{"id":35213,"date":"2025-07-04T12:46:54","date_gmt":"2025-07-04T12:46:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35213"},"modified":"2025-07-04T12:46:54","modified_gmt":"2025-07-04T12:46:54","slug":"pepe-slips-6-as-whales-load-up-technicals-hint-at-possible-bounce-amid-market-jitters","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35213","title":{"rendered":"PEPE Slips 6% as Whales Load Up, Technicals Hint at Possible Bounce Amid Market Jitters"},"content":{"rendered":"
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The frog-themed memecoin PEPE (PEP) slid nearly 6% over the 24 hours, as Trump\u2019s reciprocal tariffs deadline sent ripples through the cryptocurrency market and exposed the token\u2019s volatility.<\/p>\n

PEPE\u2019s price swung across a 16.5% trading range, underscoring how fast sentiment can flip in a market increasingly sensitive to geopolitical and macroeconomic signals when trading volumes drop.<\/p>\n

Behind the price drop, however, large addresses appear unfazed. Data from blockchain analytics firm Nansen<\/a> shows whale wallets have increased their PEPE holdings by over 5% in the past month, scooping up tokens now valued at around $3 billion, over 70% of PEPE\u2019s supply.<\/p>\n

Meanwhile, the total supply of PEPE on exchanges slipped to a two-year low of roughly 247.2 trillion tokens, a near 3% decrease since the start of July, according to the same source.<\/p>\n

Technical Analysis Overview<\/h2>\n

PEPE has struggled to hold gains after testing resistance near $0.0000106, encountering firm selling pressure that pushed the price lower.<\/p>\n

The coin found support around $0.00000965, keeping it from sliding further, though the overall trading range reflects persistent volatility, according to CoinDesk Research’s technical analysis data model.<\/p>\n

Charts show a descending channel shaping the recent price action, with sellers stepping in on upward moves. Trading volumes reveal a pattern of distribution during price spikes, hinting that traders are offloading positions rather than building fresh longs.<\/p>\n

However, brief rebounds and surges in buying interest suggest the memecoin isn\u2019t out of the fight. A burst of volume helped lift prices modestly from recent lows, signaling that some traders still see room for a bounce if broader market sentiment improves.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The frog-themed memecoin PEPE (PEP) slid nearly 6% over the 24 hours, as Trump\u2019s reciprocal tariffs deadline sent ripples through the cryptocurrency market and exposed the token\u2019s volatility. PEPE\u2019s price swung across a 16.5% trading range, underscoring how fast sentiment can flip in a market increasingly sensitive to geopolitical and macroeconomic signals when trading volumes […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35213","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35213"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35213\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}