How deep can Pepe Coin (Pepe) fall after the sale triggered by the whale?

• whales sold over 1.1 trillion pepe coins.
• technical indicators indicate a potential for a further decline.
• The immediate support is $ 0.00000782, with the risk of a decline to $ 0.0000060.

PEPE COIN (PEPE) is in a downward spiral and its price crashed to around $ 0.000012, which corresponds to a decrease of 17 % in the last 24 hours and a decrease of 28 % last week.

This strong downturn has brought Pepe to the lowest level since November 13th, with the coin being traded 54 % under its maximum.

whales sold over 1.1 tons of pepe coins

The main trigger for this drop in prices seems to be the considerable sale of great investors who are often referred to as "whales".

These investors brought over 1.1 trillion pepe tokens to the stock exchanges in a very short time and thus led to an oversupply on the market.

Many whales have recently sold their entire assets

0xfbfc… 07 paid 430b $ Pepe (6,39 million USD) to #binance 9 hours.

Marketparticipant.eth has paid 325.5 billion #binance ago.

0xb1a2… 6731 sells 200.88b $ usdc in the last 48 ... pic.twitter.com/ojljpeubetv

- Lookonchain (@lookonchain) 27. January 2025

These movements not only increase the range of PEPE on the stock exchanges by 1.31 % (from 237.18 trillion to 240.28 trillions), but also indicate pessimistic views among the big owners, which further heated up market instability.

The technical analysis indicates a more pessimistic mood

The technical analysis of the PEPE price is full of signals for a possible further decline:

• Cross of death : The convergence of the weighted, gliding 200-day and 50-day average indicates a cross of death, the confirmation of which would consolidate the bearish mood.
• support and resistance levels : Pepe is currently acting within a range set in April 2024 with boundaries between $ 0.00000633 and $ 0.00001461. The immediate level of support that needs to be observed is around $ 0.00000782, with further support at $ 0.0000060, a level that was last seen in August.
• macd and rsi : Both the MACD and the relative strength index (RSI) show continuing declines, which indicates that the sales pressure could last and that the price could press in more detail to these support levels.

PepeepeDt " Tradingview

will the PEPE Prize soon recover?

After the break -in, the market mood around Pepe has developed significantly negatively, and clever investors have drastically reduced their commitment. The number of Smart Money owners dropped from 91 to 69 in December, with their stocks of almost 12 trillion to 9.5 trillion pepe tokens.

This sale by informed large investors signals a lack of confidence in the short -term recovery of Pepe.

In view of the current whale activity, the technical pattern and falling investor confidence, Pepe Coin could lead to further price declines. If the support does not last at $ 0.00000782, a decline is plausible in the direction or even below $ 0.0000060, which corresponds to a possible decrease of 56 % compared to the current level.

Even if the current scenario looks dark, there is always the possibility of recovery of the volatile cryptoma market. Factors such as an increase in Bitcoin (BTC) due to a favorable economic policy or another interest in meme coins could be a lifeline for Pepe.

At the moment, however, these scenarios seem to be more likely to be recorded on the horizon.