PEPE Price Falls 14% in a Week After Stalling 20-Week
- PEPE’s price slid 14% after a rejection at the 20-week average cut short bullish momentum.
- Bitcoin rotation drained alt liquidity and added downward pressure on PEPE’s recovery.
- On-chain trends reveal steady accumulation as PEPE holds firm above a major demand level.
The price of the PEPE token experienced a significant drop during the past week after failing to break through an important technical level that had capped earlier bull runs. The coin lost almost 14% of its value after it reached the 20-week moving average, which is around $0.00000674, a point that has continually diminished bullish strength since late last year.
Instead of moving higher, the market went down, and the sellers took control again. Currently, the PEPE price at press time is about $0.00000584 after yet another daily decrease of approximately 3%.
Notably, the more extensive weekly picture indicates that the decline happened right below a downtrend resistance line that has been limiting recovery attempts since mid-2025. This trend line is still influencing the market and managing to limit the upward drive, though briefly, during the rebounds.
Market Rotation Adds Pressure
The recent weakness formed against a backdrop of rising Bitcoin dominance, which climbed to 58.49% as traders favored stability during a volatile stretch. Although PEPE’s daily volume surged 137% to about $534 million, most of that activity came from exits rather than renewed accumulation.
Source: CoinMarketCap
As a result, the imbalance kept the PEPE price pinned at lower levels throughout the week. Similarly, performance data underscored the fragility of the move. Over the past two months, PEPE’s price has shown a stronger reaction to market swings than Bitcoin, making it more vulnerable to shifts in risk appetite.
Source: CoinMarketCap
The Altcoin Season Index, sitting at 32, reinforced that dynamic, indicating that the broader environment still favors Bitcoin rather than speculative segments of the market. This shifting of prices increased the influence of the 20-week moving average rejection. Thus, the lack of strong demand to soak up the selling pressure caused the token to fall again into the lower part of its structure, losing a large part of its former recovery.
Technical Levels Shape the Immediate Outlook
From a technical perspective, charts point to clearly defined zones should the current trend persist in the short term. Analysts noted that the PEPE price may revisit the $0.00000410–$0.00000278 area, a zone linked with previous demand.
A retreat toward this region would represent a decline of more than 30% from present levels and would test whether long-term holders are willing to defend it again. Meanwhile, momentum signals remain cautious. The relative strength index drifted around 44, close to neutral but angled downward.
Source: TradingView
While that reading does not reflect panic selling, it indicates that sellers still hold a slight advantage. However, a decisive move below 40 would likely confirm an expansion in downside pressure. On the other hand, any bullish recovery attempt would require reclaiming a sequence of overhead markers.
The 20-week moving average remains the first barrier, followed by the 50-week average near the 23.6% Fibonacci level at approximately $0.0000088. That zone also aligns with the long-standing descending resistance trendline, making it a pivotal point for assessing renewed strength.
Related: River Rips 12% Higher as Bulls Shrug Off Overbought RSI
On-Chain Metrics Offer a Counterbalance
Despite the pullback, the token’s underlying flows show a more restrained picture. Since the start of the year, exchanges recorded roughly $12 million in net inflows, a small figure compared with more than $59 million in previous outflows. The reduced activity indicates that several holders have been shifting tokens to cold wallets rather than increasing selling pressure.
Source: CoinGlass
Market observers describe this as quiet accumulation rather than capitulation. On the same accord, analyst CyrilXBT noted that the token appears to be stabilizing rather than breaking down, with its price holding above demand areas instead of sliding into deeper losses. According to this view, the sharp flush lower has already occurred, and the market is now gauging whether a new base is forming.
For now, PEPE’s price sits at a crossroads defined by the failed push above the 20-week moving average. Broader market rotation, weakening momentum, and persistent resistance continue to weigh on the chart, while subtle on-chain signals hint that some long-term holders remain patient beneath the surface.
