Pepe Whales Accumulate 3.95% Amid Price Drop, Signaling Potential Rebound

Generated by AI AgentCrypto Frenzy
Friday, Jul 4, 2025 8:17 pm ET3min read
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Pepe, a popular meme coin, experienced a decline in value in early July 2025 amidst increased whale wallet accumulation. The lack of formal statements from PEPE's anonymous leadership highlights the grassroots nature of its community-driven communication. This event impacted speculative trading as whales accumulated PEPE during price dips. Exchange reserves declined, indicating a market shift towards long-term holdings by significant asset owners. Bold movements in whale wallets occurred despite PEPE's price drop, with a noted purchase of 2.21 trillion PEPE. Market dynamics showed a decrease in exchange balances, suggesting potential bullish signals. Exchange reserves fell as whales bought more, possibly preparing for a market reversal. The lack of leadership comments on official platforms underscores the currency’s community reliance for market updates. Economically, the move could signal a rebound if RSI metrics hold and investor sentiment shifts. Historical mimetic coin patterns, resembling DogecoinDOGE--, offer a precedent for recovery. A price bounce is possible if whale activity influences sentiment. Technicals hint at renewed investor interest, driven by historical patterns in meme coins showing potential uplift moments after significant whale buy-ins.

PEPE whales increased their holdings by 3.95% as exchange reserves dropped. Technicals showed bearish pressure, but analysts eyed a 200x rebound if bulls regained control. PEPE plunged as whales quietly accumulated 303T tokens, a 3.95% spike that could hint at an explosive rebound ahead. As tariff fears rattled retail investors, PEPE’s smart money moved differently: exchange reserves dropped as big players shifted tokens to private wallets. The top 100 addresses now hold 303.21 trillion PEPE, a 3.95% increase over the past month. Such accumulation often precedes major price movements as whales position themselves ahead of retail traders. Exchange-held PEPE has decreased, suggesting investors are moving assets into private wallets—a bullish indicator that typically reduces immediate selling pressure. The steady rise in holders further indicates growing retail interest. The PEPE/USDT 30-minute chart illustrates a strong shift in price momentum and presents several key technical patterns over the observed period. Initially, the price experienced a steep decline starting from late June through July 1, forming a clear downtrend marked by lower highs and lower lows. This phase was accompanied by diminishing volume, which is typical of a cooling-off bearish move. However, beginning on July 1, a distinct reversal pattern emerged—a V-shaped recovery—as the price bottomed out and rapidly pumped upward. This recovery was supported by a strong uptick in volume, confirming bullish strength. Following this rebound, price action formed a local top near on July 3. The price then began retracing, forming a rounded top or distribution phase, which typically indicates weakening bullish momentum and the potential for a bearish reversal. The steady decline from the peak and the lack of aggressive buying volume confirm that sellers are regaining control. Technical indicators paint a concerning picture, especially with the MACD, which has formed a bearish crossover with both its lines positioned below zero, typically indicating potential downward pressure ahead. The recent short-term recovery appears to have concluded, giving way to a rounded top pattern that often precedes further declines. For any meaningful recovery to occur, two key conditions must be met. Firstly, buying volume needs to increase substantially. Secondly, the price must successfully break through the resistance level. Without these developments, the path of least resistance points downward, with emerging as the next likely support target.

Pepe is showing signs of strength as it forms a potential higher low at key support. With dynamic support intact and multiple confluences, a bullish reversal may be brewing. Despite broader market volatility, Pepe is showing early signs of a potential bullish reversal. The price action has respected a key dynamic support zone while simultaneously retesting a bullish order block that previously acted as resistance. These technical signals, combined with the 0.618 Fibonacci retracement level, suggest that Pepe may be forming a higher low, a structurally bullish sign if confirmed in the coming sessions. Dynamic Support Holding: Price has formed consecutive higher lows along a rising trendline. Bullish Retest of Order Block: Rejection from value area high has led to a healthy pullback to a former resistance zone, now acting as support. Confluence with 0.618 Fibonacci: Further validates the support zone for a potential bounce. After recently rejecting from the value area high, Pepe rotated back into a structurally significant support zone, a bullish order block that previously served as resistance. This pullback can be interpreted as a bullish retest unless invalidated. The rejection from the value area high was not followed by aggressive selling, suggesting buyers are still active and defending key zones. Supporting this bullish thesis is the presence of a dynamic ascending support line that has been respected since the last swing low. Each corrective move has found buyers along this trendline, and the most recent dip has once again tested this level. This repeated defense reinforces the higher low narrative, keeping the bullish structure intact. Adding further weight to this zone is the 0.618 Fibonacci retracement level, which aligns closely with both the bullish order block and the dynamic support line. This triple-confluence zone forms a strong technical foundation for price to bounce. If Pepe holds above this cluster of support, the odds of a bullish rotation toward the previous swing high increase substantially. While the overall market may remain in a corrective phase, Pepe’s localized structure remains intact. This suggests the altcoin is in a healthy consolidation within a broader uptrend, as long as price remains above the dynamic support. A breakdown below this level would invalidate the bullish setup, but for now, the trend structure remains positive. If Pepe holds above the dynamic support and confirms a higher low, expect a potential rotation toward the previous swing high. A breakdown of this level, however, would shift the structure to neutral or bearish.

In recent developments within the cryptocurrency ecosystem, Little Pepe has garnered substantial attention as it successfully secured over $3,500,000 in its funding phase, rapidly establishing itself as a prominent meme token on the EthereumETH-- blockchain for 2025. This achievement marks a notable advancement for the project, emphasizing its growing appeal and innovation in the digital asset space without overshadowing core events with unrelated elements.

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