Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
PEPE Poised for Momentum Gains at $0.0545 Amid Tight Market Range

PEPE Poised for Momentum Gains at $0.0545 Amid Tight Market Range

CryptonewslandCryptonewsland2025/12/07 23:27
By:by Vee Peninah
  • PEPE trades at $0.054497 after a 3.4% daily rise, staying within a very tight intraday range.
  • Support at $0.054341 continues to anchor the lower boundary of the current price structure.
  • Resistance at $0.054585 forms a narrow ceiling, keeping PEPE confined between two close levels.

PEPE continued to trade within a narrow band during the latest session, and its market behavior remained tightly aligned with the current price structure. The asset now trades at $0.054497 after posting a 3.4% gain over the past 24 hours . This shift places PEPE close to its immediate resistance while keeping it above the stated support level at $0.054341. 

The range between support and resistance remains unusually tight, and the 1-hour market cap chart reflects consistent oscillations across recent weeks. These conditions shape the market’s short-term focus because traders now monitor how price reacts while staying inside a compressed structure.

PEPE Holds Steady in a Tight Range as Indicators Signal Mild Bullish Momentum

The current $0.054341 to $0.054585 range defines PEPE’s near-term behavior. Price has held within this zone across multiple sessions, which creates a contained environment for short-term tracking. The 24-hour increase of 3.4% lifted the asset toward the upper boundary at $0.054585, which now stands as the next barrier. 

PEPE Poised for Momentum Gains at $0.0545 Amid Tight Market Range image 0 PEPE Poised for Momentum Gains at $0.0545 Amid Tight Market Range image 1 Source: TradingView

However, the move remained measured, and the price did not break outside the defined range. The RSI was trading at 55.38 which shows the coin was in a neutral momentum neither overbought nor oversold. Moreover, the MACD line is trading above the signal line indicating bullish momentum. This pattern maintains interest in how PEPE behaves if it revisits its lower range limit during upcoming sessions.

Tight Market Conditions Shape PEPE’s Short-Term Trading Rhythm

The support level at $0.054341 continues to anchor the market structure. Price stayed above this mark despite multiple intraday pulls, and the recent increase strengthened the short-term position. The tight spacing between support and resistance adds importance to this lower boundary. However, the presence of steady oscillations suggests that price continues to dip toward mid-range levels before returning upward. 

The resistance level at $0.054585 sits only slightly above the current price, creating a very narrow ceiling. Price reached near this upper boundary after the 3.4% daily rise but remained inside the defined band. This proximity shapes the near-term view because any movement toward the level provides a clear reference for market observers. However, the market cap chart shows consistent swings rather than extended directional moves, which reinforces the importance of tracking reactions at this upper level.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

SOL Price Forecast and Solana's Market Strength in Late 2025: A Two-Factor Assessment

- Solana (SOL) faces pivotal 2025 juncture with Fed easing and blockchain upgrades driving price resilience. - Fed rate cuts and $421M institutional inflows via ETFs (e.g., REX-Osprey) boost crypto adoption amid low yields. - Firedancer/Alpenglow upgrades cut validator costs by 80%, enabling 100-150ms finality and $10.2B DeFi TVL growth. - $133 support level and bullish TD Sequential signals suggest $150-$165 target by year-end despite inflation risks.

Bitget-RWA2025/12/08 01:02
SOL Price Forecast and Solana's Market Strength in Late 2025: A Two-Factor Assessment

The Federal Reserve's Change in Policy and Its Effects on Rapidly Growing Cryptocurrencies Such as Solana

- Fed's 2025 rate cut and QT halt injected $72.35B liquidity, briefly boosting crypto markets and Solana (+3.01%) amid easing monetary policy. - Prolonged US government shutdown and $19B October liquidation event exposed crypto's liquidity risks, despite Fed support for speculative assets. - Solana saw $3.65B trading volume but 6.1% price drop in November, with TVL falling 4.7% as regulatory pressures and macro volatility offset institutional inflows. - SIMD-0411 proposal aims to reduce Solana issuance by

Bitget-RWA2025/12/08 01:02
The Federal Reserve's Change in Policy and Its Effects on Rapidly Growing Cryptocurrencies Such as Solana

LUNA Rises 42.62% Over the Past Week Amid Ongoing Legal Developments in the Terra Ecosystem

- Terra's LUNA token surged 42.62% in 7 days amid ongoing legal proceedings against co-founder Do Kwon. - Prosecutors seek 12-year prison sentence for Kwon over 2022 Terra collapse, which triggered $40B market losses. - LUNA Classic and LUNC rose 70-130% as investors view legal drama as catalyst for renewed Terra ecosystem interest. - Kwon's guilty plea and sentencing hearing on Dec 11 could shape market sentiment, though pardon odds remain at 2%. - "Bankruptcy concept coins" like USTC and FTT also surged,

Bitget-RWA2025/12/08 00:30
LUNA Rises 42.62% Over the Past Week Amid Ongoing Legal Developments in the Terra Ecosystem

Bitcoin’s Latest Price Swings and Institutional Outlook: Managing Uncertainty in an Evolving Cryptocurrency Environment

- Bitcoin's 40% November 2025 price drop highlights volatility challenges despite growing institutional adoption and regulatory clarity. - 55% of hedge funds now hold Bitcoin as strategic inflation hedge, driven by ETF approvals and $3 trillion institutional asset unlocking. - Macroeconomic correlations (S&P 500 at 0.48) and Fed policy shifts demonstrate Bitcoin's evolving role as macroeconomic barometer. - 72% of institutions adopted advanced risk frameworks in 2025, emphasizing AI monitoring and regulato

Bitget-RWA2025/12/08 00:24
Bitcoin’s Latest Price Swings and Institutional Outlook: Managing Uncertainty in an Evolving Cryptocurrency Environment
© 2025 Bitget