PEPE enters a deep bear market with 91% decline from peak but shows 4.9% recovery.
PEPE has risen from around $0.000006424 to approximately $0.000006784 at the time of writing, marking a 2.79% increase over the past 24 hours. The price movement displays consistent upward momentum with brief consolidation phases, indicating steady buying interest.
Recent data by analyst Steph_iscrypto is showing that PEPE has officially entered a bear market after failing to hold its bull market support band between $0.000010514 and $0.000010079. The breakdown marked a clear trend reversal, leading to a steep 91.02% decline from its peak.
The weekly chart highlights consistent lower highs and lower lows, signaling sustained bearish momentum. Unless PEPE reclaims the bull market support band, the downtrend is likely to persist, with further weakness possible before any meaningful recovery begins.
Source: X
According to Phoenix Group – Crypto News & Analytics, data from LunarCrush on October 17, 2025, shows that PEPE leads the meme coin market in social activity. It recorded 28.2K engaged posts and over 3 million interactions in the past 24 hours, securing the top spot. This strong online engagement highlights PEPE’s active community and lasting influence in the meme coin sector, even amid a broader market slowdown.
Source: X
Following PEPE, TRUMP ranked second with 24.5K engaged posts and 3.5 million interactions, while DOGE held third place with 20K posts and 2.5 million interactions. Other notable mentions include PUMP with 11.6K posts, APE with 9.1K, and SHIB with 8.9K, all maintaining healthy engagement levels. PENGU, GIGA, BONK, and MOG followed closely, showing that competition among meme tokens remains strong.
PEPE dominates in total activity, and the collective rise in engagement across all top meme projects shows that social sentiment in the meme coin market remains vibrant, suggesting traders and communities are still highly active and responsive despite volatile price trends.
The 1-day PEPE chart shows a mild upward recovery of about 1.95%, with the token trading near $0.00000678 after facing a recent downtrend. The price appears to be consolidating around a key support level at $0.00000660, while the immediate resistance level is seen around $0.00000685.
1-day PEPE price chart. Source: TradingView
The Relative Strength Index (RSI) is currently at 32.65, hovering close to the oversold territory, suggesting that bearish momentum is fading and a potential rebound could be on the horizon. Meanwhile, the Chaikin Money Flow (CMF) stands at +0.04, indicating slight buying pressure and a small inflow of capital into the market.
