Monat: September 2025

• Whale offloaded 500B PEPE ($4.8M), briefly pulling price under $0.0000094.
• PEPE outperformed peers, while meme coin market sank 3%.
• Whale holdings on Ethereum up 1.46% over the past month.

The meme coin market took a jolt on Monday when a big PEPE holder dumped about $4.8 million worth of tokens, sending the price down.

Even with that sell-off, PEPE is still holding up better than most of the meme coin pack, a sign that investors haven’t lost faith in it just yet.

Market data shows that one big PEPE wallet moved 500 billion tokens, worth about $4.8 million over to Binance, signaling a major sell or reshuffle.

The same whale has been in a slump for weeks, down around $450,000 on earlier PEPE trades, and big moves like this often shake up liquidity and prices.

Right after the transfer, PEPE slipped about 1% on the day, falling from highs near $0.00000992 to around $0.00000938 before clawing back some ground.

It’s still stuck below the $0.00001 resistance line, but even so, it held up better than the broader meme coin market, which sank nearly 3% in the same stretch.

Even with the recent selling pressure, other big wallets have been quietly adding to their stacks. On-chain data shows whale holdings of PEPE on Ethereum are up about 1.46% over the past month.

The token now carries a market cap of roughly $4.1 billion, with more than 420 trillion tokens in circulation, cementing its spot among the leading meme coins by value.

PEPE’s price outlook

In the short term, PEPE’s price path looks choppy, with traders watching support near $0.0000074 and resistance around $0.0000098 to $0.00001.

Sentiment remains cautious: there’s some fear in the market, but not enough to trigger a full-scale sell-off. Many expect the token to drift sideways before any clear move higher.

Longer term, some analysts see scope for slow but steady gains as meme coins carve out a firmer place in the crypto market.

Forecasts point to PEPE potentially edging up toward $0.0000117 by the end of 2025, helped by community projects and continued retail interest in meme assets.

Crypto analysts warn that PEPE remains a high-risk, high-volatility asset, with large holders continuing to exert outsized influence on its price.

The latest whale selloff is a reminder of how quickly sentiment can turn in memecoin markets, where speculative trading and social buzz often drive short-term moves.

Even so, PEPE’s ability to hold up better than its peers after the September 1 sale points to steady underlying demand.

In the weeks ahead, the token’s trajectory will likely hinge on a mix of whale activity and broader adoption within the meme coin ecosystem.

Traders are expected to track major transfers and volume changes closely as potential signals of where the market heads next.

The post PEPE price outlook: $4.8M dump tests support, resistance near $0.00001 in focus appeared first on CoinJournal.

• XRP falls 1.94% to $2.75 as risk-off sentiment hits crypto markets.
• Active addresses drop from 50K in July to 19K, showing weak demand.
• $2.70 support is key; losing it could send XRP down toward $2.08.

XRP extended its recent downturn on Monday, with the token slipping 1.94% over the past 24 hours to trade at $2.75.

The decline builds on last week’s sharp sell-off and comes amid broader weakness across the cryptocurrency market.

Analysts suggest that falling onchain activity and reduced investor appetite are weighing on the altcoin, though a potential rebound remains possible if key support levels hold.

Investor sentiment and onchain activity weaken

The latest pullback in XRP comes against a backdrop of declining risk appetite in the digital asset market.

The Crypto Fear & Greed Index has fallen into the “fear” zone at 46, down from “neutral” last week and “greed” a month ago, according to data from Alternative.me.

This shift highlights growing investor caution after months of strong price action.

On-chain metrics reinforce the risk-off mood.

Active addresses on the XRP Ledger have dropped sharply, falling to around 19,250 on Monday compared with roughly 50,000 in mid-July.

Active addresses track the number of wallets sending or receiving XRP, and the steep decline indicates waning participation and lower transaction activity.

Futures market data paints a similar picture.

Open interest in XRP derivatives has contracted to $7.7 billion from $10.94 billion in recent weeks, underscoring a lack of conviction among traders.

Reduced open interest often signals weaker speculative demand, potentially amplifying downside risk in the short term.

Technical picture hinges on $2.70 support

From a technical perspective, the XRP price is testing critical support at $2.70.

The token has been consolidating within a descending triangle pattern since rallying to a multi-year peak of $3.66 in July.

This bearish formation is marked by a flat support line and descending resistance trendline.

If bulls can defend the $2.70 threshold, XRP could attempt a recovery toward the upper boundary of the triangle at $3.09.

That level coincides with both the 50-day simple moving average (SMA) and the 0.618 Fibonacci retracement line.

A successful breakout would strengthen bullish momentum and potentially propel the token toward the $3.70 region, near the apex of the current chart pattern.

However, a failure to hold above $2.70 could trigger fresh selling.

The next area of support lies between $2.60, aligned with the 100-day SMA, and $2.48, corresponding to the 200-day SMA.

A breakdown of this demand zone could expose XRP to losses toward $2.08, representing a 25% decline from current levels.

Market signals highlight uncertain outlook

Order flow dynamics suggest some resilience at the $2.70 level, with liquidation heatmaps showing buyers clustering around this price.

At the same time, significant sell orders are concentrated in the $2.87 to $3.74 range, highlighting the resistance that bulls would need to overcome for a sustained rally.

Technical indicators point to lingering downside risk.

According to Cointelegraph, XRP’s Moving Average Convergence Divergence (MACD) is flashing signals of a potential bearish crossover in September, which could push the token toward $2.17 if confirmed.

For now, XRP’s near-term trajectory appears tied to whether bulls can maintain support at $2.70. While broader market sentiment remains cautious, any rebound from this level could set the stage for renewed upside attempts.

Conversely, a breakdown would likely extend the current downtrend and deepen losses.

The post XRP extends losses as risk-off sentiment pressures crypto market appeared first on CoinJournal.