The MVRV Z-Score of Pepe (PEPE) coin suggests that it is currently undervalued, similar to levels seen in June 2023. Low MVRV Z-Score values often signal an accumulation phase and potential price growth. The PEPE/ETH trading pair shows an RSI divergence pattern, which historically indicates market reversals. Coinbase is evaluating Pepe for inclusion in their COIN50 Index, which would increase its exposure to investors. The recent shift in the Z-Score to negative values suggests another price bottom before an upward trend. The data also shows a shift toward retail trading, potentially increasing speculative retail-driven price swings. The bullish RSI divergence pattern in the PEPE/ETH trading pair suggests reduced selling pressure. The trend needs confirmation through rising RSI and breaking key resistance levels. Pepe's possible inclusion in the COIN50 Index could lead to short-term price growth. Overall, the future performance of Pepe depends on market trends and investor actions, with the review process determining its trajectory for 2025.
Content Editor ( thecoinrepublic.com )
- 2025-03-07
PEPE Coin MVRV Z-Score Hits Historic Lows—How High Will It Go This Cycle?
