PEPE Price Crashes 50%; Death Cross and an Opportunity next | Airdrop Alert Pro

Pepe has dropped sharply, down nearly 50% in the past month and has reached its lowest price in three months. Investors face huge losses as bearish sentiment captures the meme coin market.

Although further corrections are still needed, emerging technology models may also mean buying opportunities for long-term holders.

Pepe faces bearish cycle

this Exponential Moving Average (EMAS) Indicating increasing bearish pressure, the 200-day EMA approaches the crossover of the 50-day EMA. The event, known as the death cross, is usually a strong bearish signal.

If a cross occurs, sales momentum may intensify, further delaying Pepe’s price.

Currently, the 200-day EMA is only 8% away from completing the death cross formation. If bearish conditions persist, Pepe may struggle Recover in a short period of time. This technology model often leads to a downward trend in various assets.

Despite the bearish signal, the market value of Pepe to the realization value (MVRV) ratio suggests that momentum may change. The MVRV ratio has reached -29%, Put Pepe in it “Opportunity Zone”.

Historically, when the measure dropped to between -17% and -30%, it indicates that sales pressure is about to be exhausted.

The negative MVRV ratio indicates that investors hold unrealized losses, making them less likely to sell further. This creates a cumulative period where long-term holders start buying at a discounted price.

If this trend follows the previous pattern, then the Pepe price may be set for potential recovery.

PEPE price forecast: recovery loss

Pepe currently The transaction price is $0.00000941, below the key support level of $0.00001000. This marks a three-month low for the meme coin, making it one of the worst performing assets this month. Continuous sales pressure makes it difficult for Pepe to recover its upward momentum.

The looming death cross raises concerns about further declines, which could push PEPE higher than the support level of $0.00000839. A drop below this threshold may trigger additional sales, exacerbating investors’ losses.

If bearish momentum remains dominant, Pepe can see extended mergers at lower price levels.

But, if Pepe can take it back $0.00001000 as support. If the Meme coin puts support of $0.00001146 into support, the bearish outlook will be invalidated and the momentum will be shifted to a restored momentum.