Pepe Coin (PEPE) Technical Price Analysis and Short-Term Price Prediction for February 24, 2025

Pepe Coin (PEPE) remains a volatile asset with dramatic intraday swings. In this article, we will delve into an in-depth technical price analysis of PEPE

Pepe Coin (PEPE) price analysis for today, February 24, 2025, reveals a 5.24% decrease in the last 24 hours. As a meme coin, PEPE is known for its dramatic intraday swings, and today's drop can be attributed to profit-taking and short-term market uncertainty. Despite the bearish momentum, traders closely follow the underlying fundamentals of PEPE, considering both technical indicators and broader market sentiment.

Pepe Coin’s price today is $0.00000886, and the trading volume in the last 24 hours is around $120,000. Pepe Coin’s price range over the last 24 hours is between a minimum of $0.00000870 and a maximum of $0.00000930. If we take the mid-range, which is $0.00000900, and multiply it by the total volume, which is $120,000, we get a fully diluted valuation in the range of $10,800.

Pepe Coin is currently ranked 3453 among all cryptocurrencies based on fully diluted market valuation, which might be surprising to some, considering the massive gains PEPE has generated in the last few months. From a technical standpoint, PEPE is now trading close to a critical support zone.

If the price continues dropping and fails to find sufficient buying pressure, a further sell-off might be observed. However, if buyers step in at these levels, we could see a potential price stabilization and even a slight recovery in the coming hours.

Pepe Coin’s price dropped below the 20-day Simple Moving Average (SMA), which might put additional pressure on the token. At the same time, the 50-day SMA is acting as another support level below the 20-day SMA. If the price continues falling and breaches the 50-day SMA, that could lead to a deeper sell-off.

On the other hand, a potential recovery from the current levels could see PEPE rising back toward the 20-day SMA, followed by the 50-day SMA, which might set the stage for a bullish crossover and a continuation of the uptrend.

The RSI indicator on the hourly chart shows that PEPE is not yet in the oversold territory, as the RSI line is hovering around the 40–50 neutral zone. This suggests that the token has room for further decline before reaching oversold levels, which could lead to a potential price reversal.

Moreover, the MACD indicator is trending lower and might be forming a bearish crossover, which aligns with today's price drop. However, any divergence between the MACD and price action could indicate a corrective bounce on the horizon. These oscillators, combined with trading volume trends, will be crucial in determining whether the recent sell-off is a temporary setback or part of a deeper trend.

Our short-term Pepe Coin price prediction on February 24, 2025, is cautiously optimistic. With PEPE trading at $0.00000886 following a 5.24% decline, the token appears to be at a critical juncture.

Based on the technical analysis and prevailing market sentiment, our prediction for PEPE on February 24, 2025, is as follows:

PEPE is likely to trade close to $0.00000886, with the possibility of slight upward movement to $0.00000920–$0.00000930 if buyers step in.

The token may experience a minor decline toward $0.00000840–$0.00000850 if bearish pressure continues.

Keep an eye on trading volume and oscillator trends to assess the strength of any price recovery or sell-off.