Will PEPE Survive? Looking at Its Price Movement After the Correction

PEPE Coin is one of those rare cryptocurrency phenomena that caught fire seemingly overnight. Launched in 2023, it set itself apart from the typical meme coin crowd—not by being dog-themed, like Dogecoin or Shiba Inu, but by tapping into the deep well of internet culture through the Pepe the Frog meme. 

This clever branding helped it explode in popularity, shooting up by more than 63 million percent since its debut. Fast-forward to April 2025, and PEPE has cemented itself as the 31st largest cryptocurrency by market cap, showing that even memes can pack a serious financial punch.

PEPE Coin Correction

But with meteoric rises often come turbulent corrections. After reaching its all-time high of $0.00002825 in December 2024, PEPE Coin has taken a steep dive, trading about 76% below that peak as of mid-April 2025. 

This decline has ushered in a volatile correction phase, leaving many investors unsure of what comes next. That said, PEPE has shown some fight—bouncing back with a 13% gain over the last month, even amid broader market challenges. The memecoin isn't out of the game just yet.

PEPE Coin Price Today

As of April 12, 2025, PEPE is trading at approximately $0.00000719, up 4.35% in the last 24 hours. While the coin is far from its former highs, this modest recovery hints at renewed interest from traders. However, given the memecoin market's inherent volatility, it's wise for investors to stay alert and keep tabs on emerging trends and signals.

PEPE Coin Price Analysis and Signal

Short-term Potential Forecasts

Looking at short-term predictions, analysts have offered some encouraging signs for PEPE’s near-future price action. However, it all depends on market momentum and sentiment so price forecasts may change. Here’s a snapshot of expected price movements for the next several days: 

According to various analyses from CoinCodex and CryptoRank, short-term predictions are relatively optimistic for PEPE Coin, with expectations of significant price rebounds in mid-April due to positive market sentiment and technical indicators suggesting potential upward momentum.

Technical Indicators

On the technical side, the outlook is mixed but leans hopeful. Some models show bullish potential, with forecasts suggesting PEPE could climb to $0.00001435—a staggering 113% increase from current levels. However, other indicators warn of lingering bearish signals, underscoring the need for cautious optimism. The highly reactive nature of memecoins means even small shifts in sentiment or social buzz can lead to wild swings in price.

Read Also: Best Meme Coin to Buy in April 2025

Support and Resistance Levels

Understanding support and resistance levels is crucial for analyzing potential price movements:

Support Levels:

$0.000007: A critical level where buying interest may emerge.

$0.00000650: A secondary support level that could provide additional backing during downturns.

Resistance Levels:

$0.00000740–$0.00000800: This range represents key resistance that must be broken for a bullish trend to gain momentum.

$0.00000860: Another significant resistance level that may act as a barrier to upward movement.

According to recent technical analyses, PEPE is forming an ascending triangle pattern with higher lows, suggesting potential bullish momentum if it can break through these resistance levels with sufficient volume

Will PEPE Rise?

The big question now is whether PEPE can actually sustain this momentum and mount a meaningful recovery. Several factors will play a key role:

• Market Sentiment: News, hype, and online buzz can move memecoin markets faster than fundamentals.
  
   
• Whale Behavior: Interestingly, many large holders (or “whales”) haven’t offloaded their PEPE during the downturn—possibly signaling confidence in a rebound.
  
   
• Technical Signals: Watching trend lines, RSI levels, and MACD crossovers will be crucial for traders looking to time entries and exits.
  
   

While the short-term forecast looks promising, seasoned investors know better than to bet the farm on a memecoin’s next move. The path ahead is hopeful—but far from guaranteed.

Conclusion

PEPE Coin’s journey has been anything but boring. From a meme-fueled explosion to a sharp correction and now a potential rebound, it’s a story that’s still being written. If current trends hold, there’s reason to believe PEPE could recover some of its lost ground in the coming weeks. But for those watching closely, it’s wise to expect the unexpected—because with memecoins, anything can happen.

FAQ

What is PEPE Coin?
PEPE Coin is a meme cryptocurrency inspired by the Pepe the Frog meme, launched in 2023. It quickly gained attention for its internet-culture roots and explosive price action.

How has PEPE performed recently?
PEPE has declined significantly since its all-time high but is showing signs of recovery as of mid-April 2025.

What are the predictions for PEPE’s price?
Short-term projections suggest prices may reach up to $0.00001435 in mid-April, depending on market momentum and investor sentiment.