{"id":13919,"date":"2025-10-21T13:05:31","date_gmt":"2025-10-21T13:05:31","guid":{"rendered":"https:\/\/bitunikey.com\/news\/top-reasons-pepe-coin-price-is-at-risk-of-a-steeper-crash\/"},"modified":"2025-10-21T13:05:36","modified_gmt":"2025-10-21T13:05:36","slug":"top-reasons-pepe-coin-price-is-at-risk-of-a-steeper-crash","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/top-reasons-pepe-coin-price-is-at-risk-of-a-steeper-crash\/","title":{"rendered":"Top reasons Pepe Coin price is at risk of a steeper crash"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Pepe Coin\u2019s price has dived by 76% from its November high into December, and a combination of technical and fundamental factors points to a steeper crash in the near term.<\/p>\n<div id=\"cn-block-summary-block_2671a93dc2de158e37e6ad4c04aec11d\" 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 large head-and-shoulders pattern.\u00a0<\/li>\n<li>It also formed a descending triangle pattern on the daily chart.<\/li>\n<li>Whales have dumped, while the futures open interest has slumped.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Pepe Coin price technicals hints at further downside<\/h2>\n<p>Pepe Coin (PEPE) token has plunged in the past few weeks, moving from a high of $0.00001667 in May to the current $0.0000067.\u00a0<\/p>\n<p>The price has moved below the key support at $0.0000091, the lower side of the descending triangle pattern. Also, the token has dropped below the 50-day and 200-day moving averages. The price has remained below both averages after forming a death cross pattern on August 27.<\/p>\n<p>One of the top technical risks is that Pepe Coin\u2019s price has been forming a head-and-shoulders pattern since March last year. This pattern\u2019s head was at $0.00002840, while the shoulders were at $0.00001692. The neckline was at $0.0000057.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Therefore, the most likely Pepe price forecast is bearish, with the initial target at $0.000005754. A plunge below that level will point to further downside, potentially to this month\u2019s low at $0.000002793.<\/p>\n<p>The bearish Pepe Coin price prediction will become invalid if the price moves above the key resistance level at $0.00000911.<\/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\">Falling demand and whales exiting<\/h2>\n<p>Fundamentals also suggest that the coin has more downside in the near term. For example, <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\">Nansen data<\/a> suggests that whales and smart money investors have dumped their tokens recently.\u00a0<\/p>\n<p>Whales have reduced their holdings by 20% in the last 30 days to 4.89 trillion. They held over 6.13 trillion tokens at the highest level in September.<\/p>\n<p>Public figure investors have continued to dump their tokens, a sign that they expect the crash to continue. They hold 91.94 billion tokens, down from 92.5 billion last week and 100.8 billion at the highest level in September.<\/p>\n<p>Smart money investors have also sold their Pepe tokens, reducing their holdings by 38% in the last 30 days.\u00a0<\/p>\n<p>Additionally, CoinGlass data reveals that the weighted funding rate has remained in the negative zone in the past few days. Also, the futures open interest has plummeted to $250 million, down sharply from the July high of $1.02 billion. The futures open interest has moved to the lowest level since April 10.<\/p>\n<p>The daily trading volume has also moved from the year-to-date high of $5 billion to less than $600 million today. All these are signs that the coin\u2019s demand has largely evaporated.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pepe Coin\u2019s price has dived by 76% from its November high into December, and a combination of technical and fundamental factors points to a steeper crash in the near term.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13919","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\/13919","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=13919"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13919\/revisions"}],"predecessor-version":[{"id":13920,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13919\/revisions\/13920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/684"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}