Pepe Price Prediction: Massive Accumulation Spotted During 5% Crash – Reversal Incoming?

Pepe (PEPE) has dropped by nearly 5% in the past 7 days but deep-pocketed investors (a.k.a. whales) have been accumulating tokens, favoring a bullish Pepe price prediction.

Data from Nansen indicates that the top 100 addresses that hold PEPE have increased their holdings by 2.8% in the past 30 days despite the drop and currently sit on 306 trillion PEPE tokens.

This figure accounts for more than 70% of the asset’s circulating supply, emphasizing how heavily concentrated PEPE’s token distribution is among its top supporters and long-term investors.

Meme coins as a whole have been experiencing a mild pullback but they have still managed to book gains of 38.7% in the past 30 days. PEPE has underperformed the market as a whole during this period as its price has increased by just 23%.

However, data from CoinGlass also shows that open interest in PEPE futures crossed above the $1 billion threshold for the first time in history as traders seem to be positioning for an explosive move.

PEPE has slipped 3.4% over the past 24 hours to $0.00001188, with trading volumes dropping sharply — down 26% — signaling a cooldown after its recent rally.

But this latest pullback appears to be part of a broader consolidation phase, not a full-blown reversal.

Price action shows PEPE forming a bullish ascending triangle while respecting a clear support trendline. This structure often precedes a major breakout once liquidity builds and bearish pressure is exhausted.

The RSI has cooled to 34.60, which is oversold territory that typically aligns with local bottoms. Meanwhile, the MACD is flattening, hinting at a potential shift in momentum.

If PEPE dips slightly lower to sweep liquidity below $0.00001100, it could trigger renewed whale accumulation, especially near the ascending trendline support.

Once that flush is complete, the path toward the $0.00002000 and even the $0.00002836 highs from March becomes more realistic.

Technical structure, RSI reset, and on-chain strength all support a bullish PEPE price prediction, with a potential 3x upside if the breakout confirms.

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