Pepe Crypto at Overbought Crossroads Amid Extreme Sentiment
As of September 22, 2026, Pepe crypto sits at a critical juncture where its daily chart remains bullish but heavily overbought. This setup has invited caution as shorter timeframes already show signs of momentum loss.
The daily RSI14 reading is an elevated 77.14, placing the token deep in overbought territory where trends often pause to digest gains. However, this reading does not necessarily signal a reversal on its own.
On the hourly timeframe, the RSI14 sits at a more sustainable 57.16, indicating that momentum remains intact and has not broken down despite the overheated daily chart.
Looking at the market backdrop, the Fear & Greed Index reads 78, classified as 'Extreme Greed' across the broader crypto market. This sentiment is contradictory to the flat total market capitalization near $2.92 trillion and Bitcoin dominance sitting at 58.89%.