Should You Buy Meme Coins Now? PEPE Rockets Up 14% in a Day
Global investment markets are ripping on the back of Trump’s 90-day tariff pause, and meme coins like Pepe have responded fast, jumping 14% on the daily.
The return of risk-on sentiment has sparked a wave of dip-buying.
PEPE is still down 44% from its pre-tariff war levels just over two months ago, giving it a claim in the “best cryptos to buy now” conversation.
Crypto Surges: Should You ‘Buy the Dip’ on Meme Coins?
Since the tariff war began in early February, risk assets like crypto have become increasingly vulnerable to volatility under heavy market FUD.
And when crypto bleeds, meme coins often bleed more. Their speculative nature has dragged the meme coin market down 52.5% over the period, now sitting at a $44 billion market cap.
But that same volatility cuts both ways. Today meme coins are outperforming, up 7.56% to the broader crypto market’s 5.52%—they are soaking up fresh retail liquidity.
PEPE Price Analysis: Is This the Bottom?
Today’s reversal suggests a potential bottom, with a successful retest of a long-term support zone that has guided lows since mid-2024.
PEPE now approaches a confluence zone, where this support intersects with the resistance that has capped upside attempts throughout its 4-month downtrend.
This sets the stage for a potential break from the resistance—part of a falling wedge pattern that guided price movements since early December.
Momentum indicators back this outlook. The MACD line is reversing into an uptrend, closing in on a golden cross with the signal line—suggesting selling pressure is weakening.
More so, the RSI is showing early signs of recovery, climbing toward 40 after spending the past month stuck near the oversold threshold.
If buying pressure persists, a pattern breakout targets highs around $0.00002, marking a 190% gain from current levels.
But in the near term, PEPE could first retest February’s high of $0.00001—a 50% move from here.
This New ICO Uses AI to Find Exclusive Opportunities for Holders
Those who panic sold too early or waited too long to buy the dip are missing out on explosive market gains.
That’s where MIND of Pepe ($MIND) steps in, giving traders a chance to get in early and stay ahead of high-gaining opportunities.
The MIND of Pepe AI will actively engage with the crypto community through X—driving conversations, uncovering alpha opportunities, and delivering exclusive, token-gated insights.
Inside its Telegram community, holders get early access to high-potential tokens before they hit the market, keeping them ahead of the curve.
At the time of writing, MIND has raised over $7.9 million in its ongoing presale, capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents.
You can keep up with MIND of Pepe on the mentioned socials, or join the presale on the MIND of Pepe website.
The post Should You Buy Meme Coins Now? PEPE Rockets Up 14% in a Day appeared first on Cryptonews.
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Should You Buy Meme Coins Now? PEPE Rockets Up 14% in a Day
Global investment markets are ripping on the back of Trump’s 90-day tariff pause, and meme coins like Pepe have responded fast, jumping 14% on the daily.
The return of risk-on sentiment has sparked a wave of dip-buying.
PEPE is still down 44% from its pre-tariff war levels just over two months ago, giving it a claim in the “best cryptos to buy now” conversation.
Crypto Surges: Should You ‘Buy the Dip’ on Meme Coins?
Since the tariff war began in early February, risk assets like crypto have become increasingly vulnerable to volatility under heavy market FUD.
And when crypto bleeds, meme coins often bleed more. Their speculative nature has dragged the meme coin market down 52.5% over the period, now sitting at a $44 billion market cap.
But that same volatility cuts both ways. Today meme coins are outperforming, up 7.56% to the broader crypto market’s 5.52%—they are soaking up fresh retail liquidity.
PEPE Price Analysis: Is This the Bottom?
Today’s reversal suggests a potential bottom, with a successful retest of a long-term support zone that has guided lows since mid-2024.
PEPE now approaches a confluence zone, where this support intersects with the resistance that has capped upside attempts throughout its 4-month downtrend.
This sets the stage for a potential break from the resistance—part of a falling wedge pattern that guided price movements since early December.
Momentum indicators back this outlook. The MACD line is reversing into an uptrend, closing in on a golden cross with the signal line—suggesting selling pressure is weakening.
More so, the RSI is showing early signs of recovery, climbing toward 40 after spending the past month stuck near the oversold threshold.
If buying pressure persists, a pattern breakout targets highs around $0.00002, marking a 190% gain from current levels.
But in the near term, PEPE could first retest February’s high of $0.00001—a 50% move from here.
This New ICO Uses AI to Find Exclusive Opportunities for Holders
Those who panic sold too early or waited too long to buy the dip are missing out on explosive market gains.
That’s where MIND of Pepe ($MIND) steps in, giving traders a chance to get in early and stay ahead of high-gaining opportunities.
The MIND of Pepe AI will actively engage with the crypto community through X—driving conversations, uncovering alpha opportunities, and delivering exclusive, token-gated insights.
Inside its Telegram community, holders get early access to high-potential tokens before they hit the market, keeping them ahead of the curve.
At the time of writing, MIND has raised over $7.9 million in its ongoing presale, capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents.
You can keep up with MIND of Pepe on the mentioned socials, or join the presale on the MIND of Pepe website.
The post Should You Buy Meme Coins Now? PEPE Rockets Up 14% in a Day appeared first on Cryptonews.
Read More