{"id":1887,"date":"2025-06-03T15:07:16","date_gmt":"2025-06-03T15:07:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pepe-price-golden-cross-points-to-more-gains-as-smart-money-buys\/"},"modified":"2025-06-03T15:07:17","modified_gmt":"2025-06-03T15:07:17","slug":"pepe-price-golden-cross-points-to-more-gains-as-smart-money-buys","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pepe-price-golden-cross-points-to-more-gains-as-smart-money-buys\/","title":{"rendered":"Pepe price golden cross points to more gains as smart money buys"},"content":{"rendered":"
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Pepe price rose for four consecutive days as smart money investors bought the recent dip and as Ethereum crossed the resistance at $2,600.\u00a0<\/p>\n

Pepe coin (PEPE) climbed from last week\u2019s low of $0.000011 to a high of $0.00001285. This rebound occurred in a high-volume environment, with 24-hour trading volume surging by 40% to $1.05 billion.<\/p>\n

Pepe rallied for several reasons. First, the recent crypto market crash has stalled over the past few days. Bitcoin (BTC) has risen from last week\u2019s low of $103,000 to $105,400, while Ethereum (ETH) rose to $2,650<\/p>\n

Pepe is highly sensitive to Ethereum price movements because it is the second-biggest meme coin in its ecosystem after Shiba Inu (SHIB). For instance, it crashed by 81% between its high in November last year and its low in April, as Ethereum tumbled from $4,000 to $1,300.<\/p>\n

Pepe has also jumped as on-chain data indicates accumulation by both smart money and retail investors. The number of PEPE holders has risen to 446,000, up from 366,000 on January 1.<\/p>\n

<\/p>\n

Nansen data shows that tokens held by smart money investors have surged by 150% in the past 30 days to 642 billion coins. Similarly, those held by whales have increased by 4% to 10.06 trillion\u2014a sign that these investors expect prices to continue rising.<\/p>\n

<\/source><\/p>\n<\/picture>
Pepe smart money buying | Source: Nansen<\/figcaption><\/figure>\n

Additional data shows that the supply of Pepe coins on exchanges has been in a steady decline. It dropped to 104.85 trillion, down from 160 trillion at the start of the year. Falling supply suggests that investors are holding rather than selling.<\/p>\n

<\/source>
\n\"Pepe\n<\/picture>
On-chain data on Pepe holders and exchange supplies | Source: Santiment<\/a>\u00a0<\/figcaption><\/figure>\n

Pepe price technical analysis<\/h2>\n
<\/source>
\n\"Pepe\n<\/picture>
Pepe chart | Source: crypto.news<\/figcaption><\/figure>\n

The daily chart shows that Pepe has rebounded from a low of $0.000005815 in April to $0.00001260. It has formed a golden cross pattern, with the 50-day and 200-day moving averages crossing, a technical setup that often signals long-term bullish potential.<\/p>\n

Therefore, further gains will be confirmed if the price breaks above the key resistance level at $0.00001615, the May high. If that occurs, the next level to watch is $0.00002830, representing a 123% increase from the current price. A drop below the support at $0.000010 would invalidate the bullish outlook.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Pepe price rose for four consecutive days as smart money investors bought the recent dip and as Ethereum crossed the resistance at $2,600.\u00a0 Pepe coin (PEPE) climbed from last week\u2019s…<\/p>\n","protected":false},"author":1,"featured_media":1888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1887","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\/1887","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=1887"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1887\/revisions"}],"predecessor-version":[{"id":1889,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1887\/revisions\/1889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1888"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}