PEPE Price Prediction: Technical Correction Signals Potential Recovery by February 2026

Pepe (PEPE) is experiencing significant selling pressure with a 9.85% decline in the past 24 hours, trading at critically low levels amid substantial volume of $75.6 million on Binance. Despite the current bearish momentum, technical indicators suggest the meme coin may be approaching oversold territory, potentially setting up for a recovery play in the coming weeks.

PEPE Price Prediction Summary

• Short-term target (1 week): Consolidation near current levels with potential bounce • Medium-term forecast (1 month): $0.0000065-$0.000035 range according to recent analysis • Bullish breakout level: Above key resistance levels once established • Critical support: Current technical support levels being tested

What Crypto Analysts Are Saying About Pepe

Recent analyst predictions for PEPE show cautiously optimistic sentiment for the remainder of January. Darius Baruo stated on January 13, 2026: "PEPE is targeting $0.00000690 by the end of January 2026," suggesting potential upside from current levels.

MEXC News provided a more detailed Pepe forecast on January 9, 2026, outlining "PEPE's price prediction for January 2026 suggests a two-phase movement: initial correction to $0.00003136 followed by recovery toward the $0.0000065-$0.000035 range."

While specific analyst predictions remain limited beyond these forecasts, on-chain metrics indicate significant trading activity continues around PEPE, with substantial volume suggesting institutional and retail interest persists despite the recent price decline.

PEPE Technical Analysis Breakdown

The current technical picture for PEPE reveals mixed signals with both bearish and potentially constructive elements. The RSI reading of 45.21 sits in neutral territory, suggesting the token hasn't yet reached oversold conditions despite the significant daily decline.

The MACD histogram shows bullish momentum signals, which contrasts with the current price action and may indicate potential divergence forming. This technical disconnect often precedes trend reversals in cryptocurrency markets.

Bollinger Band positioning at 0.23 places PEPE near the lower band, indicating the price is trading well below the 20-period moving average. The Stochastic indicators (%K at 15.63, %D at 12.50) suggest the token is approaching oversold territory, which historically has provided bounce opportunities for PEPE.

Pepe Price Targets: Bull vs Bear Case

Bullish Scenario

If PEPE can establish support at current levels and begin showing signs of accumulation, the primary target aligns with analyst predictions around $0.00000690. A successful breakout above immediate resistance levels could target the $0.0000065-$0.000035 range outlined in recent forecasts.

Technical confirmation would require RSI breaking above 50, MACD histogram maintaining positive momentum, and volume expansion on any upward price movement. The bullish case depends heavily on broader meme coin sector recovery and sustained trading interest.

Bearish Scenario

Failure to hold current support levels could lead to further downside pressure, potentially testing lower technical support zones. The bearish scenario would be confirmed by RSI breaking below 30 into oversold territory, continued negative price action despite high volume, and broader market weakness affecting risk assets.

Risk factors include potential continued meme coin sector rotation, reduced retail interest, and technical breakdown below key support levels that could trigger algorithmic selling.

Should You Buy PEPE? Entry Strategy

Current technical conditions suggest a cautious approach for PEPE price prediction strategies. Potential entry points should focus on confirmation of support holding at current levels, with stop-loss placement below recent technical lows.

For aggressive traders, the current oversold conditions on shorter timeframes may present scalping opportunities, but position sizing should reflect the high volatility inherent in meme coin trading. Conservative investors should wait for clear technical confirmation of trend reversal before establishing positions.

Risk management remains critical given PEPE's volatility profile, with suggested position sizing no more than 1-2% of total portfolio allocation for speculative plays.

Conclusion

The PEPE price prediction for the remainder of January 2026 suggests a period of consolidation followed by potential recovery toward analyst targets of $0.00000690. While current technical indicators show mixed signals, the combination of oversold conditions and sustained trading volume provides a foundation for potential bounce scenarios.

However, cryptocurrency price predictions remain highly speculative, and PEPE's meme coin status adds additional volatility risk. Investors should conduct their own research and never invest more than they can afford to lose in speculative digital assets.

Disclaimer: Cryptocurrency investments are highly speculative and volatile. This analysis is for informational purposes only and should not be considered financial advice. Always consult with qualified financial advisors before making investment decisions.