{"id":54453,"date":"2025-06-18T15:31:35","date_gmt":"2025-06-18T15:31:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/can-the-memecoin-break-from-the-bear-trend\/"},"modified":"2025-06-18T15:31:35","modified_gmt":"2025-06-18T15:31:35","slug":"can-the-memecoin-break-from-the-bear-trend","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/can-the-memecoin-break-from-the-bear-trend\/","title":{"rendered":"can the memecoin break from the bear trend?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/pepe-meme-coin-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/pepe-meme-coin-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/pepe-meme-coin-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/pepe-meme-coin-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>PEPE continues to trend downwards with a 21% price drop this week.<\/li>\n<li>Key support at POC could decide short-term direction.<\/li>\n<li>Geopolitical tensions between Israel and Iran are driving risk-off sentiment in memecoins.<\/li>\n<\/ul>\n<p>Pepe (PEPE), the wildly popular <a href=\"https:\/\/coinjournal.net\/ethereum\/what-is-ethereum\/\">Ethereum<\/a> memecoin, has once again found itself at the centre of market volatility as traders confront a renewed wave of bearish pressure.<\/p>\n<p>Despite its meme status and vibrant community support, the token has entered a critical technical zone following a series of steep daily losses that raise pressing questions about its short-term prospects.<\/p>\n<h2>Selling pressure intensifies as technical structure weakens<\/h2>\n<p>PEPE has posted a sharp 21% weekly correction, confirming a lower low on the weekly chart and cementing its place in a broader bearish structure that has been developing over several weeks.<\/p>\n<p>After failing to reclaim its value area high, the token faced an aggressive rejection at the key 0.618 Fibonacci retracement level, which triggered a swift sell-off that erased earlier gains and pushed price action further into negative territory.<\/p>\n<p>With each failed attempt to recover key levels, the token has continued to print lower highs and lower lows, a pattern that strongly signals bearish continuation under current conditions.<\/p>\n<p>This sequence of breakdowns reflects not only waning technical momentum but also growing risk aversion among traders, particularly in the high-beta memecoin segment.<\/p>\n<h2>All eyes are on the point of control<\/h2>\n<p>The market\u2019s next focal point is the point of control (POC), a zone that combines the 0.786 Fibonacci retracement with historically high trading volume and a long-standing monthly support level.<\/p>\n<p>As PEPE approaches this critical level, market watchers are keenly observing whether buyers will step in with enough conviction to halt the decline and engineer a bounce.<\/p>\n<p>If price finds stability at the POC with sufficient volume support, a short-term reversal may emerge, offering the potential for a structural shift in the trend and a retest of prior resistance zones.<\/p>\n<p>However, should this support fail, the door will open to further downside, possibly leading to a full rotation toward the value area low, a level that could mark a deeper correction phase.<\/p>\n<p>The importance of the POC cannot be overstated, as it represents a decisive battleground between bulls and bears in the current cycle.<\/p>\n<h2>Geopolitical shocks compound PEPE\u2019s weakness<\/h2>\n<p>Beyond technical indicators, recent geopolitical events have dramatically worsened the outlook for speculative assets like PEPE, as traders react sharply to escalating conflict in the Middle East.<\/p>\n<p>The ongoing military escalation between Iran and Israel, including massive missile exchanges and direct assaults on key infrastructure, has shaken global markets and prompted a risk-off shift that has particularly impacted memecoins.<\/p>\n<p>PEPE, along with other notable meme assets like FLOKI and WIF, has led the market losses, with PEPE alone plunging over 4% within 24 hours, <a href=\"https:\/\/www.coingecko.com\/en\/coins\/pepe\">according to Coingecko<\/a>, as investor sentiment deteriorated.<\/p>\n<p>Notably, memecoins are typically the first to suffer in such scenarios due to their highly speculative nature and the absence of strong fundamental backing.<\/p>\n<p>Whale activity further illustrates this vulnerability, with PEPE\u2019s whale netflow collapsing by a staggering 97%, indicating large holders are distributing rather than accumulating.<\/p>\n<p>Even positive developments, such as FLOKI\u2019s 15 billion token burn, failed to buoy sentiment as traders used the news as an opportunity to exit rather than buy.<\/p>\n<h2>PEPE price outlook remains cautious<\/h2>\n<p>While some market observers believe PEPE\u2019s pullback remains within historical volatility norms, the ongoing risk-off environment and weak technical structure point to continued caution in the near term.<\/p>\n<p>In addition, the broader macroeconomic triggers, such as the upcoming FOMC decision, could play a decisive role in shaping short-term price action across crypto markets, including memecoins.<\/p>\n<p>Until then, the fate of PEPE hinges on whether the point of control can hold firm, allowing price action to stabilise and reverse the current trajectory.<\/p>\n<p>If the POC fails, the memecoin\u2019s bearish trend is likely to deepen, with heightened volatility and further losses remaining a strong possibility.<\/p>\n<p>For traders, the coming days will be pivotal in determining whether PEPE can defy the odds and reclaim lost ground or continue spiralling toward lower support zones.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-3.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 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Key support at POC could decide short-term direction. Geopolitical tensions between Israel and Iran are driving risk-off sentiment in memecoins. Pepe (PEPE), the wildly popular Ethereum memecoin, has once [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":54454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54453"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=54453"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/54454"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}