PEPE Price Prediction: How High Will the Frog-Themed Token Bounce?

#PEPE

• PEPE trades below key moving averages with bearish MACD signals
• NFT announcement may provide temporary sentiment boost
• Critical resistance at 0.00001112 (20-day MA) needs to be overcome

PEPE Price Prediction

PEPE Technical Analysis: Bearish Signals Dominate Short-Term Outlook

PEPE currently trades at 0.00001066 USDT, below its 20-day moving average of 0.00001112, indicating bearish momentum. The MACD histogram shows negative values (-0.00000048), reinforcing the downward pressure. Bollinger Bands suggest the price is testing lower support at 0.00000977, with middle and upper bands at 0.00001112 and 0.00001246 respectively.

"The technical setup shows Pepe struggling to regain bullish momentum," says BTCC analyst Mia. "Until we see the price reclaim the 20-day MA and MACD flip positive, traders should approach with caution."

Pepe Price

NFT Catalyst May Boost PEPE Sentiment Despite Technical Weakness

Wall Street Pepe's announcement of a free NFT drop for whitelisted users could provide temporary positive sentiment. "NFT-related airdrops often create short-term buying interest," notes BTCC's Mia. "However, this needs to be weighed against the current technical weakness shown by the price trading below key moving averages."

Factors Influencing PEPE's Price

Wall Street Pepe Announces Free NFT Drop for Whitelisted Users

Wall Street Pepe (WEPE) has set August 22 as the mint date for its inaugural NFT collection, exclusively available to whitelisted participants. The 5,000-piece drop will prioritize Alpha Chat members, quest participants, and top community contributors—rewarding the grassroots movement that propelled WEPE to 80,000 on-chain holders.

The free mint underscores WEPE's anti-whale ethos, mirroring GameStop's Reddit-driven resurgence. For three months, the team secretly curated this collection in response to community demand for deeper brand engagement. Social media campaigns and meme warfare laid the groundwork for what's now a cultural rallying point.

How High Will PEPE Price Go?

Based on current technicals and market conditions, PEPE faces resistance at multiple levels:

"The NFT news might provide a 5-10% short-term bounce," says Mia, "but sustainable growth requires breaking above the 20-day MA. The 0.00001246 level would be the next major test if bullish momentum returns."