Are the Bulls Ready to Launch a Bigger Run and Break Through Key Levels?

By: bitcoin ethereum news|2025/05/12 20:00:12

PEPE is trading in the $0.000014 range. Its daily trading volume has surged by over 51%. With the greedy sentiment in the crypto market, all the major assets have jumped to their new highs. Notably, the meme coin market cap rests at around $83.5 billion, after a 3.2% gain. Meanwhile, the frog-themed meme coin, PEPE, has recorded a 10.95% surge. PEPE kickstarted the day trading at a low of around $0.00001309. Later, the bullish command has likely pushed the meme coin to a high of $0.00001536. PEPE is trading around the $0.00001464 mark, with its market cap resting at $6.16 billion. Consequently, PEPE’s daily trading volume has surged by over 51.93%, reaching $2.76 billion. Furthermore, the market has witnessed a $6.37 million PEPE liquidation within this interval, as per Coinglass data. Over the last seven days, PEPE has registered a solid 80.62% gain. The meme coin opened the week trading at around 0.0000076. With the potential bullish shift, it has risen to the current trading level. Will PEPE Climb Higher or Lose Steam? The four-hour PEPE/USDT pair shows a brief bullish pattern on the charts. The formation of the green candles could likely trigger the price to climb to $0.00001486. Further upside correction has the potential to push the meme coin to the $0.000015 range. If the price chart prints with a red shade, erasing the recent gains, it triggers the downside correction. It will find immediate support at the $0.00001442 level. The longer the bears stay, PEPE might form the death cross, aiming for a lower target at around $0.000013. The MACD line of PEPE is settled just above the signal line, indicating a brief upside momentum. This crossover is an early sign of upward momentum. Besides, the CMF reading of -0.00 suggests neutral sentiment; there is no significant buying or selling dominance within the market. An RSI value of 78.58 implies that the meme coin is in overbought territory. This hints at a price correction or pullback. In addition, the BBP reading resting at 0.00000279 signals a slight uptrend, with the bulls having a minor edge over the bears. Highlighted Crypto News PNUT Gains Steam, Will Peanut the Squirrel Climb Back to $1? Source: https://thenewscrypto.com/pepe-price-and-volume-surge-are-the-bulls-ready-to-launch-a-bigger-run-and-break-through-key-levels/

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

WEEX API Broker Program: Turn Your Trading Platform Into a Revenue Engine

Become a WEEX API Broker and earn up to 70% trading fee sharing. Get institutional-grade liquidity, OAuth Fast Connect, and a 4-5 day integration for your AI trading platform, bot, or signal community.

How to choose between buying discounted ETH, Bitmine, and SharpLink?

The answer may not lie in whose story is told better, but in specific dimensions such as cost of holding, financing ability, liquidity, and whether the narrative can be realized.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Dan Bin's latest speech: Don't miss out on a great era

Don't let hesitation trap your steps, and don't let shortsightedness waste the passing years—make sure not to miss this magnificent era that belongs to us.

Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains

While laying off employees and issuing bonds, it is the predictive market business that temporarily supports the income.

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.