PEPE Price Analysis: James Wynn Goes Long Again After $53M PEPE Liquidation

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Ah, PEPE! The crypto market’s favorite green frog, currently hopping around the $0.000007 mark 🐸, with its volatile 24-hour ups and downs, all thanks to that charming market uncertainty. Yes, that same uncertainty that makes every investor question their life choices… and probably their existence too! 😅

As of October 17, PEPE took a little plunge, losing 8% of its value. How unfortunate, isn’t it? But don’t worry, it’s just another day in the life of a crypto trader, where you wake up to a mini heart attack, and by noon, you’re thinking of retiring… until the next “bullish” signal, of course! 📉

On-chain data shows that after the fantastically dramatic liquidation event, some whales-yes, those guys-are placing long bets on PEPE. Could this be a sign of a rebound? Or just another episode in “The Crypto That Wouldn’t Die”? 🐋

Bitcoin‘s tantrum below $109,000 certainly didn’t help PEPE’s case. When Bitcoin sneezes, all the altcoins catch a cold. Just ask the $1.2 billion worth of crypto futures liquidations that followed the Bitcoin price dip. The crypto market is nothing if not dramatic. 😤

James Wynn, The Gladiator of PEPE

Enter James Wynn, who apparently doesn’t know the meaning of “quit.” After a mighty $53 million liquidation, he’s back, baby! 💸

After getting completely liquidated, James Wynn(@JamesWynnReal) opened a 10x long on $PEPE… and, wouldn’t you know it, within six hours, he was partially liquidated again! 😬

Remaining position: 39.2M $kPEPE ($271K)

– Lookonchain (@lookonchain) October 17, 2025

He opened a 10x long position with the enthusiasm of someone who hasn’t yet seen the movie “The Big Short.” Less than six hours later, his position got partially liquidated. Now, with about $271,000 still on the line, James Wynn continues to embrace the sweet, sweet chaos of crypto trading. Truly an inspiration for all of us who secretly wish we were more reckless! 😎

PEPE Price Forecast: Who Needs Bears When You’ve Got Pennants?

The technical analysis, of course, doesn’t lie. And right now, PEPE is looking like the underdog in a very sad, sad movie. With a confirmed bearish pennant breakdown on its weekly chart, PEPE’s three-week losing streak continues. Should we start a GoFundMe for PEPE’s comeback? 🤔

PEPE’s price now hovers around $0.0000067, after rejecting the upper pennant boundary earlier this month. Who could blame it? Who wouldn’t reject that level when faced with the prospect of an impending crypto winter? ❄️

PEPE Price Forecast, Oct 17, 2025 | Source: TradingView

The technical indicators are just as exciting as you’d expect. The RSI has dropped below its 14-day average, because of course it has. The widening Bollinger Bands? Oh, they’re just a prelude to more “fun” volatility. 😬

Should the bears keep holding the reins, PEPE might just retest that delightful $0.0000060 level, last seen in March 2025. If that breaks, well, get ready for a wild ride toward $0.0000045. But hey, who said investing had to be easy? 👀

But, of course, if the bulls miraculously decide to show up, PEPE could reclaim the $0.00000718 level. A close above $0.0000105 might just flip the narrative from “bearish” to “eh, maybe there’s hope?” 🍀

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2025-10-18 03:21