{"id":45695,"date":"2025-09-04T11:46:55","date_gmt":"2025-09-04T11:46:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45695"},"modified":"2025-09-04T11:46:55","modified_gmt":"2025-09-04T11:46:55","slug":"pepe-faces-15-downside-risk-as-trading-volumes-and-on-chain-activity-plunge","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45695","title":{"rendered":"PEPE Faces 15% Downside Risk as Trading Volumes and On-Chain Activity Plunge"},"content":{"rendered":"<div>\n<p>Meme-inspired cryptocurrency PEPE (PEPE) is under pressure after slipping below a key support level, sparking <a href=\"https:\/\/x.com\/alphacryptosign\/status\/1963475902421242071?ref_src=twsrc%5Etfw\">warnings<\/a> of a possible 15% drop.<\/p>\n<p>The move comes as trading volumes fell to $980 million and open interest contracted 4% to $535 million based on <a href=\"https:\/\/www.coinglass.com\/currencies\/PEPE\">CoinGlass<\/a> data, signaling waning conviction among traders.<\/p>\n<p>Derivatives data show long liquidations hit $326,000, far outpacing just $9,900 in shorts, based on the same data source, highlighting an imbalance that could accelerate downward momentum.<\/p>\n<p>Meanwhile, activity on the PEPE network has collapsed to fewer than 3,000 daily active addresses, <a href=\"https:\/\/studio.glassnode.com\/charts\/addresses.ActiveCount?a=PEPE\">Glassnode<\/a> data shows. That\u2019s a sharp drop from late 2024, when a peak 27,500 addresses were active during a major price rally.<\/p>\n<p>According to trader Alpha Crypto Signal, the price of PEPE could see a major breakdown and slow towards the $0.0000085 to $0.0000080 area as it comes off of a symmetrical triangle.<\/p>\n<p>Meanwhile, <a href=\"https:\/\/app.nansen.ai\/token-god-mode?tokenAddress=0x6982508145454ce325ddbe47a25d4ec3d2311933&amp;chain=ethereum&amp;tab=token-distribution\">Nansen<\/a> data for the past week shows the top 100 PEPE addresses on the Ethereum blockchain added just 0.2% to their holdings, while PEPE on exchanges rose 1.13%.<\/p>\n<h2><strong>Technical Analysis Overview<\/strong><\/h2>\n<p>PEPE showed volatility during the latest trading cycle, with a 5% range between $0.000010028 at the high and $0.000009567 at the low, according to CoinDesk Research&#8217;s technical analysis data model.<\/p>\n<p>A rally earlier in the week briefly pushed prices to the $0.000010000 mark on volume of 2.6 trillion tokens, but the move stalled and sellers regained control.<\/p>\n<p>Since then, the token has drifted lower, testing $0.000009610, a 4% pullback from recent highs. Hourly trading also showed resistance forming near $0.000009640 despite sharp volume spikes above 89 billion, suggesting distribution rather than accumulation.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Meme-inspired cryptocurrency PEPE (PEPE) is under pressure after slipping below a key support level, sparking warnings of a possible 15% drop. The move comes as trading volumes fell to $980 million and open interest contracted 4% to $535 million based on CoinGlass data, signaling waning conviction among traders. Derivatives data show long liquidations hit $326,000, [&hellip;]<\/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-45695","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\/45695","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=45695"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45695\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}