The crypto world is buzzing with conversation, and it’s time to dive into the state of PEPE. With Bitcoin’s reign continuing to dominate the scene, it’s a wonder where altcoins stand. But hold tight, because PEPE’s price structure is hinting that something could be brewing. As we explore the market trends and indicators shaping PEPE’s journey, we’ll consider whether it’s poised to break free and ignite a new wave of excitement.

The Current State of the Crypto Market

The cryptocurrency market has been navigating some uncertain waters recently, grappling with bearish pressure while Bitcoin continues its strong performance. A significant cause for concern is Bitcoin’s escalating dominance. This has risen sharply from a December 4th low of 54.74% to a current dominance of 59.56%, bringing pain to altcoins and memecoins alike.

Take PEPE, for example—one of the top memecoins that has seen a staggering 38% drop over the last two months. As of today, PEPE still paints a grim picture, continuing to trade in the red as the market anticipates high volatility leading up to the FOMC meeting, which is set for 2:30 PM ET.

Bitcoin’s Dominance and Altcoin Pain

The sway held by Bitcoin in the cryptocurrency market often casts a long shadow. When Bitcoin’s dominance rises, it generally suggests that investors are moving their capital from altcoins to Bitcoin, seeking a refuge from volatility. Naturally, this pullback can lead to a dip in both the market capitalization and prices of altcoins, including PEPE.

On the flip side, a decline in Bitcoin’s dominance can signal the start of an “altcoin season”, where funds flow back into altcoins. During these times, investors are more inclined to take risks to chase higher returns.

PEPE’s Market Analysis and Indicators

A keen observation from crypto expert @MaxBecauseBTC indicates that PEPE could be on the brink of a significant move. The price structure is eerily reminiscent of its trajectory from late 2023, a time when PEPE experienced a massive 11x rally in early 2024.

Back in December 2023, PEPE formed a local bull trap before correcting into a key demand zone known as the Monthly FVG+. It then consolidated and finally found its floor on February 5th, leading to an astonishing 1,160% surge over the next 38 days, peaking on March 14th.

A similar pattern appears to be unfolding in 2025, with PEPE entering the same monthly FVG+ support zone and showing bullish divergence with Bitcoin. If history has its way, PEPE might be on the cusp of another powerful breakout, with analysts poised for a trend reversal confirmation in the coming days.

Technical Dynamics at Play

Key Levels

Watching PEPE’s movements means paying attention to the crucial support zone between $0.00001135 and $0.00001350, marked by the Monthly FVG+ area. Holding this support is crucial for PEPE to initiate a reversal. For the bulls to regain control, they must overcome the initial resistance level at $0.00001900, with a significant breakout zone at $0.00002180. History could repeat itself, leading PEPE to aim for another noteworthy rally, reminiscent of its previous 1,160% ascent.

Technical Indicators

• Relative Strength Index (RSI): The RSI is on the rise, suggesting increasing buying pressure.
• Moving Average Convergence Divergence (MACD): The MACD shows a bullish trend, bolstered by the recent price uptick.
• Money Flow Index (MFI): The MFI shows a decline, alarmingly approaching the neutral level of 50.

External Influences at Play

While technical indicators suggest a potential breakout, outside market forces—including Bitcoin’s dominance trends, the outcome of the FOMC meeting, and overall investor sentiment—will undoubtedly impact PEPE’s short-term journey. The Monthly FVG+ support zone must hold firm for bulls to retake control, and should the pattern prove accurate, PEPE could be setting up for yet another explosive rally.

FOMC Meetings and Their Impact

FOMC meetings have a long history of influencing the cryptocurrency market due to their implications for monetary policy, interest rates, and overall economic conditions. Such events can lead to significant volatility, affecting investor confidence in the crypto space. The outcomes—like the conclusion of quantitative tightening or interest rate shifts—can either ignite relief rallies or incite market sell-offs across cryptocurrency.

Regulatory Changes and Market Dynamics

North American regulations can dramatically shape the dynamics of the memecoin market, impacting market volatility and investor views on these assets. Supportive regulations can bolster growth, while uncertainty can bring risks.

Wrap Up

PEPE’s market analysis suggests a potential breakout as Bitcoin continues to dominate and the FOMC meeting brings volatility. Key levels include the support zone at $0.00001135-$0.00001350, with a resistance level at $0.00001900. External factors—Bitcoin’s dominance trends, FOMC outcomes, and regulatory changes—will be crucial in determining PEPE’s short-term path. If the pattern holds, PEPE may be gearing up for another explosive rally, reminiscent of its previous 1,160% surge.

The author does not own or have any interest in the securities discussed in the article.