PEPE Coin MVRV Z-Score Hits Historic Lows—How High Will It Go This Cycle?

The MVRV Z-Score of Pepe (PEPE) coin indicates deep undervaluation, with it reaching June 2023 levels. The negative MVRV Z-Score reading indicates that investors currently hold Pepe (PEPE) at a loss value.

The market data shows that periods of low MVRV Z-Score values typically signal a phase of accumulation, which leads to price growth.

Meanwhile, the PEPE/ETH trading pair shows an RSI divergence pattern, which historically indicated major market reversals.

Additionally, Pepe is currently being evaluated by Coinbase for inclusion in their COIN50 Index which will enhance its exposure to investors.

PEPE Coin MVRV Z-Score Indicates Potential Accumulation Zone

The MVRV Z-Score for Pepe currently stands at -1, which matches the score it displayed during June 2023 when the token began an extended accumulation period.

The price moved downward during a cooling crypto market in 2023 yet rebounded when buying activity increased during the last months of the year.

The Z-Score indicator reached over 6 in early 2024 as Pepe’s price increased significantly, which resulted in profit-taking activities and price cooling.

The recent shift of the Z-Score to negative values leads analysts to predict another price bottom before an upward trend.

The data shows that periods of undervaluation tend to lead to market recoveries. However, as per intotheblock data, large transactions ($1M-$10M) saw a 73.94% drop, while smaller transactions ($0-$1) grew by 149.81%, indicating a shift towards retail trading. The reduced volatility may make PEPE more susceptible to speculative retail-driven price swings.

RSI Divergence Points to Possible Reversal in PEPE/ETH Pair

A bullish RSI divergence pattern appears in the PEPE/ETH trading pair as the price action creates lower lows but RSI generates higher lows, which suggests reduced selling pressure.

The price pattern has appeared three times since July 2023 and early 2024 and March 2025 and has historically triggered strong price increases when RSI falls below 30.

The Ethereum price saw Pepe rise powerfully every time this pattern emerged, which transitioned the price trend from negative to positive. The present RSI measurement at its minimum point matches previous breakout points.

But, the trend needs confirmation through rising RSI and price breaking key resistance levels to repeat.

Historical market data indicates these divergent patterns consistently indicate trend reversals, so traders currently observe if this setup will trigger another breakout.

Pepe Coin Price Under Consideration for Coinbase’s COIN50 Index

Moreover, Pepe is undergoing evaluation to enter the Coinbase COIN50 Index, which tracks the 50 largest cryptocurrencies by market capitalization, where Bitcoin maintains a 49.47% weight.

Pepe, the Frog-based meme token has experienced a notable price increase since its launch because of intense speculative trading activities.

Analysts predict that index inclusion will increase investor exposure and lead to short-term price growth.

Crypto analyst CryptoElites predicts Pepe price will increase 15x in the short term to reach $0.0001451 a 1.618 Fibonacci extension level.

The token’s growth depends on general crypto market trends and investor actions, but COIN50 Index membership could serve as a growth catalyst.

The review process continues, while its final results will determine how Pepe performs throughout 2025.