PEPE Coin Price Eyes 45% Rebound as Buyers Regain Control

PEPE Coin price prediction has reached the stage of definite phase as the price stabilized above the recent demand. The market has since moved on a narrowed range following the lack of downside momentum as it approached structural support. 

This stabilization comes after a definite change in participation behavior which, in turn, pits price under a distinct resistance band. The structure has now become a directional resolution where structure, as opposed to sentiment, is the key factor to the next move.

PEPE Coin Price Outlook and Price Action Analysis

The price prediction of PEPE Coin now rests on the possibility of the recovery phase graduating to continuation, with  a Cup and Handle breakout in place. At the time  of analysis, the PEPE market value sat around $0.00000499, following a recovery from the  $0.00000494 support region. 

This level was the structural low of a rounded accumulation base, which grew when selling pressure had weakened gradually. Price admired this foundation and started shaping the right side of a cup. The action si indication of the demand taking over the supply and not chasing momentum.

The resulting pullback created a shallow handle, with price maintaining a position above the support and volatility compressing. In this period, RSI leveled off in the mid-40s and reversed higher with price. The context validates momentum improvement without overextension. 

The correlation indicates stability as opposed to fatigue hence keeping the price upheld without pushing rejection during the consolidation phase. In case PEPE price recovers above $0.00000547, structure would support further continuation to 0.00000600. The zone is where the preceding supply had served as an upside limit. 

Acceptance above that level would allow price to rotate toward $0.00000717, completing a measured 45% rebound.  However, a loss of $0.00000494 support would nullify the accumulation structure and undermine the future PEPE price outlook.

PEPE Coin price action PEPE Coin price action
PEPE/USDT 1D Chart (Source: TradingView)

Spot Taker CVD Signals Buyer Control Beneath Resistance

PEPE Coin price prediction gains confirmation from spot order flow behavior rather than narrative. According to CryptoQuant analytics, the Spot Taker CVD has become buy-dominant within the 90-day range that indicates the buyers lifting the offers rather than waiting until it goes down. 

The change has been occurring in conjunction with the reversal of the $0.00000494, as the demand aggression has been directly connected to the stabilization of prices. Buyers did not wait and respond to the downside momentum; they intervened when it was weakening.

Buy-side dominance remained on PEPE price as it consolidated below the resistance, and this restricted the ability of price to follow-through on downside pullbacks. This action suggests absorption but not distribution, as sellers were unable to make lower lows after being tested on a number of occasions. Price maintained structure in the handle phase in turn supporting the integrity of the larger pattern.

In the event that taker buying continues to dominate and PEPE price compresses around $0.00000547, continuation will be the more likely outcome. Persistent bid aggression would lower the overhead supply and help in an upside rotation. 

However, seller re-engagement would be an indication to have pressure on the price that would push it back toward the range support. In the meantime, order flow assures the accumulation not the exhaustion.

Pepe Spot Taker CVDPepe Spot Taker CVD
Pepe Spot Taker CVD Chart (Source: CryptoQuant)

Summary 

The PEPE Coin price prediction is now biased toward continuation instead of rejection. Rounded accumulation, controlled pullback behavior, and buy-dominant Spot Taker CVD all push toward higher values. 

This outlook stands as long as PEPE price stays above the levels of $0.00000494 and buyers guard dips. A collapse below that would counteract the structure. The dominant path affirms a nurtured 45% rebound until it is invalidated through structure and not speculation.

 

Source: https://coingape.com/markets/pepe-coin-price-eyes-45-rebound-as-buyers-regain-control-on-spot-markets/