Is It Too Late To Buy WOLF? LandWolf Price Soars 23% As Pepe Unchained Prepares To Breach $13 Million

LandWolf Soars 23% as Bulls Target Upside Breakout

The LandWolf price has surged 23% in the last 24 hours to $0.0000265 as of 7:05 AM EST, with trading volume spiking 11% to $1.2 million.

Technical Analysis Suggests Further Upside

A clear cup and handle pattern has emerged on LandWolf's 4-hour chart, signaling a possible bullish breakout. The price is currently trading above the neckline resistance at $0.00002569, indicating the potential for further upside.

Furthermore, the price is above the 50-period ($0.00002173) and 200-period ($0.00002269) simple moving averages (SMA), providing additional bullish support.

Technical Indicators Point to Bullish Momentum

The MACD indicator exhibits continued bullish momentum, with the MACD line above the signal line and the histogram remaining positive. The RSI is at 65.40, suggesting further room for upside movement before reaching overbought territory.

Target and Support Levels

The breakout from the cup and handle pattern implies a potential move towards $0.00003200. However, if the breakout fails, the neckline at $0.00002569 will provide support. A breakdown below this level could lead to a bearish reversal, with the next support at $0.00002173.

Meme Coin Enthusiasm Spills Over to Pepe Unchained

The bullish sentiment for LandWolf is reflected in the Layer 2 meme coin Pepe Unchained (PEPU), which has raised nearly $13 million in an ongoing ICO. The project aims to resolve transaction issues on the Ethereum network with its own sidechain, offering faster transaction speeds and lower fees.