PEPE Poised for Major Rally as Whales Ignore Friday’s Correction

The Pepe price continues to remain resilient in the face of a recent market correction, exhibiting notable strength. market analysts posit that investors can expect PEPE to climb by 25%.

Despite a significant selling pressure spike observed across the crypto market on May 10, Pepe's ( PEPE ) price remained unaffected. While Bitcoin ( BTC ) witnessed a drop of approximately 4%, leading to double-digit declines in many altcoins, the meme coin PEPE remained largely unaffected.

Notably, PEPE's price action appears to be more promising than most altcoins, as it is on track to surpass the local top formed on March 14. Although the price movement has been range-bound, PEPE has recorded an impressive surge of 134% in under a month, indicating potential for further growth.

Currently trading at $0.00000854 as of the time of writing with a Relative Strength Index (RSI) of 60.36 which is slightly overbought. In conclusion, if the crypto market outlook remains stable, Pepe's price is expected to outperform the market.