Pepe has shown a slight recovery after days within the dip zone. Following our earlier prediction, the digital asset has recorded a +3% rise as anticipated. With the current action, technical analysis by analysts weighs out if the market will continue with the surge or if a bearish move will take place.
RSI and MACD action explained
RSI reads at 48.82 at the time of writing indicating that the market has neither bullish nor bearish tendencies. The RSI serves as a momentum oscillator that evaluates price movement velocity together with price changes. With such information, the display has no clear dominance between buyers and sellers when the value reaches 50. When the Relative Strength Index maintains a spot near the neutral area it signals that the token price will either undergo stabilization or face slight variations during the upcoming short period.
A shift of the RSI value above 50 might indicate rising market demand that can boost prices. The Moving Average Convergence Divergence (MACD) chart displays a minimal space between its MACD line and signal line. The current MACD value stands at -0.00000002 indicating a weak bearish pressure based on these readings.
However, as the MACD histogram shows increasingly smaller bars, indicating that the dip may be easing. The convergence of the lines suggests that a shift in momentum could occur, especially if the MACD moves into positive territory. A potential cross-over of the MACD above the signal line could act as a bullish signal.
Pepe’s current market performance
At the time of press, Pepe’s price shows a recent uptick with a 0.38% increase on April 5, 2025, reaching $0.05702. The market cap is at $2.95 billion, while the 24-hour trading volume is $634.57 million, reflecting a decrease of 30.66%.
Pepe’s tokens in supply is 420.68 trillion PEPE, matching its total supply. The coin has approximately 419.82K holders. In an intraday, the volume-to-market cap ratio was 21.82%. This increase follows a period of slight volatility, as seen in the 24-hour chart. The price peaked at $0.07036, but a slight decline brought it to $0.07021.
