{"id":91067,"date":"2025-05-10T21:41:12","date_gmt":"2025-05-10T21:41:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/91067\/"},"modified":"2025-05-10T21:41:12","modified_gmt":"2025-05-10T21:41:12","slug":"pepe-rockets-55-in-4-days-are-whales-luring-investors-into-a-trap","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/91067\/","title":{"rendered":"PEPE rockets 55% in 4 days \u2013 Are whales luring investors into a trap?"},"content":{"rendered":"<ul>\n<li data-start=\"101\" data-end=\"210\">PEPE\u2019s RSI hit 83 as buyer dominance grows, raising red flags for looming volatility and trend exhaustion.<\/li>\n<li data-start=\"319\" data-end=\"435\">Whales accumulated 21.18 trillion PEPE, mirroring historic buy zones that previously preceded sharp corrections.<\/li>\n<\/ul>\n<p>Amid the memecoin frenzy, <a href=\"https:\/\/ambcrypto.com\/predictions\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Pepe [PEPE]<\/a> recorded four days of consecutive gains. Since hitting a local low of $0.0000075, it has surged to a 4-month high of $0.0000139.<\/p>\n<p>At press time, it traded at $0.0000132\u2014up 55.82% this week, despite slipping 2.05% in the past 24 hours. Naturally, this price action suggests strong demand, but there are signs the trend may not hold for long.<\/p>\n<p>This recent price upswing indicates strong demand, with buyers dominating the market.<\/p>\n<p>This buying pressure is increasingly dominant among PEPE\u2019s large holders. As such, whales have bought 21.18 trillion tokens in just 24 hours.<\/p>\n<p>D\u00e9j\u00e0 vu or doom? The market has seen this movie before<\/p>\n<p>Such a massive buying pressure from PEPE whales was last witnessed in November 2024 and January 2025.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/pepe-whale-capital-inflow.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-490078\" class=\"wp-image-490078 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"887\" height=\"502\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/pepe-whale-capital-inflow.jpg\"\/><\/a><\/p>\n<p id=\"caption-attachment-490078\" class=\"wp-caption-text\">Source: IntoTheBlock<\/p>\n<p>This surge in buying has pushed the Relative Strength Index (RSI) to 83, deep into overbought territory. The last time RSI climbed above 80, PEPE hit record highs\u2014only to crash shortly after.<\/p>\n<p>Historically, when buying activity surged to recently witnessed levels, it has preceded price correction as buyers get exhausted and sellers enter the market to take profit.<\/p>\n<p>For instance, in 2024, when RSI reached 88, Pepe surged to $0.00002525 in late November. When it reached 80, prices rallied to an all-time high in December.<\/p>\n<p>After this price uptick, it followed a massive decline, with the memecoin declining as low as $0.0000052.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/pepe-dmi-RSI.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-490074\" class=\"wp-image-490074 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1316\" height=\"718\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/pepe-dmi-RSI.jpg\"\/><\/a><\/p>\n<p id=\"caption-attachment-490074\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<p>So, if history rhymes, this wave of buying could be a prelude to another sharp correction.<\/p>\n<p>What do PEPE charts suggest?<\/p>\n<p>According to AMBCrypto\u2019s analysis, with RSI reaching levels associated with correction, we have witnessed signs of a looming pullback over the past day.<\/p>\n<p>As stated earlier, the memecoin has dropped over the past day, abnormally in the trend over the past four days.<\/p>\n<p>However, the market isn\u2019t folding just yet. PEPE\u2019s Exchange Flow Balance sits at -35.8 billion, showing more withdrawals than deposits. That\u2019s often a bullish sign, as it suggests traders are holding, not selling.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/Pepe-PEPE-exchange-flow-balance.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-490095\" class=\"wp-image-490095 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"867\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/Pepe-PEPE-exchange-flow-balance.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-490095\" class=\"wp-caption-text\">Source: Santiment<\/p>\n<p>The continued accumulation suggests that investors are still bullish and see future potential with the memecoin.<\/p>\n<p>What\u2019s next for the memecoin?<\/p>\n<p>PEPE is still in a strong downtrend at press time, as confirmed by rising DMI. Looking at the Directional Momentum, PEPE is experiencing strong upward momentum with +DI at 46 while -DI at 25.<\/p>\n<p>The momentum suggests a potential continuation of the current trend.<\/p>\n<p>If the trend continues, Pepe will cover the losses recorded on daily charts and attempt a move towards $0.000014. If it breaches this level, the next significant resistance is $0.000016.<\/p>\n<p>However, if the surge in RSI and buying spree leads to history repeating itself, Pepe will retrace to $0.0000107.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/is-flokis-rally-built-on-solid-demand-or-speculative-hype-assessing\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">Is FLOKI\u2019s rally built on solid demand or speculative hype? Assessing\u2026<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"PEPE\u2019s RSI hit 83 as buyer dominance grows, raising red flags for looming volatility and trend exhaustion. Whales&hellip;\n","protected":false},"author":2,"featured_media":91068,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-91067","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114485715575851532","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/91067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=91067"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/91067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/91068"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=91067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=91067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=91067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}