Helium Mobile Price Prediction: MOBILE Is Top Gainer With 72% Surge As Binance, Coinbase Listing Speculation Power This ICO Toward $70 Milli...

Helium Mobile Surges with Strong Gains

Over the past 24 hours, Helium Mobile () has experienced a rapid surge in value, climbing over 72% to trade at $0.001832 at 4:56 a.m. EST. This strong performance has positioned MOBILE as the top gainer among the top 100 cryptos by market capitalization.

Bullish Trend Line and Price Action

MOBILE's price has established a positive trend line on its hourly chart after rebounding from its support level of $0.001552. It has successfully broken above the resistance level of $0.001801 and is attempting to establish support at the next major barrier of $0.002026.

If MOBILE can breach the $0.002026 resistance within the next 12 hours, it could potentially reach a high of $0.002262 in the short term. However, if it experiences a rejection at $0.002026, it could retest the $0.001801 support. A break below this level could lead to a further decline towards $0.001552.

Indicators Suggest Loss of Momentum

Technical indicators on MOBILE's 1-hour chart hint at a potential correction as it attempts to overcome the $0.002026 resistance. The Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) suggest a possible pullback in the price.

RSI readings have declined from the upper 70s to the lower 60s, indicating a loss of strength for buyers. While there has been a slight uptick in RSI, the current negative slope warns of further weakness for buyers in the upcoming 24 hours.

The MACD line has crossed below the MACD Signal line, a technical event often interpreted as a sign of a negative trend. Although the gap between the two lines is narrowing, the relatively flat MACD Histogram gradient suggests that a bullish crossover may not occur soon.

Investors Flock to Layer 2 Meme Coin Amid Bullish Outlook

Despite the potential for a correction in Helium Mobile, investors are showing enthusiasm for the Layer 2 meme coin Pepe Unchained (PEPU). Pepe Unchained is offering unprecedented levels of utility, including enhanced transaction speeds, lower fees, and a developer grant initiative.

Some crypto experts, including an analyst from the popular YouTube channel 99Bitcoins, predict that PEPU could emerge as the next 100X meme coin. With less than 11 days remaining until the end of its successful presale, time is running out for investors to acquire PEPU before its anticipated listing on major exchanges such as Binance or Coinbase.