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Pepe Price Prediction: PEPE Jumps 5% as OKX Brings Regulated EU Derivatives & MACD Flips Positive


Pepe Price Prediction: PEPE Jumps 5% as OKX Brings Regulated EU Derivatives & MACD Flips Positive

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AI Overview

PEPE trading $0.0000391 (+5.11% on Apr 16); daily MACD turned positive for first time since Feb while four EMAs remain above price and the token trades near the bottom of a long-term descending channel from the Aug peak (~$0.000015). OKX launched X-Perps under MiFID, listing PEPE across 30 EEA countries with up to 10x leverage — a regulated CEX derivatives listing that boosts adoption and institutional/regulatory access to the token and crypto derivatives market. Sell-side risk: Steve Aoki sold 4.155B PEPE for $14,700 ~2 weeks ago and routed proceeds to Gemini, highlighting potential supply pressure despite short-term technical bullish signals.

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  • PEPE trades at $0.0000391, up 5.11%, with MACD turning positive but all four EMAs still stacked above price.
  • OKX launched X-Perps in Europe under MiFID regulation, listing PEPE at launch across 30 EEA countries with up to 10x leverage.
  • Steve Aoki sold 4.155B PEPE for $14,700 two weeks ago, part of a broader crypto exit routing proceeds to Gemini.

PEPE is up 5% on April 16, with the MACD turning positive on the daily for the first time since February as OKX adds PEPE to its regulated European derivatives platform.

PEPE Daily Chart: First Bullish MACD Cross Since February With Four EMAs Above

PEPE Daily Price Action (Source: TradingView)

The descending channel from the August peak near $0.000015 remains the dominant structure on the daily. Price has been trading near the bottom of that channel since February, unable to push toward the midline, with four EMAs si…

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