Pepe coin price remains one of the most resilient tokens in the recent market downturn. Touted as the most organically-driven meme coin, the price action of Pepe has maintained a rather bullish overtone so far. However, Pepe fell below a crucial long-term lagging indicator, and if it fails to reclaim the support, the future of Pepe may be bleak. This is particularly worrisome for a sizeable amount of tokens at risk of falling into unprofitability if Pepe bears prevail.