Pepe Coin (PEPE) Price Prediction & Analysis: New All Time Highs In Sight

TLDR

Robinhood sold approximately $15 million worth of PEPE but remains the second-largest holder Despite the sell-off, PEPE price climbed 8% in 24 hours Technical analysis shows PEPE trading in a symmetrical triangle pattern with potential 12.24% upside Longer-term cup-and-handle pattern suggests possible 91% rally to $0.00002836 Buying interest is building in both spot and derivatives markets

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Pepe Coin has continued to show strength on the charts despite a major sell-off from one of its largest holders. The meme cryptocurrency is displaying several bullish patterns that suggest further price increases may be on the horizon.

A wallet connected to Robinhood cryptocurrency exchange sold approximately $15 million worth of PEPE into the market over the last 24 hours. This type of whale movement typically creates downward pressure on prices.

What makes this case unusual is that large entities often follow sell-offs with some level of buyback in the same period. However, Robinhood has not made any repurchases after this transaction.

Even with this substantial selling volume, PEPE has managed to hold its price levels. In fact, the asset rallied by 8% during the same 24-hour period when the sell-off occurred.

Despite the sale, Robinhood continues to be the second-largest holder of PEPE. The exchange controls 3.67% of the total supply, worth around $209.9 million.

Pepe
PEPE Price

Technical Analysis Points to Upside

Short-term analysis of PEPE shows the asset trading within a symmetrical triangle pattern on the 4-hour chart. This formation is characterized by converging support and resistance levels.

Technical analysts view this pattern as potentially bullish. If PEPE breaks out of this formation, it could push prices up by 12.24%, potentially reaching a target of $0.00001541.

The longer-term outlook appears even more promising. The daily chart reveals PEPE trading within a cup-and-handle pattern, another bullish indicator.

For this pattern to trigger a rally, PEPE must break through the resistance level at $0.00001483. If successful, this could lead to a 91% price increase, taking PEPE to $0.00002836 – a level not seen since December 2024.

Market momentum for PEPE seems to be building across both spot and derivatives markets, supporting the bullish case.

In the spot market, buying interest has been gradually increasing, with $335,000 worth of PEPE purchased at the time of analysis. This indicates growing demand for the token.

The derivatives market also shows positive signs. The OI-weighted funding rate stands at 0.0127%, confirming the presence of bullish sentiment among futures traders.

Several prominent analysts have issued optimistic price forecasts for PEPE. Solberg Invest projects that PEPE could reach $0.000025, potentially during the second quarter.

$PEPE RALLY ALERT! 📈

Up 100%—$0.000025 next? Watch this! 👀 #PEPE #CryptoRally #Trading pic.twitter.com/LvcQh8ZhUL

— Solberg Invest (@SolbergInvest) May 12, 2025

Trader Kaleo has made an even bolder prediction, suggesting that PEPE could achieve a market capitalization of $10-20 billion in the long term.

Smart money investors are increasingly viewing PEPE as an excellent beta bet on Bitcoin and Ethereum. This is particularly relevant for investors looking to make larger allocations within the meme coin market.

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