PEPE Price Surges 9.75% as Whale Accumulation Drives Bullish Momentum
PEPE, a meme token, has seen a notable surge in price by 9.75%, reaching $0.00. This increase is attributed to a significant whale amassing 807 billion tokens valued at $1 million, along with technical indicators pointing to a potential 25% upside. The recent price surge on August 8, 2025, was fueled by a substantial acquisition of PEPE tokens, creating upward pressure on the PEPE/USDT trading pair.
What’s Driving Pepe Price Today?
The spike in PEPE’s price is primarily driven by the notable whale activity on August 8, 2025. An undisclosed investor acquired approximately 807 billion PEPE tokens for $1,000,300, leading to a 9.75% price increase. Moreover, the surge in trading volume to $1.37 billion on August 6, coupled with an 8% price uptick, indicates a renewed interest from both institutional and retail investors. The increased trading activity, combined with the whale accumulation, has created a positive feedback loop propelling PEPE’s price higher.
PEPE Technical Analysis: Bullish Signals Emerge
Technical analysis of PEPE reveals a symmetrical triangle pattern hinting at a potential 25% breakout. With the RSI at 55.87, PEPE is in a neutral position with room for further appreciation. The MACD histogram shows bullish momentum, while the Stochastic %K and %D suggest robust momentum without reaching extreme overbought levels.
PEPE Price Levels: Key Support and Resistance
Understanding the crucial support and resistance levels for PEPE is essential for traders. The immediate resistance lies at the upper Bollinger Band, while support levels coincide with the 20-day moving average. The symmetrical triangle pattern establishes clear resistance and support levels pivotal for price action.
Should You Invest in PEPE Now? Risk-Reward Analysis
For traders, the current scenario presents an appealing risk-reward profile with bullish catalysts aligning. Aggressive traders can leverage the whale accumulation and technical signals, whereas conservative investors may choose to wait for retracements to key support levels. Swing traders can utilize the neutral RSI and bullish MACD to optimize entry and exit points.
Conclusion
PEPE’s price momentum is anticipated to persist, supported by whale accumulation and technical indicators. Traders should monitor volume for confirmation of a breakout and implement appropriate risk management strategies given PEPE’s volatility.
