PEPE rallies 27% – More gains ahead? THIS indicator says yes

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Key Takeaways

Pepe metrics revealed Taker Buy dominance in the spot market, and its price action has been flirting with a bullish structure. It’s all pointing to continued gains, like a spring that just won’t stop bouncing after breaking free from its metaphorical wedge.

Ah yes, the whales. As the Nansen data kindly informed us, the big fish are in a buying frenzy. Over $3.5 million spent on 303.19 billion PEPE tokens. Apparently, it’s raining fish in the crypto sea! 🐋

For the long-term investors, rejoice! Whale buying activity has come back, but let’s not get too excited just yet. Compared to November-December 2024, or even May 2025, these whales are positively quiet. Back then, PEPE’s price shot up faster than a caffeine-fueled squirrel. 🐿️

But wait-here’s the twist. While the whales took a short nap, retail investors and the whales themselves rallied to push PEPE higher than your hopes of a Monday morning meeting being cancelled.

The spot taker CVD metric from CryptoQuant is like your best friend giving you a thumbs-up. The market buy volume over the past three months is dominating the scene. This could be the beginning of something bigger-perhaps another rally, as seen in April-May 2025 when PEPE skyrocketed 146% in under two months.

Now, I know what you’re thinking: “Wasn’t the Taker Buy dominance shorter back in 2024?” Yes, dear reader, it was. But back then, derivatives were dancing around and causing PEPE’s price to soar like a balloon at a child’s birthday party. 🎈

How high can the current Pepe rally go?

Since September 5th, PEPE has jumped 27%. And hold onto your hats, folks-on September 10th, it broke free from a descending wedge pattern (yellow), which means it’s likely to aim for the wedge’s highest point. So, where’s that going? $0.00001266, my friends. And that’s your ‘take-profit’ target, assuming you’re already riding the wave. 🏄‍♂️

The MFI indicator is doing its happy dance with strong upward momentum and buying pressure. But don’t panic, it hasn’t hit the “overextended” zone just yet. Just like that one friend who thinks they can drink everyone under the table at a party, but still knows when to quit.

Pepe’s market structure has been as bullish as a raging bull in May, despite that slight hiccup toward $0.00001 in August. The $0.00001266 mark? Sure, it’s a minor resistance. But $0.00001475? That’s the real party zone. 🕺

If trading volume keeps climbing and $0.00001266 transforms from resistance to support like a reverse Cinderella story, we could be in for a truly bullish ride. And let’s not forget-whale buying and the dominance of spot takers are keeping the good vibes rolling.

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2025-09-13 16:21