  • PEPE experienced a strong bearish movement today, in line with the broader trend of meme coins facing challenges in the cryptocurrency market.
  • The recovery of meme coins like DOGE and SHIB following the Iran-Israel ceasefire did not extend to PEPE, indicating specific factors affecting its performance.
  • Despite Bitcoin's steady rise, meme coins like PEPE are struggling to maintain their value, possibly due to the risk-off sentiment prevailing in the market.
  • The bearish signals seen in PEPE, along with other meme coins, suggest that investors may be turning cautious towards these speculative assets amidst the overall market uncertainty.

16.06.2025 - PEPE Crypto was up 7.3%

  • PEPE experienced a strong bullish movement today, following the overall trend of meme coins like Dogecoin and Shiba Inu.
  • The surge in derivatives interest and trading volume for PEPE indicates growing investor confidence and interest in the token.
  • The positive price forecast for PEPE suggests that it may continue its uptrend in the near future, especially as Bitcoin's price hits new record highs, boosting overall market sentiment.
  • The bullish momentum in meme coins, including PEPE, can be attributed to the renewed interest in cryptocurrencies and the positive market sentiment driven by Bitcoin's performance.

23.06.2025 - PEPE Crypto was down 5.5%

  • Despite the positive sentiment and potential rally, PEPE experienced a strong bearish movement.
  • The high open interest in meme coins like PEPE, Dogecoin, and Shiba Inu may have led to increased volatility and profit-taking in the market.
  • The cryptocurrency market's broader recovery, particularly with Bitcoin's stability, could have shifted investors' focus away from meme coins like PEPE, resulting in a bearish trend in its price.
  • Traders might have capitalized on recent gains in meme coins to secure profits, contributing to the downward pressure on PEPE's price despite optimistic forecasts.

19.06.2025 - PEPE Crypto was down 5.3%

  • Despite the positive sentiment in the broader cryptocurrency market and the recent gains in meme coins like Dogecoin and Shiba Inu, PEPE experienced a strong bearish movement.
  • The surge in derivatives interest and volume for PEPE indicated a potential uptrend, but the token failed to maintain its momentum and fell from its weekly high.
  • The market movement of PEPE could be attributed to profit-taking by investors after a period of gains, leading to a bearish trend despite the overall positive market conditions.
  • It seems that PEPE did not follow the expected trend of further gains like other meme coins, possibly due to specific factors affecting its individual performance within the market.

04.06.2025 - PEPE Crypto was down 8.3%

  • PEPE faced considerable bearish movement today despite the favorable atmosphere within the meme coin sector.
  • The resistance levels cited elsewhere likely obstructed PEPE's price performance, fueling a bearish trajectory.
  • While Dogecoin and Shiba Inu seemed poised for breakout advances, PEPE encountered selling pressure, potentially due to profit-taking or the absence of significant positive developments.
  • The market's attention on other meme coins approaching critical junctures and the possibility of additional gains may have shifted focus away from PEPE, contributing to its bearish trend.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.