Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
PEPE Holds Near $0.054 as Market Cap Stays Steady Around $1.72B
PEPE was close to trading at $0.054164, and slightly above the support of $0.054159, in a tight intraday range.
Market capitalization remained close at 1.72 billion with little volatility and no fluctuations in short term participation.
PEPE showed minor relative strength against BTC and ETH, while overall price movement remained constrained.
PEPE did not show any significant changes over the recent trading period, which indicates further consolidation in the short-term periods. PEPE started trading at the time of reporting at a price of $0.054164 indicating a slight downfall of 0.1%. The dampened price movement was on a small trading range, which indicated a less volatile environment.
Market data indicated that PEPE was within the support of the intraday and resistance at the top. This arrangement informed the arrangement of the session and preconditioned technical observations which were to come afterward.
PEPE Price Holds Near Key Support Level
Notably, PEPE hovered directly above its identified support level at $0.054159 throughout the session. The price briefly tested this level but did not record a confirmed breakdown. Instead, the token remained range-bound, suggesting steady order flow near support. Meanwhile, resistance stood at $0.05435, limiting upward movement during intraday trading. This narrow band defined price behavior for the session.
However, the restricted range also aligned with declining momentum across the hourly timeframe. The 24-hour range showed minimal expansion, reinforcing the absence of directional strength. As a result, traders observed consistent price reactions within predefined levels. This structure guided short-term positioning and shaped the broader technical context.
Market Capitalization Activity Reflects Sideways Momentum
In parallel, PEPE’s market capitalization reflected similar conditions across the one-hour chart. Data showed market cap fluctuating near $1.72 billion, with limited deviation. The session recorded a modest decline of $3.64 million, equivalent to 0.21%. This movement aligned closely with price behavior and confirmed subdued participation.
Source: TradingView
The chart also included momentum indicators, which added to the context. Relative Strength Index was at a neutral position as it was close to the mid-range. In the meantime, the values of MACD remained near the zero line, which supported the current consolidation stage.
PEPE Holds Steady Across Key Pairs Amid Controlled Volatility
Meanwhile, PEPE’s performance against major assets showed slight movement without strong divergence. The token was at 0.081828 Ethereum, which is up by 0.2 per cent. These developments have been concurrent with stable dollar pricing.
However, the relative gains did not translate into broader price expansion. Instead, the pairings mirrored the same controlled volatility seen in USD terms. This consistency tied together price, market capitalization, and relative strength metrics. Together, these elements defined the session’s technical landscape.