PEPE Price Prediction and Impact of Market Correction on Investors

PEPE Investors Look to Sell

PEPE price hit a new all-time high, but profit-taking is looming as investors aim to capitalize on gains. Realized profits indicate a surge in selling sentiment among holders.

PEPE Network Realized Profits Source: Santiment

This selling sentiment is reflected in active addresses, with over 40% of investors benefiting from gains and looking to sell to secure profits.

PEPE Active Addresses by Profitability Source: IntoTheBlock

Holding support at $0.00001007 is crucial for PEPE; failure could lead to a drop to $0.00000900 or even $0.00000750 if profit-taking escalates.

PEPE Price Prediction: A Downfall on the Cards?

Trading at $0.00001020 after an ATH of $0.00001161, PEPE faces a potential decline if profit-taking increases. However, holding at $0.00001007 might pave the way for recovery and a renewed bullish trend.