Pepe Price Prediction: PEPE Plunges 5% As Investors Pivot To Pepe Unchained Presale Amid Binance Listing Speculation

Pepe Price Targets Bullish Trend Reversal

The Pepe price has fluctuated in recent hours, experiencing a 5% decline in value, trading at $0.00001996 as of 11:23 p.m. EST. Trading volume has also decreased by 28%, amounting to $2.7 billion.

Technical Analysis: Bullish Momentum

Short-term analysis indicates a positive trend for Pepe, characterized by a breakout from a consolidation phase followed by an upward surge in November. The $0.0000080 level, reached in early November, has boosted the price above both the 50-day and 200-day Simple Moving Averages (SMAs), reinforcing the bullish bias.

Despite a temporary downtrend from the $0.0000240 resistance level, Pepe remains poised for a potential upward surge beyond the descending trend channel. The Relative Strength Index (RSI) at 62 suggests that while upward momentum has eased, there is still scope for further price appreciation before overbought territory is reached.

A successful bullish trend reversal could propel Pepe above the current descending channel, with the next potential target being $0.0000250.

Pepe Unchained Presale Attracts Investors

As Pepe prepares for an upward movement, investors are flocking to the Pepe Unchained (PEPU) presale. According to 99Bitcoins, a cryptocurrency channel with over 706K subscribers, PEPU could experience a 100X surge upon launch.

Pepe Unchained: Key Points

• Built on Ethereum blockchain
• Aims to address scalability, speed, and efficiency issues faced by Pepe
• Presale has raised over $57 million

Presale Details

The Pepe Unchained presale is set to conclude in 14 days. Investors can purchase $PEPU tokens for $0.01295 each and stake them for a 59% annual percentage yield.

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