# $PEPE: not only a memecoin?

By [Nataliiiiii](https://paragraph.com/@iamcryptogirl) · 2025-04-02

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$PEPE is a meme cryptocurrency inspired by the iconic Pepe the Frog internet meme. It was launched as an ERC-20 token and gained viral popularity. Unlike utility-focused altcoins, $PEPE thrives on hype and social media trends, so this token is highly volatile.

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One of the most popular memecoins. Admit it, does everyone know this frog? Let's see what's going on with the price of this memecoin on the weekly chart and what trend awaits us.

\*data from [TradingView](https://www.tradingview.com/symbols/PEPEUSD/technicals/)

#### **Oscillators Overview**

![](https://storage.googleapis.com/papyrus_images/722a2f0fc04fe858651155f123903bbecea703dcd0778fe6ca04baa0318c1b99.png)

*   **Neutral Signals**:
    
    *   **RSI (41.51)** – No clear overbought/oversold signal.
        
    *   **Stochastic %K (11.72)** – Near oversold but not yet extreme.
        
    *   **CCI (-79.11)** – Neutral, no strong trend.
        
    *   **ADX (22.10)** – Weak trend strength.
        
    *   **Awesome Oscillator (-0.000005)** – Flat momentum.
        
    *   **Bull Bear Power (-0.0000048)** – Balanced buying/selling pressure.
        
    *   **Ultimate Oscillator (37.27)** – Neutral momentum.
        
    
    **Buy Signals**:
    
    *   **Momentum (-0.0000064)** – Slight bullish divergence.
        
    *   **Stochastic RSI (15.80)** – Oversold rebound potential.
        
    *   **Williams %R (-85.73)** – Oversold, suggesting a bounce.
        
    
    **Sell Signal**:
    
    *   **MACD (-0.0000017)** – Bearish crossover.
        

#### **Moving Averages Overview**

![](https://storage.googleapis.com/papyrus_images/0d0c4b5edf97ecb214fd53eda78d6f25cee6b9ba549cfb6ef4659a87bc5e2c8d.png)

The moving averages paint a predominantly bearish picture in the short-to-medium term, with some bullish signals emerging in longer timeframes:

*   **Strong Sell Signals (Short-Term)**:
    
    *   **EMA(10)**: 0.00000897
        
    *   **SMA(10)**: 0.00000826
        
    *   **EMA(20)**: 0.00001084
        
    *   **SMA(20)**: 0.00001399
        
    *   **EMA(30)**: 0.00001124
        
    *   **SMA(30)**: 0.00001293
        
    *   **EMA(50)**: 0.00001055
        
    *   **SMA(50)**: 0.00001177
        
    
    → **Interpretation**: The price is trading below all key short-term MAs, indicating strong bearish momentum.
    
*   **Buy Signals (Long-Term)**:
    
    *   **EMA(100)**: 0.00000680 (Buy)
        
    *   **SMA(100)**: 0.00000695 (Buy)
        
    *   **Hull MA(9)**: 0.00000655 (Buy)
        
    
    → **Interpretation**: The long-term trend remains bullish, suggesting potential support at lower levels.
    
*   **Neutral Signal**:
    
    *   **Ichimoku Base Line**: 0.00001681 (Neutral)
        

### **Combined Analysis (Oscillators + Moving Averages)**

#### **Short-Term Outlook (Bearish-Dominant)**

*   **Price is below all major short-term MAs**, confirming a downtrend.
    
*   **Oscillators (RSI, Stochastic, CCI)** are neutral but near oversold, hinting at a possible minor bounce.
    
*   **MACD is bearish**, reinforcing downside risk.
    

#### **Medium-Term Outlook (Neutral with Bearish Bias)**

*   **EMA(50) & SMA(50) are Sell**, suggesting continued pressure.
    
*   **Williams %R & Stochastic RSI show Buy signals**, indicating potential short-term relief.
    

#### **Long-Term Outlook (Bullish Support)**

*   **EMA(100) & SMA(100) are Buy**, acting as key support zones.
    
*   **Hull MA(9) Buy signal** suggests a possible short-term reversal if price holds above it.
    

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### **Key Levels to Watch**

*   **Immediate Resistance**: **EMA(10) ~ 0.00000897** (Break needed for bullish reversal).
    
*   **Strong Support**: **EMA(100) ~ 0.00000680** (Critical level for bulls).
    

### **Trading Strategy**

*   **Aggressive Traders**: Could look for a bounce near **0.00000680** (EMA 100) with tight stops.
    
*   **Conservative Traders**: Wait for a confirmed break above **EMA(20) ~ 0.00001084** before entering longs.
    

### **Final Verdict**

$PEPE is in a **short-term downtrend** but has **long-term bullish support**. A breakdown below **EMA(100)** could trigger deeper correction, while a bounce from current levels may lead to a relief rally.

**Recommendation**: Monitor **MACD crossover & RSI** for trend reversal confirmation.

So trade cautiously with tight risk management.

Anyway **use stop loss** when trading cuz market is unpredictable now.

**AND DON’T FORGET:** Everything written below is purely theoretical and **not a strategy to act on**. As always — **NFA, DYOR!**

And if you’re ready to trade, check out [Vooi](https://app.vooi.io/r/MI7DH1D) ! 🚀

![](https://storage.googleapis.com/papyrus_images/cc057f16e025698665a037113c63f8556ab8dc3c7f6384a7c385990f5f07f821.png)

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*Originally published on [Nataliiiiii](https://paragraph.com/@iamcryptogirl/pepe-not-only-a-memecoin)*