PEPE price is consolidating today, down 0.61% to around $0.000005366, as the token traded between $0.000005359 and $0.000005376 during the session. Trading volume declined 11.87% to $293.3 million, keeping activity lighter than earlier in the week.
Price action remains subdued following the sharp selloff from PEPE’s December 2024 all-time high of $0.00002825. Despite the muted tape, attention has returned to the token as social and sentiment indicators turned sharply higher.
Social Activity Accelerates as Focus Returns to PEPE Coin
Arkham Insights flagged a clear sentiment shift around the PEPE Coin during the latest session. The number of recent tweets referencing the token climbed to 888, well above the recent average of 524. Positive sentiment reached 80.95%, compared with a prior average of 47.68%.
That surge contrasts with the lack of follow-through in spot price. Volume declined, and the price remained range-bound, suggesting positioning and attention rather than aggressive buying.
On the 4-hour chart, PEPE price continues to trade below its mid-range Bollinger Band, with the bands tightening after the volatility expansion seen earlier in January. Price is holding in the lower half of the band structure, pointing to compression rather than directional momentum.
RSI (14) is hovering in the mid-40s, with the most recent reading at 45.9. Momentum has recovered from earlier oversold conditions but remains below the 50 mark. That keeps the market in neutral territory, where buyers step in selectively, but rallies struggle to gain traction.
Ali Charts added a structural comparison that more cautiously frames the current setup. In a side-by-side chart, Ali noted that PEPE’s recent price behavior resembles HYPE’s prior path.
His analysis places PEPE near the $0.0000060 area marked as “we’re here,” comparing it to HYPE trading around $29.74, with the historical pattern suggesting a deeper continuation lower toward the high teens near $18.
The comparison does not rely on indicator triggers, but it reinforces the conclusion that PEPE’s consolidation remains fragile following a prolonged decline. Therefore, with volume fading, RSI neutral, and sentiment running ahead of price, PEPE price currently remains in a wait-and-see mode.
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