Content Writer
Harvey Hunter
Content Writer
Harvey Hunter
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Pepe is struggling to regain momentum, and the Pepe price prediction is turning increasingly bearish as warning signs stack up.
After falling nearly 45% this month, the meme coin may still have room to drop — with top analyst Ali Martinez suggesting a further 60% decline could be on the table.
Martinez points to a clear head-and-shoulders breakdown, with Pepe slipping below its neckline on November 3 and still tracking toward a potential target of $0.0000015.
Derivatives markets appear to be trailing the setup. Speculative demand has plunged, with Open Interest down 65% since the breakdown, now sitting at $238 million.
Traders have disengaged with price movements, but a $46 million pickup in OI this week and a Long Short Ratio of 1.03 show bullishness creeping back in.
The majority of traders are betting on further price increases, showing potential for an early bailout from the head-and-shoulders pattern.
Pepe Price Prediction: Will Pepe Vanish?
Not all marker commentators share Martinez’s view. Analyst GalaxyBTC cites historical support as grounds for the meme coin still “looks good” at its current position.
This support stands to be confirmed as a launchpad level yet again with a 6-week descending channel approaching a breakout as momentum indicators flip bullish.
The RSI teeters on a cross back above the 50 neutral line, while the MACD maintains a wide lead above the signal line. Both of these metrics point to this week’s pickup as the early stages of a lasting uptrend as buyers step back in.
The key threshold for a confirmed breakout sits around $0.0000047, with a bounce likely to rule out a false breakout. Fully realised, the pattern targets the $0.000009 demand zone for a 95% gain.
And as the bull market matures with anticipated U.S. interest rate cuts to fuel risk appetite, this push could go even further, eying a 5x move to all-time highs at $0.000028.
PepeNode: Earn Meme Coins with a Virtual Miner
Tired of trying to time meme coin pumps?
PepeNode ($PEPENODE) makes it easy to earn from the market without trading, guessing entries, or buying hardware.
Just build virtual mining rigs, upgrade your setup, and start collecting rewards in top tokens like $PEPE, $FARTCOIN, and more.
The more rigs you launch, the more you earn — and top miners also unlock exclusive airdrops.
It’s fun, fast to set up, and already gaining serious traction.
Momentum is climbing fast. The presale has already passed $2.2 million, while early stakers can still earn up to 585% APY.
And thanks to a built-in deflationary model, where 70% of all $PEPENODE spent on nodes and rigs is burned, scarcity supports long-term token value.
PepeNode stands out as a smarter way to capture some of the market’s strongest upside, all without having to worry about timing the perfect entry.
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