币界网报道:Pepe (PEPE) has formed a golden cross on its daily chart, a bullish technical indicator where the 50-day moving average crosses above the 200-day moving average, historically signaling potential upward momentum. This development comes alongside significant whale accumulation, with large holders increasing their positions by over 1.5 trillion PEPE tokens in recent weeks. Analysts note that similar patterns preceded previous bull cycles for the meme coin, including its 300% rally earlier this year. On-chain data reveals reduced exchange reserves, suggesting decreased selling pressure, while the token's Relative Strength Index (RSI) remains in neutral territory, leaving room for further gains. Despite being down 55% from its all-time high, PEPE has outperformed major cryptocurrencies like Bitcoin and Ethereum over the past month, rising 25% while the broader market stagnated. The token's social dominance has also spiked to 3.5%, indicating renewed retail interest. Market observers caution that meme coins remain highly volatile, but the combination of technical signals and whale activity has sparked optimism among traders about PEPE's near-term prospects.