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This article is also available in Spanish.
US President Donald Trump’s low post On truth, social social on May 29 caused rapid entertainment among cryptographic traders. Based on reports, some users saw a hidden reference to the Pepe Meme coin (Pepe).
Over the next few hours, Pepe increased by 5%, but then returned by 15%. Traders now watch whether this social pressure can do what Elon Musk once did Dogecoin.
Pepe moves price
According to market data, the price of Pepe reached the upper resistance at the Trump station. A low raise brought a 5% raise. Then raising profits and wider market pressure led to 18% correction.
Flip in the rush shows how quickly things can change in the land of memes. A miniature tweet or post can send rising prices, but rejecting them requires a bit of sale.
🚨 Wait, what Trump has just dropped $ Pepe photo about social truth 🚨
Is this secret cryptographic support or is it just trolling the internet?
Any other way $ Pepe The rocket can simply have a up-to-date second pilot.
What next $ Pepe Rally or Twitter melts, be alert pic.twitter.com/cu8rf7d55b
– Josh Mair (@Wizofcrypto) May 29, 2025
About drama and speculation
Trump’s message says heS “he a mission from God” It makes it sound like he has a special goal, not just a political goal. The Shadowy Street scene and the word “nothing can stop what is coming” indicate that something great is coming, even if he does not explain it. This type of conversation can snail-paced down its most faithful supporters – especially Pepe lovers – because it seems dramatic and urgent.
Chart patterns in general
Based on the reports of the observer of Pepe charts, it seems to create a cup and handle pattern, which began about five months ago. If the coin breaks over the handle, some say that it can reach USD 0.0026 – double its current level.
At the moment, the MacD line is below the signal line after the recent death cross, indicating a low -term drop. The RSI was immersed in the direction of 52 and may soon exceed it, which can keep the sellers with control.
Fibonacci 0.618 retacts is 0.00001 USD and can act as a reflection point. If this level subsides, traders will look at USD 0.000008 as the next support.
The tariff government increases pressure
Based on the American international court, the court reversed Trump’s tariff suspension at the same time when Pepe rose. It seems that this movement has weakened the mood of the market.
For many traders, wider commercial messages can be a greater factor than any single tweet. If traders are worried about tariffs and slower growth, they often sell more risky assets, such as meme coins. This mixture of social hype and market worries helped to spoil Pepe after a low rally.
Looking to the future after traders
Based on this mixture of social signals of noise and charts, it will take more than a hint to maintain Pepe climbing. If the coin can interrupt its current resistance by mid -June, the main goal is USD 0.00000026.
But the falling MacD and RSI indicate greater pressure for sale. Traders should watch 0.618 USD 0.618 to get signs of reflection. If this level breaks down, they will probably strive for USD 0.000008.
A distinguished image from the reverse, chart from TradingView
