Banana Gun Price Prediction: BANANA Soars 5% On Binance Listing, But Analysts Say This Latest Meme Coin Might 100X

Banana Gun Price Surges on Binance Listing Announcement

The Banana Gun price has witnessed a significant 5% increase in the last 24 hours, currently trading at $70 with a 3% increase in trading volume to $28 million. This surge follows the announcement by Binance that BANANA will be listed on its platform.

BANANAUSD Analysis

The Banana Gun price surpassed $78 after Binance's announcement but has since retreated to a support level of $64. Key support levels are located at $49.38 and $53.81, indicating strong buying pressure.

Technical indicators, such as the MACD and RSI, suggest a bullish trend. The MACD line has crossed above the signal line and remains positive, while the RSI is in an overbought zone.

Banana Gun Price Prediction

The bulls currently dominate the market, and if buying pressure persists, the price could break past the $78 resistance level. However, traders should be cautious of potential pullbacks due to the overbought RSI.

Best Meme Coin to Buy Now

In addition to Banana Gun, the new meme coin Pepe Unchained (PEPU) has garnered attention, raising over $4.5 million in its presale. PEPU operates on its own Ethereum Layer 2 blockchain, offering scalability and increased transaction speeds.

Token holders can earn a 424% annual yield through the platform's staking system, and experts predict a substantial surge in value upon its launch. PEPU tokens are currently available for $0.0085618 each.