The cryptocurrency markets specifically, diving into the PEPE coin news near the important resistance zone located at $0.00000900 showed that it had previously pushed down.
Projections suggested that PEPE could follow Trend 1 with a confirmation if PEPE breaks out above this resistance level enabling a price move towards $0.00001050 with potential reaching $0.00001100.
Bullish strength might be strengthened if the $0.00000900 support level successfully holds during a second test making further increases possible.
The rejection at this resistance area could activate Trend 2 path which would push prices downwards toward the $0.00000750 support line.
A takeover of control by sellers could initiate a deeper price drop that might reach $0.00000700.
Crossing above resistance would change market sentiment to bullish yet resistance failure would boost bearish forces.
The price behavior near $0.00000900 could decide which direction the trend could move.
A successful breakout could spark an upside momentum while rejection could result in another supportive test at lower levels followed by a new attempt for upward movement.
In late March 2025, there were bullish indications on PEPE’s weekly chart on Binance exchange adding into the potential for a breakout even if price retested lower support first.
PEPE coin price had advanced from an expanded flat low of a $0.00000530 C wave in November 2024 to $0.00000873, the potential start of wave 1 of an HTF impulse following an expanded flat correction.
B wave’s high had been previously traded at $0.0000130 in September 2024 prior to the correction.
The RSI for the week was 46.04, a whisker from a bullish cross, while the MACD was in the process of turning around from bear pressure to bull pressure at -0.00000003 as upward pressure continued to mount.
Price was capped at resistance at $0.00000880 and at support at $0.0000075. Breaking above $0.00000880 would help push PEPE to $0.0000114, reiterating the bullish push.
But to not hold at $0.0000075 would send it right back down to $0.0000035, thwarting the impulse.
Chart patterns and indicators hung in the balance that PEPE might move up higher again, but breaking below significant support levels would have been a reversal.
It’s worth noting that some altcoins were performing quite well but BTC dominance at 62% needs to break the trendline to give some room for an altseason.
For instance, PEPE led the likes of Shiba Inu (SHIB), and Maker (MKR) with 8.10%, 7.46% and 6.02% respectively, edging ahead of Bitcoin.
PEPE coin news also presented the potential for an altseason as the Bitcoin dominance showed a rate of approximately 62% during March 2025 that indicated a downward trend.
Bitcoin dominance reached its maximum point of 64% during early February 2025 but showed a downward movement during the same period until reaching 61% in March 2025.
A continued decline from a weakened market share would create conditions for an altseason. This would want the trendline broken a sustained stay below this level.
If Bitcoin’s market dominance decreased continuously in PEPE’s positive historical period then this could support PEPE surging from $0.00000873 to $0.0000114.
The Bitcoin dominance level above 61% or recovery to 64% would indicate PEPE needed to sell down to reach $0.00000750.
A confirmed drop below the trendline break at 61% would activate altcoin rallies yet a failure to break down would maintain Bitcoin dominance preventing PEPE from experiencing an upward rise.
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