Market
PEPE Faces Key Support Test At $0.00000589

PEPE is facing intense bearish pressure, with its price trending downward toward a critical support level at $0.00000589. Recent market actions have shown that the bears are firmly in control, pushing the token closer to this key threshold. As sellers continue to dominate, the question is whether the bulls can step in to defend this level or if PEPE is set for further declines.
This article will analyze PEPE’s recent price action as it nears the critical support level at $0.00000589 by examining key technical indicators and market dynamics. It will explore whether the bulls can mount a defense to prevent further losses or if the bears will drive the token lower, aiming to provide a potential future outlook for the cryptocurrency.
With a market capitalization exceeding $2.8 billion and a trading volume surpassing $602 million, PEPE was trading at approximately $0.000006683, reflecting a 6.47% decrease at the time of writing. In the past 24 hours, its market cap has dropped by 6,47%, while trading volume has increased by 74.80%.
Current Market Sentiment: Bearish Signals Dominate
On the 4-hour chart, although PEPE is attempting to move upward, it has maintained its downward trajectory after successfully breaking below the $0.00000766 level, continuing to trade below the 100-day Simple Moving Average (SMA). The asset is moving closer to the $0.00000589 support level, with negative market sentiment persisting.

Also, the Relative Strength Index (RSI) on the 4-hour chart is currently at 31%, indicating that PEPE is in the oversold zone. This level suggests that selling pressure has been strong, potentially hinting at a short-term rebound or consolidation if the bears do not maintain dominance.
On the daily chart, PEPE has shown significant bearish momentum since breaking below the $0.00000766 level and trading under the 100-day SMA. While the cryptocurrency is currently attempting an upward move, this rebound could be short-lived due to the prevailing bearish sentiment, which continues to exert pressure on the price.

Finally, the RSI signal line on the 1-day chart is currently sitting at 36% as it continues to trend below the 50% threshold, suggesting that PEPE remains under bearish pressure, with the potential for bears to regain control and push the price lower.
What’s Next For PEPE: Outlook For The Coming Days
The current bearish trend, marked by negative momentum indicators, suggests that the bears could drive the price of PEPE to the $0.00000589 support level. If this support is broken, it could trigger further bearish action, potentially pushing the asset down to the $0.00000398 support level and possibly lower.
However, if PEPE bounces back at the $0.00000589 support, it could retrace towards the resistance level at $0.00000766. Should the crypto asset break above this level, it could signal a further upward movement, possibly targeting the $0.00001152 resistance range and other higher levels.
Featured image from iStock, chart from Tradingview.com
Market
CoinGecko Refreshes Brand During Crypto Black Monday Chaos

CoinGecko unveiled a refreshed brand identity and two new mascots, marking the 11th anniversary of the crypto data aggregator.
The changes come amid a bruising “Crypto Black Monday,” with CoinGecko’s brand revitalization presenting as a show of optimism despite sour sentiment.
CoinGecko Resets Its Brand on 11th Anniversary
CoinGecko leaned into Monday’s turbulence with the message that growth is still on the table despite sour crypto market sentiment. Marking its 11th anniversary, the crypto data aggregator introduced a new visual identity.

The change features a modernized logo, a more interactive and user-friendly design system, and a cohesive brand refresh. These changes extend to GeckoTerminal, its DEX aggregator that tracks real-time trading data from over 1,500 decentralized exchanges.
CoinGecko users will henceforth encounter Gekko and Rex as two new mascots. In a statement shared with BeInCrypto, CoinGecko said these mascots embody the duality of the crypto experience.
On the one hand, Gekko is a playful and geeky friend offering insights. On the other hand, Rex is sharp, analytical, and always on the hunt for alpha.
“This brand refresh marks a new chapter for CoinGecko, as we continue building for the decentralized future,” an excerpt in the statement read, citing TM Lee, CEO and co-founder of CoinGecko.
Lee explained that this refresh was for the crypto community, which has continuously leveraged CoinGecko’s crypto data aggregator across market cycles. The changes are intended to make CoinGecko more relatable and forward-looking, emulating the industry’s spirit of resilience and innovation.
Refresh in the Face of Crypto Black Monday
This show of optimism comes in time to boost user sentiment after a weekend bloodbath that set the pace for crypto’s black Monday narrative. Liquidations swept the crypto market over the weekend, triggering millions of losses.
The company acknowledged the market stress in a post teasing the launch just hours before the unveiling.
“We know it’s not the easiest day for crypto. Still, something new is on the way,” wrote CoinGecko on X (Twitter).
CoinGecko was founded in April 2014. It has grown from a price-tracking site into a comprehensive crypto data platform serving millions worldwide. The aggregator reportedly monitors over 17,000 cryptocurrencies and NFTs (non-fungible tokens) across over 1,200 exchanges.
Its on-chain analytics platform, GeckoTerminal, launched in 2022, has since become an expansive DEX aggregator. According to the report, GeckoTerminal tracks over 6 million tokens across more than 200 blockchain networks.
Meanwhile, CoinGecko’s brand update is more than cosmetic. It reflects the platform’s consistent effort to stay relatable to its user base.
Recently, it has been a go-to source for key market insights. Among them was a 2025 sentiment survey, which revealed mixed investor moods and highlighted a strong belief in the rise of crypto-AI.
CoinGecko has also been instrumental in reflecting changing user behavior in the industry. Recently, the platform shared a 2024 analysis showing crypto perpetuals trading volumes reaching all-time highs. Similarly, the data aggregator shared a report pointing out that publicly listed crypto companies account for just 5.8% of the market cap.
By launching a branding overhaul during one of the year’s harshest market downturns, CoinGecko sends a clear message that beyond surviving, crypto is also preparing for what is next.

