{"id":13356,"date":"2025-10-14T14:28:23","date_gmt":"2025-10-14T14:28:23","guid":{"rendered":"https:\/\/bitunikey.com\/news\/this-chart-screams-danger-pepe-coin-price-could-plunge-85\/"},"modified":"2025-10-14T14:28:27","modified_gmt":"2025-10-14T14:28:27","slug":"this-chart-screams-danger-pepe-coin-price-could-plunge-85","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/this-chart-screams-danger-pepe-coin-price-could-plunge-85\/","title":{"rendered":"This chart screams danger: Pepe Coin price could plunge 85%"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Pepe Coin price has crashed by 75% from its highest point this year, and its risky chart pattern points to a prolonged crash that could push it to its lowest point since February last year.<\/p>\n<div id=\"cn-block-summary-block_0cc1e70add23696e023c4586a4f85658\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Pepe Coin price has formed a giant head-and-shoulders pattern on the daily chart.\u00a0<\/li>\n<li>This pattern points to more downside in the coming months.<\/li>\n<li>The token has also formed a death cross pattern on the daily chart.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Pepe (PEPE), the popular memecoin, was trading at $0.00000713 today, Oct. 14, with 24-hour volume at $865 million.<\/p>\n<h2 class=\"wp-block-heading\">Pepe Coin price has formed risky patterns<\/h2>\n<p>The daily time frame chart shows that the Pepe price has been forming a risky pattern since April last year. It has formed a head-and-shoulders pattern, which is made up of a head, two shoulders, and a neckline.<\/p>\n<p>Its head represents the all-time high of $0.000028, while the right and left shoulders were at $0.00001638. These shoulders were the highest points in March last year and on May 23.<\/p>\n<p>The neckline was at $0.000005, the lowest swing in August last year and on March 12. The price target in an H&amp;S is estimated by measuring the distance between the head and the neckline, which, in this case, is about 80%.<\/p>\n<p>Measuring the same distance from the neckline brings the target price to $0.0000105, which is about 85% below the current level. This target is its lowest level since February last year. Also, it has formed a death cross pattern as the 50-day and 200-day moving averages crossed.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The bearish Pepe Coin price outlook will become invalid if it jumps above the shoulder section at $0.00001638.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Pepe price chart | Source: crypto.news<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Whales and smart money investors have dumped Pepe<\/h2>\n<p>The bearish Pepe price forecast likely explains why whales and smart money investors have continued selling their coins. Smart money investors now hold <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.nansen.ai\/token-god-mode?tokenAddress=0x6982508145454ce325ddbe47a25d4ec3d2311933&amp;chain=ethereum&amp;tab=smart-money\" target=\"_blank\" rel=\"nofollow\">1.67 trillion tokens<\/a>, down by 47% in the last 30 days.\u00a0<\/p>\n<p>Similarly, whales have dumped their tokens by over 22% in the last 30 days to 4.9 trillion. Public-figure investors have also scaled back their holdings by 16% to 92.54 billion tokens. These investors typically sell their assets when they anticipate them to plunge.<\/p>\n<p>Pepe Coin price has also plunged as the correlation between Ethereum (ETH) and its memecoins has waned. While Ethereum recently jumped to a record high, top memes on the ecosystem like Shiba Inu, Baby Doge Coin, and Floki have all plunged.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pepe Coin price has crashed by 75% from its highest point this year, and its risky chart pattern points to a prolonged crash that could push it to its lowest&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13356"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13356\/revisions"}],"predecessor-version":[{"id":13358,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13356\/revisions\/13358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/13357"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}