A descending channel pattern appears when price moves between two downward-sloping parallel lines, indicating lower highs and lower lows during a downtrend.
If this pattern confirms a breakout to the upside, PEPE may rise by approximately 85% from the current price of $0.00001115, targeting a move toward $0.00002051.
The price has been moving inside the red parallel channel since late May. The 50-period Exponential Moving Average (EMA), currently at $0.00001163, acts as dynamic resistance. PEPE is trading below this EMA, which signals that sellers still hold control.
However, the price recently bounced near the lower boundary of the descending channel. This type of rebound often precedes a breakout attempt, especially if accompanied by rising volume.
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The previous strong rally in early May created the initial momentum, and the current structure appears to be a consolidation phase. If PEPE breaks above the channel’s upper resistance line with strong volume, the 85% breakout projection could play out, measured from the height of the previous upward move.
Until that breakout happens, the descending channel remains valid, and the risk of continued consolidation or downside persists. Still, the presence of a measured breakout target at $0.00002051 shows significant potential if buyers return with strength.
PEPE DMI Signals Weak Trend With Slight Bullish Bias
On June 15, 2025, the Directional Movement Index (DMI) on the 4-hour PEPE/USDT chart showed mixed signals. The orange Positive Directional Indicator (+DI) crossed above the blue Negative Directional Indicator (−DI), suggesting mild bullish pressure. The +DI stood at 21.38, while the −DI remained lower at 18.49.
PEPE Directional Movement Index (DMI) 4H. Source: TradingView
Despite the crossover, the red Average Directional Index (ADX) printed 21.10, signaling that the overall trend strength remains weak. An ADX reading below 25 typically means the market lacks a strong directional move, regardless of whether bulls or bears are leading.
This structure points to a possible shift toward bullish momentum, but not enough strength has emerged to confirm a solid trend. Unless ADX rises above 25 in the coming sessions, PEPE’s price may stay range-bound or fail to sustain any breakout. The DMI data supports ongoing consolidation unless buying pressure significantly increases.
PEPE MACD Flattens as Momentum Weakens
The PEPE/USDT 4-hour chart displayed signs of trend exhaustion based on the Moving Average Convergence Divergence (MACD) indicator. The MACD line (blue) read −0.00000025, while the signal line (orange) stood close at −0.00000028. Both values hovered just below zero.
PEPE Moving Average Convergence Divergence (MACD) 4H. Source: TradingView
The minimal gap between the two lines reflects weak momentum in either direction. While a bullish crossover occurred earlier this month, the latest flattening suggests fading strength in the short-term trend.
The histogram bars, which measure the distance between the MACD and signal line, have nearly vanished. This visual cue indicates a loss of momentum and absence of a dominant trend at the moment.
If the MACD line crosses above the signal line again with increasing histogram bars, a new bullish phase could start. However, without rising momentum, the MACD structure currently points to a neutral to indecisive market for PEPE.
PEPE RSI Shows Weak Recovery From Near-Oversold Zone
As of June 15, 2025, the Relative Strength Index (RSI) for PEPE/USDT on the 4-hour chart printed 44.74, slightly above the neutral 50 level. The RSI had recently bounced from a low near 30, which borders the oversold threshold.
PEPE Relative Strength Index (RSI) 4H. Source: TradingView
The yellow moving average of RSI stood at 39.08, showing a lag in momentum recovery. RSI climbing above this average indicates some upward price movement, but not yet enough to confirm strong bullish momentum.
Throughout the chart, RSI has consistently failed to sustain moves above the 70 zone, showing lack of overbought strength. At the same time, frequent dips toward the 30 level show repeated weakness without forming a strong trend.
With RSI holding below 50 and volatility decreasing, the current signal points to a weak upward move without confirmation of sustained buying. A firm break above 50 would be needed to signal a potential shift in momentum. Until then, RSI suggests limited strength behind the current price bounce.
PEPE Tops LunarCrush AltRank as Memecoins Expand Market Reach in 2025
On June 14, 2025, PEPEclaimed the number one spot on the LunarCrush AltRank—a metric that tracks social media activity and price performance relative to Bitcoin. This rise highlights memecoins’ growing role in shaping the crypto landscape through community-driven momentum, humor, and viral influence.
PEPE’s lead signals a wider trend. Other memecoins also gained traction. HYPE ranked second, driven by strong exchange listings and bullish momentum. KAITO followed in third place, boosted by progress in artificial intelligence integrations and growing developer support.
LunarCrush data shows that investor attention is increasingly shifting from traditional fundamentals to social engagement. While price and market cap remain key indicators, retail sentiment now plays a stronger role in influencing crypto visibility and adoption.
The ranking didn’t favor only memecoins. Utility-based tokens also remained strong. Bitcoin Cash (BCH) secured fourth place, supported by rising peer-to-peer transactions and use among payment service providers. Internet Computer (ICP), at fifth, showed continued developer activity and Web3 development progress. Litecoin (LTC), in sixth, saw gains from growing on-chain usage and integration with payment systems.
Celestia (TIA) also appeared in the top rankings, reflecting renewed interest in modular blockchain networks. AERO attracted attention following major network upgrades, and BMT entered the top ten ahead of its anticipated governance release. Ravencoin (RVN), focused on tokenizing securities, gained traction as demand for compliant asset tokenization increased.
Together, these shifts reflect a maturing market. Investors are now balancing social momentum with practical utility. Memecoins like PEPE continue to dominate digital conversations, while infrastructure-focused tokens gain recognition for long-term value. This dual momentum is shaping new dynamics in the cryptocurrency space and influencing both adoption trends and project development.
Tatev Avetisyan is a Markets Writer and Analyst at CoinChapter, covering cryptocurrency markets, policy, and regulation. With over seven years of experience in business and marketing development, she has spent the past two years specializing in digital assets and has authored more than 2,000 articles on crypto markets and regulatory developments.She contributes as a guest writer to leading industry publications and is a prominent Web3 advocate in Armenia through Web3Armenia. Her work reflects a broader focus on artificial intelligence and Web3 technologies.
Tatev maintains a diversified crypto portfolio, with Bitcoin as her primary holding above CoinChapter’s $1,000 disclosure threshold.