Market

PEPE Exploits U.S. CPI Boost To Surpass DOGE & SHIB

PEPE's price surpassed $0.00007 for the first time this week, driven by positive macro market signals and a renewed risk appetite from crypto traders.

Haider Jamal
March 13, 2025

Price Analysis

PEPE led the meme coin recovery on Wednesday, outpacing Dogecoin (DOGE) and Shiba Inu (SHIB) as broader crypto markets rebounded, fueled by increased risk appetite and fresh capital inflows. PEPE led with 7% gains, while DOGE and SHIB gained 2.2% and 2.4%, respectively.

Source: CoinGecko

By Thursday, PEPE reached $0.000007, its highest since March 3rd. CoinGecko data shows a 7.4% rise in the meme coin sector, with a total market cap approaching $50 billion.

Price Forecast

PEPE’s 38% rally over four days faces resistance at $0.00000760. The 12-hour Bollinger Bands show widening volatility, with the price testing the midline at $0.00000707. A break above $0.00000760 could push toward $0.00000800, while failure to hold above this level may lead to a pullback, targeting $0.00000579.

The RSI at 49.29 signals market indecision, while the VWAP at $0.00000707 suggests a balanced market. A retracement to $0.00000669 could happen if bulls lose momentum. For sustained growth, PEPE needs to break through $0.00000760 with rising volume, but excessive leverage could cause sharp volatility.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.