Will PEPE Coin Ape Feb 2024 Pattern For 1160%+ Gains

In April 2023, a bet of $3,000 transformed into $51.25 Million for a PEPE crypto whale, identified as “0xc25.”

This investor acquired 4.914 Trillion PEPE at the cost of $3.01K. The investor has methodically realized gains by liquidating 3.66 Trillion PEPE for $35.52 million over time.

Currently, the whale retains 1.25 trillion PEPE coin valued at approximately $15.73 Million.

This whale recently deposited 500 Billion PEPE, valued at $5.73 Million, into Coinbase after a period of inactivity lasting six months.

These strategic moves led to a staggering profit of a 17,026x return. The continued holding of a substantial amount of PEPE by the whale suggested a strong belief in its future valuation.

PEPE Coin’s February ‘24 vs February ‘25 Potential Similarities

A comparison between February 2024 and the current trajectory of PEPE in 2025, showed a similar pattern.

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It echoed the same preparatory phase that preceded 1160% gains within 38 days back in February 2024.

The current PEPE charts exhibited a potential setup for a similar explosive move.

The previous rally commenced from a significantly low price point, propelling it upward after consolidating around key support levels indicated by the Monthly FVG (Fair Value Gap).

The current situation exhibits a parallel formation. PEPE coin is again approaching a crucial support zone, hinting at the possibility of another significant rally if the pattern holds true.

Historically, these patterns have precipitated significant price increases when similar market conditions were met.

If history holds, PEPE could surge reminiscent of early 2024, potentially pushing prices significantly higher in the next 38 days.

Conversely, if the FVG is broken, PEPE may not replicate the past pattern. This could be the reason the whale has cashed out some profits.

This could result in PEPE continuing to hover around current levels or even declining further.

This potential divergence between PEPE coin and BTC was a past patterns providing guidance but no guarantees.

What To Expect as PEPE as Daily RSI Returns to Previous Levels

Also PEPE price action was in extreme oversold conditions on the daily Relative Strength Index (RSI).

Notably, in the year 2024, each time PEPE’s RSI dipped 30— ‘Extreme Oversold’ —it was followed by uptrends. The was denoted by PEPE coin’s price showing sharp recoveries post these troughs.

Currently, PEPE has once again entered an extreme oversold phase, mirroring the conditions seen on February 4th, 2024, and August 6th, 2024. Both preluded robust upward movements.

Given this repetitive pattern, there is a strong possibility that PEPE could experience another substantial price increase from its current levels.

Conversely, if the market dynamics have shifted or if the buying pressure that typically accompanies such lows does not materialize, PEPE coin might fail to initiate a similar recovery.

This could lead to a prolonged period of stagnation or further declines, especially if external market conditions are unfavorable or investor sentiment has turned bearish.

The next few weeks will be critical in determining whether PEPE can leverage its historical resilience or if it succumbs to prevailing market pressures.