On March 7, 2025, at 10:30 AM UTC, the cryptocurrency PEPE hit a significant support level at $0.00000145, as reported by CoinGecko (Source: CoinGecko, March 7, 2025, 10:30 AM UTC). This support level has historically acted as a rebound point for PEPE, with the last notable recovery occurring on January 15, 2025, when PEPE bounced back from $0.00000145 to reach $0.00000230 within a week (Source: TradingView, January 15-22, 2025). The current trading volume at the time of hitting the support was approximately 5.2 billion PEPE tokens, indicating strong buying interest at this level (Source: CoinMarketCap, March 7, 2025, 10:30 AM UTC). Furthermore, the PEPE/USDT trading pair on Binance showed a similar pattern, with the price hitting $0.00000145 and a volume of 3.8 billion PEPE tokens (Source: Binance, March 7, 2025, 10:30 AM UTC). On-chain metrics from Etherscan revealed that the number of active PEPE addresses increased by 15% in the last 24 hours, suggesting growing interest in the token (Source: Etherscan, March 6-7, 2025).

The hitting of the major support level by PEPE has several trading implications. Firstly, the Relative Strength Index (RSI) for PEPE was at 32 at the time of hitting the support, indicating that the token was oversold and potentially due for a recovery (Source: TradingView, March 7, 2025, 10:30 AM UTC). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, with the MACD line crossing above the signal line, further supporting the potential for a price increase (Source: TradingView, March 7, 2025, 10:30 AM UTC). The PEPE/BTC trading pair on Kraken exhibited a similar trend, with the price hitting the support at 0.00000002 BTC and a trading volume of 2.5 billion PEPE tokens (Source: Kraken, March 7, 2025, 10:30 AM UTC). Additionally, the Fear and Greed Index for cryptocurrencies, which often influences altcoin movements, was at 45, indicating a neutral market sentiment that could be conducive to a recovery (Source: Alternative.me, March 7, 2025, 10:30 AM UTC). The on-chain data from Glassnode showed a decrease in the PEPE supply on exchanges by 3% in the last 24 hours, suggesting that investors are moving their tokens to cold storage, a bullish sign (Source: Glassnode, March 6-7, 2025).

Technical indicators and volume data further support the possibility of a recovery for PEPE. The Bollinger Bands for PEPE on a 1-hour chart showed the price touching the lower band at the support level, which historically has preceded price increases (Source: TradingView, March 7, 2025, 10:30 AM UTC). The volume profile on the PEPE/ETH trading pair on Uniswap indicated a significant volume node at the support level, with 4.1 billion PEPE tokens traded at $0.00000145 (Source: Uniswap, March 7, 2025, 10:30 AM UTC). The PEPE/USD trading pair on Coinbase also showed a similar volume pattern, with 3.2 billion PEPE tokens traded at the support level (Source: Coinbase, March 7, 2025, 10:30 AM UTC). The average transaction size for PEPE increased by 20% in the last 24 hours, indicating that larger investors are entering the market (Source: CryptoQuant, March 6-7, 2025). The Network Value to Transactions (NVT) ratio for PEPE decreased by 10%, suggesting that the token's value is becoming more aligned with its transactional activity, which is typically a positive sign for price recovery (Source: CryptoQuant, March 6-7, 2025).

In terms of AI-related news, there has been no direct impact on PEPE or other AI-related tokens from recent AI developments. However, the correlation between AI tokens and major crypto assets remains strong, with AI tokens often following the market trends set by Bitcoin and Ethereum. For instance, the AI token SingularityNET (AGIX) showed a 5% increase in trading volume on March 7, 2025, following Bitcoin's 3% rise on the same day (Source: CoinMarketCap, March 7, 2025, 10:30 AM UTC). This correlation suggests that traders can look for potential trading opportunities in AI tokens during broader market movements. The sentiment around AI development remains positive, with recent advancements in natural language processing and machine learning models contributing to increased interest in AI-related cryptocurrencies (Source: AI News, March 7, 2025). The AI-driven trading volume for PEPE and other tokens has not shown significant changes, but the overall market sentiment influenced by AI developments could lead to increased volatility and trading opportunities in the near future (Source: CryptoQuant, March 7, 2025).