As the dust settles from the weekend sell-off and key US economic indicators are in the pipeline, CoinGecko’s refreshed look suggests the next chapter is always around the corner.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Bitcoin Price Crashes Hard—Is The Selloff Just Getting Started?

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Bitcoin price started a fresh decline below the $83,500 zone. BTC is consolidating losses and might start another decline below the $80,000 level.
- Bitcoin started a fresh decline below the $82,000 zone.
- The price is trading below $81,200 and the 100 hourly Simple moving average.
- There was a break below a connecting bullish trend line with support at $83,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The pair could start another increase if it clears the $80,500 zone.
Bitcoin Price Dips Below Support
Bitcoin price failed to settle above the $83,500 level and started a fresh decline. BTC traded below the $83,000 ad $82,000 levels to enter a bearish zone.
There was a break below a connecting bullish trend line with support at $83,000 on the hourly chart of the BTC/USD pair. The pair even dived below the $80,000 support zone. A low was formed at $77,057 and the price started a recovery wave.
There was a move above the $78,800 level. The price climbed above the 23.6% Fib retracement level of the recent decline from the $83,680 swing high to the $77,057 low. However, the price is struggling to continue higher.
Bitcoin price is now trading below $81,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $80,000 level. The first key resistance is near the $80,500 level or the 50% Fib retracement level of the recent decline from the $83,680 swing high to the $77,057 low.

The next key resistance could be $81,500. A close above the $81,500 resistance might send the price further higher. In the stated case, the price could rise and test the $82,500 resistance level. Any more gains might send the price toward the $83,500 level.
Another Decline In BTC?
If Bitcoin fails to rise above the $80,500 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $77,500 level. The first major support is near the $77,000 level.
The next support is now near the $76,500 zone. Any more losses might send the price toward the $75,000 support in the near term. The main support sits at $74,200.
Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.
Major Support Levels – $77,500, followed by $77,000.
Major Resistance Levels – $80,000 and $80,500.
Market
Will ADA Drop to $0.44?

Cardano (ADA) has faced a sharp price decline amid heightened volatility and widespread liquidations across the broader crypto market. Over the past 24 hours, ADA has shed more than 10% of its value, marking one of its steepest single-day losses in recent months.
ADA is now trading at $0.52, levels last seen in November 2024. This reinforces the growing bearish sentiment against the altcoin.
Death Cross and Heavy Outflows Weigh on ADA
ADA’s downturn in the past day has pushed its price into precarious territory, with a death cross now appearing on its daily chart. This marks the first time the pattern will appear on ADA charts since May 2024.

The death cross pattern—where the 50-day moving average falls below the 200-day moving average—is viewed as a long-term bearish signal, often preceding extended periods of price weakness.
When a death cross is formed, it indicates a definitive shift in market sentiment from bullish to bearish, leading to increased selling pressure and a possible further decline in price. This suggests ADA could face continued downward pressure in the near term if the bulls remain in the shadows.
Moreover, the steady outflows from the ADA spot markets add to the downward pressure on its price. According to Coinglass, ADA spot outflows have totaled $12 million so far today.
Over the past month, capital exit from the ADA spot markets has exceeded $150 million.

Spot outflows like this indicate bearish sentiment, as they suggest that investors are pulling their capital in anticipation of further price drops or moving funds into other assets.
This persistent trend signals a loss of confidence among ADA traders as they continuously liquidate their positions. This has worsened the market’s selling pressure and contributed significantly to ADA’s price troubles.
Cardano’s Downward Trend Deepens: Death Cross Threatens More Drop
While broader market instability has impacted many altcoins, ADA’s price drop is notable due to the formation of the Death Cross. The emergence of this technical indicator, combined with a multi-month price low as buying activity falls, suggests ADA could face continued downward pressure in the near term.
In this scenario, its value could dip to $0.44, marking a 14% decline from its current value.

On the other hand, a resurgence in new demand for the altcoin will invalidate this bearish outlook. In that scenario, ADA’s price could regain its losses and attempt to break above resistance at $0.54.
If successful, it could extend its gains to $0.64.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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