Pepe Price Volatility Persists Amid Broad Selling Pressure
Pepe's recent price action has been marked by significant volatility and selling pressure. The token, currently ranked No. 43 in crypto, experienced a pronounced weekly rally triggered by short squeezes and record inflows into Bitcoin ETFs.
This influx prompted forced position liquidations and heightened speculative activity, temporarily boosting trading volumes and market engagement. However, PEPE/USD has since entered a consolidation phase with increased volatility and open interest, but remains under broad selling pressure.
Looking ahead, analysts expect the token to fluctuate within a defined range of $0.000003604 to $0.00000463 over the next 2-3 trading days, with a lower move viewed as more likely. A sustained breakout above $0.00000468 could open a bullish scenario, while a breakdown below the lower bound would signal additional selling ahead.