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PEPE Token Whale Grabs 506.2 Billion – Is a Breakout Imminent?

3d ago
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A big movement from a crypto whale has seen 506.2 billion PEPE tokens (worth $4.4 million) taken from Binance. Speculation on a likely price spike for PEPE has been started by the investor. Often, major acquisitions show bullish temperament, which boosts consumer confidence. Traders watching PEPE’s future breakout have a $3.2 billion market capitalization at present. Let us examine the situation, but will this whale-driven accumulation cause a price explosion, or is this only another hype-driven move?

PEPE Whale Accumulation and PEPE’s Market Outlook

Whale qianbaidu.eth’s recent removal of 506.2 billion PEPE tokens points to heavy accumulation, a customary bullish signal. Historical trends reveal that major whale activity usually results in price swings and more portfolio inflows. The movement of this whale might be indicating an imminent breakout, even though PEPE’s current price movement is consolidating. With a market capitalization of $3.2 billion, PEPE is a leading competitor in the meme coin industry. If purchasing pressure persists, PEPE might retest important resistance levels and preferably approach $0.0000070 in the short term. 

Still, one should be careful since meme coins are really volatile, and whale activities can occasionally presage profit-taking sell-offs. Technical indicators indicate mixed signals—although higher accumulation is a bullish factor, to keep upward momentum going, the PEPE token must maintain support above $0.0000055. If it fails, a fall toward $0.0000048 could follow. Whether the whale activity results in a real rally or a short pump will depend much on the next few days. Let’s take a look at the PEPE price prediction to see how this development impacts the price of PEPE.

PEPE Price Prediction for March 29, 2025

Price action creates a descending channel before entering a consolidation, marking a definite downtrend on the PEPE token graph. Support is maintained at $0.00000076; resistance is visible at $0.00000086 and $0.00000079. Sitting around the oversold territory, the RSI is at 30.11. This implies that selling pressure could be tiring, and a possible rebound would be right around the corner. With the MACD line under the signal line, the MACD indicator is still bearish. 

Chart 1: Analysed by vallijat007, published on TradingView, March 29, 2025

The histogram reveals a small decrease in selling pressure, therefore suggesting a potential change in momentum. If RSI begins recovering and PEPE keeps support at $0.00000076, the price may propel toward $0.00000079. Below this level, a breakout could push more upside to $0.00000086. Negatively, inability to maintain support might cause a fall toward $0.00000074 or below. Signals for a future trend reversal: traders should pay attention to RSI movement and any MACD crossover.

Future Outlook and Key Considerations

Though market circumstances will determine the result, the PEPE whale’s holding of 506.2 billion PEPE tokens suggests possible bullish momentum. Pepe will break resistance at $0.00000079 and aim at $0.00000086 if its support holds at $0.00000076 and the purchasing pressure rises. Weak momentum, however, might set off a descent toward $0.00000074 or even less. Since RSI is near oversold but MACD is still bearish, traders should exercise prudence. PEPE’s price direction depends on the next few days since whale-driven rallies might be short-lived.

The post PEPE Token Whale Grabs 506.2 Billion – Is a Breakout Imminent? appeared first on Coinfomania.

3d ago
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