On April 8, 2025, Pepe (PEPE) experienced a modest 1.98% increase in its price, moving from $0.000000612 to $0.000000616. This surge, though small, has sparked interest in whether it will continue through April 9. Examining the technical indicators, including the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), may provide insights into the token’s potential future movement.
PEPE technical indicators overview
RSI, an indicator that measures the strength to a particular price level reads at 46.47. This puts PEPE in a neutral territory, in a situation that is neither oversold or overbought. In general, the value below 30 is regarded as oversold, while the value of above 70 is considered overbought. Consequently, its RSI shows that there is some upward movement likely if the buying pressure rises for PEPE.
The MACD, another key technical indicator, shows a different story. The MACD line is currently below the signal line, with a value of -0.000000010 compared to the signal line at -0.000000033. This indicates a bearish momentum, as the MACD line has not yet crossed above the signal line. The histogram shows negative values, confirming that selling pressure is still present.
At the time of writing, PEPE was exchanged at a price value of $0.00006149, taking a 4.22% decline in just one day. The market cap read at $2.58B, with a total of $721.13M traded and a dip of 57.03%.
Market movement revealed
PEPE maintains a fixed total supply of 420.68 trillion tokens same to the ones in supply. The volume-to-market-cap ratio stands at 28.05%. Price data reveals fluctuations across $0.00006394 to its present price point. With the technical analysis and price movement revealed, the PEPE price action appears to be at a crucial juncture.
The neutral RSI signals that if the market looks positive, PEPE could continue its upward movement. The MACD indicates that gains would be capped unless buying pressure intensifies significantly, despite the fact that the MACD’s bearish momentum has prevailed. These indicators suggest that the price may have short term fluctuations, and a continued rise may happen if the conditions of the market will coincide.
