Pepe Price Prediction: PEPE Pumps 7% As Investors Flock To Challenger Pepe Unchained Amid Speculation Of A Binance Listing

PepeCoin Experiences Surge, Aims to Overcome Technical Hurdles

The PepeCoin price has witnessed a significant pump of over 7% within the past 24 hours, reaching $0.00001973 as of 11:15 p.m. EST. This surge has resulted in a positive weekly performance, with a gain of over 5% in the past 7 days.

Technical Analysis: Overcoming Resistance

On the 4-hour chart, PepeCoin is attempting to establish a position above the $0.00001961 resistance level. Closing the next three 4-hour candles above this barrier could provide a solid foundation for continued upward momentum. This breakthrough would potentially enable PepeCoin to overcome the negative trend line that has emerged on its charts.

A potential surge above the descending trend line could lead to a rise towards the $0.00002414 resistance level, potentially transforming it into support. Further bullish pressure could drive PepeCoin as high as $0.00002867.

Indicators Suggest Potential Correction

However, technical indicators on PepeCoin's 4-hour chart suggest that the positive momentum may face some hurdles. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) warn of a potential decline in the coming 24 hours.

The RSI readings have risen above 50, indicating a balance between buyers and sellers. However, the current negative slope of the indicator suggests a possible shift in favor of sellers if the readings fall below 50 again.

Pepe Unchained Attracts Investor Attention

While PepeCoin's indicators show bearish signs on the 4-hour chart, investors are actively purchasing Pepe Unchained (PEPU), a layer-2 challenger, anticipating significant gains.

Pepe Unchained's Mission and Developments

Pepe Unchained aims to enhance the Pepe brand in the cryptocurrency market by introducing a layer-2 network that is 100 times faster and cheaper to transact on than Ethereum, where PepeCoin is currently hosted. The PEPU token facilitates these enhanced transactions.

Beyond its mission to liberate Pepe from Ethereum's limitations, Pepe Unchained fosters the development of the next generation of decentralized applications on its network through its developer grant initiative.

Additionally, Pepe Unchained has unveiled a meme coin creation platform to rival Solana-based Pump.fun.

Experts, including YouTuber Austin Hilton, are optimistic about PEPU's future prospects. Hilton believes it has the potential to soar 10X after its launch.

Presale Success and Exchange Listing Speculation

Pepe Unchained has been a strong performer in the initial coin offering (ICO) market this year, with its total raise surpassing $55.6 million. Investors continue to flock to the presale, which is set to end in 15 days, potentially around December 13, 2024.

As the presale nears its conclusion, speculation is mounting that Pepe Unchained will be listed on tier-1 exchanges like Binance and Coinbase. If such listings occur, PEPU could experience a similar price surge as PepeCoin did after its Coinbase listing.

Investors can purchase PEPU on the official website using ETH, USDT, BNB, or bank cards before its launch.