PEPE Surges 11% After Breaking Key Resistance

Key Takeaways
PEPE, the third-largest memecoin, has shown a positive price trend after breaking through a key resistance level. On March 26, 2025, PEPE recorded an 11% increase as the crypto market overall recovered. Analysts see further potential for a 25% rise, provided PEPE remains above the $0.0000080 mark. Additionally, increasing participation from long-term investors suggests growing confidence in the asset.
PEPE’s Price Performance and Resistance Levels
After weeks of a downward trend, PEPE broke through a crucial resistance line that had been in place since February 2025. This technical breakout, combined with a general crypto market recovery, led to a rapid price surge. According to technical analysis, PEPE remains bullish as long as the price stays above $0.0000080. If this level holds, there is a possibility of a further 25% increase.
At the time of analysis, PEPE’s Relative Strength Index (RSI) stood at 59, indicating sustained upward momentum. However, despite the positive price movement, trading volume dropped by 10%, suggesting lower market participation compared to the previous day.
Increasing Participation from Long-Term Investors
Data from blockchain analytics firm Santiment shows that the number of PEPE holders with balances between 100,000 and 10,000,000 tokens has increased. This suggests growing confidence in the long-term value of the memecoin. Long-term investors appear to be showing increasing interest in PEPE, which could help support price stability.
Improved Market Sentiment
In addition to technical indicators, market sentiment also shows positive signals. Santiment’s Social Dominance and Weighted Sentiment data indicate growing optimism among investors. Since early March 2025, the sentiment score has risen from -0.77 to +0.387, pointing to an increasingly positive perception on social media. This trend could further drive demand for PEPE.
Our Assessment
PEPE is showing strong recovery and could continue to rise if buying interest remains high. The combination of technical strength, growing confidence from long-term investors, and improved market sentiment supports the continuation of the upward trend. However, the decline in trading volume remains a risk factor, indicating a potential short-term correction. Investors should closely monitor the $0.0000080 level, as it serves as a crucial support for future price movements.
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