- The PEPE chart shows RSI reversal matching past oversold conditions that triggered large bullish swings across major timeframes.
- Analysts expect a strong rebound as the RSI curve turns up and the price nears the lower band of long-term support.
- Fed policy shifts and Trump’s China visit add catalysts to PEPE’s potential 2025 recovery momentum.
PEPE’s weekly price chart shows the token reaching deeply oversold conditions, historically followed by sharp upward movements. Analysts observe that every time PEPE enters this territory, it often triggers rallies of significant scale. The current setup mirrors past cycles, where price rebounds have exceeded double-digit percentage gains.
The chart illustrates a clear channel structure defined by support and resistance levels. PEPE’s price currently hovers near the lower boundary of this channel, hinting at potential reversal signals. The RSI curve has also begun to turn upward, reflecting renewed buying pressure among traders.
The analyst known as “kek” posted the chart noting that previous oversold conditions preceded “massive moves to the upside.” This setup, they argue, could repeat as macroeconomic conditions align favorably.
Macro Events Fuel Investor Optimism
The timing coincides with several key macroeconomic developments. U.S. President Donald Trump is currently in China to finalize trade deals, an event expected to stabilize global markets. Meanwhile, the Federal Reserve is preparing to cut interest rates, a move often viewed as bullish for risk assets like cryptocurrencies.
The analyst added that earnings season has begun for some of the largest publicly traded firms, injecting liquidity and optimism into broader financial markets. These combined conditions may provide a favorable backdrop for PEPE’s next price cycle.
According to on-chain observers, the meme token’s reaction to macro signals has previously shown correlation with broader investor sentiment. In earlier cycles, rate cuts and market optimism contributed to increased volume across meme coin segments.
Is PEPE Preparing for a Monster Move?
The RSI oscillator, shown at the bottom of the chart, reveals cyclical patterns of momentum shifts. The most recent dip aligns with similar points from 2023 and 2024, both preceding major recoveries. The curve’s gradual upward turn suggests that momentum could soon swing toward the bulls.
PEPE’s price currently trades near $0.000072, with the support level maintaining resilience across multiple weekly tests. Resistance lies higher in the $0.00017 range, a target zone that aligns with the projected mid-channel recovery path.
Traders are watching for confirmation through a break of short-term resistance lines. Should momentum strengthen alongside improving macro sentiment, PEPE may retest mid-channel resistance levels before year-end.
Market watchers note that the combination of an oversold RSI and a supportive macro backdrop could form the basis of a significant rally. The pivotal question now remains: can PEPE maintain this technical momentum long enough to spark another large-scale breakout?
