The price seems dead, but smart holders are taking over behind the scenes.

Author

Simon Chandler

Author

Simon Chandler

Since part of the group

January 2018

About the author

Simon Chandler is a Brighton-based writer and journalist with over a decade of experience writing about crypto, technology, politics and culture. Since late 2017, he has written for Cryptonews.com,…

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Last Updated:

February 2, 2026

The price of Pepe coin has decreased by 2% in the last 24 hours, down to $0.000004111 after the weekend, the total value of the crypto market has dropped to $2.66 trillion.

This is an 11% drop in just a few days and means that PEPE's current price is down 14% for the week and 31% for the month, while the meme token – currently the 57th largest coin in the market – has suffered a 66% fall in the past year.

These are very disappointing drops, but increasing indicators suggest that PEPE is close to bottoming out and may soon rally strongly.

This is evident in the MVRV long-short divergence indicator, which is about to turn positive after several months in negative territory, as long-term holders begin to dominate the market again.

A level above 0 indicates that long-term holders are dominant in terms of profits, and it indicates a shakeout in which the PEPE price may rebound strongly.

Coupled with meme token's sustained popularity and other oversold indicators, the PEPE price forecast is starting to look very strong again.

Pepe Coin Price Prediction: Price Looks Dead, But Smart Holders Are Controlling Behind The Scenes

As we can see from the PEPE price chart below, the indicators have more or less fallen as far as they can go as the coin has hit what appears to be a true bottom.

The relative strength index (yellow) has dropped to 30 in the last few hours, and PEPE is already showing signs of a move back up, gaining 1% in the last hour.

Its MACD (red, green) is at a low level, testing the long-term support of $0.0000040, which we can tell from the actual price action.

There is a very good chance that it could rise above this level and make some quick gains, although a further drop below this key area could foretell a serious fall.

However, as the long-short divergence indicator MVRV mentioned above indicates, the balance is shifting towards long-term holders and collectors, so the only direction will eventually rise.

So next week the PEPE price will return to $0.00000450 and the end of Q1 target is $0.0000070.

Longer term, we can see it reaching $0.000010 in H2 and ending the year at $0.000020.

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