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Key Insights:
- PEPE’s support at $0.00000756 could trigger a price recovery.
- New PEPE addresses continue to grow, signaling increased demand.
- A 330% rally is predicted if PEPE sustains its current support levels.
PEPE price faces a crucial test of its support level while traders gauge whether it can recover. Crypto analyst Rose identifies $0.00000756 as an essential price point where potential buyers may intervene to stop further price drops. This support level is crucial because if the price sustains above, it indicates potential recovery, but its failure to hold could trigger more price drops.
New PEPE Addresses Continue to Show Growth
The PEPE network maintains steady growth in new address creation regardless of price variations. New addresses surged substantially during price bull runs but experienced small reductions when market rallies end.
However, the market corrections do not eliminate the ongoing growth of new PEPE addresses because investors continue to participate in the network after price declines.
New PEPE address creation maintains elevated levels throughout successive market cycles, according to Glassnode data from May 2023 to early 2025. The data indicates that investor retention remains high, even though some investors choose to sell their holdings during market downturns.
The continuous growth of users demonstrates increasing market demand, which enhances the project’s ability to endure over time.
PEPE Price Tests Support as Analysts Predict a 330% Rally
PEPE maintains its position within a robust support area that includes both historical breakout levels and trendline resistance. The area represents a high-reward entry point according to analysts because historical price movements indicate a strong potential for price recovery.
The sustained recovery potential exists if PEPE maintains its current support level, which could trigger momentum toward the next resistance zone.
The $0.00002761 target price indicates a potential 330% increase if support levels remain intact. However, the price faces potential additional decline toward $0.00000756 if it cannot sustain its current position.
Conversely, the market shows bullish tendencies because previous price corrections led to market recoveries. This area is crucial to watch because PEPE’s movement within this zone will decide if the token continues its upward trajectory.
PEPE Addresses and Price Trends Signal Market Stability
The PEPE network maintains steady growth in its address count regardless of price fluctuations. The pink line in the chart tracks PEPE wallet ownership, which demonstrates continuous growth throughout the period.
The upward trend in investor ownership demonstrates that more people are buying and keeping the tokens throughout price drops.
PEPE’s price movements are tracked through the black line, which demonstrates substantial price variations. The price experienced rapid growth, which led to price corrections, yet the number of active wallets either maintained its stability or grew steadily.
Investors demonstrate a long-term investment approach by maintaining their PEPE holdings rather than completely exiting the market. The price of the token decreased from $0.000024 in late 2024 to $0.000012 in early 2025 yet the total wallet count has kept rising.
The 30-day average of PEPE addresses reached 381.99k, while the highest point was 386.15k on February 27, 2025, and the lowest point was 376.3k on January 29, 2025. The data demonstrates that investor participation shows no signs of decline throughout price correction periods. The ongoing investor participation may lead to price stability or market recovery when market sentiment improves.
With market confidence showing no signs of weakening based on the growing number of active addresses. A price rebound above $0.00000756 for PEPE price could trigger the start of an upcoming bullish trend.
Disclaimer
In this article, the views and opinions stated by the author or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
