Pepe Price Prediction As PEPE Pumps 4% And An ETH Whale Sends Over $183K To This New Cross-Chain Meme Coin ICO

The Pepe price surged over 4% in the last 24 hours, trading at $0.000008292 as of 12:50 a.m. EST, as investors accumulate the meme coin.

PEPE was the only meme coin among the top three by market capitalization to record a gain, with leader Dogecoin (DOGE) and second-placed Shiba Inu (SHIB) both declining.

The Pepe Price Rebounds Off Support

4-hour chart for PEPE/USDT (Source: TradingView)

The Pepe price has been consolidating between $0.00000753 and $0.00000920 over the past few days. In the last 24 hours, the meme coin bounced off the lower boundary of this sideways channel, leading to its 24-hour gain.

If PEPE continues to climb in the next 24 hours, it may reach $0.00000920. At this point, it will either face resistance and correct or overcome the price barrier.

A 4-hour candle close above $0.00000920 will pave the way for Pepe to rise higher in the following 48 hours. Bulls may push PEPE up to the next obstacle at $0.00001090.

On the other hand, resistance rejection could lead to a drop back to $0.00000753.

This bullish thesis remains valid as long as Pepe remains above $0.00000753. Conversely, a drop below this level could put the crypto at risk of further decline, potentially falling to $0.00000660.

Bullish Flags Emerge for Pepe

Technical indicators on PEPE's chart suggest a potential shift towards a positive trend. A major bullish technical flag was triggered by the Relative Strength Index (RSI) during the past day of trading.

Meanwhile, the Moving Average Convergence Divergence (MACD) indicator is also nearing a technical flag trigger.

Buyers gained an advantage over sellers, as indicated by the RSI's cross above its Simple Moving Average (SMA) line in the last 24 hours. The RSI is also breaking away above the SMA, suggesting increasing bullish strength.

If buyers continue to strengthen, a major bullish technical flag may be triggered by the MACD indicator. Currently, the MACD line is rising towards the MACD Signal line.

Traders often interpret this technical occurrence as a sign of an impending end to a crypto's negative trend. Confirmation of Pepe's entry into a positive cycle will occur when the MACD line crosses above its MACD Signal line.

With bullish signs emerging on PEPE's charts, the rest of the meme coin market may follow suit. One altcoin poised to benefit significantly is Dogeverse (DOGEVERSE).

Dogeverse: A Meme Coin with Cross-Chain Utility

Dogeverse is the only meme coin that exists on multiple blockchains, including Avalanche, Solana, Ethereum, Base, BNB Chain, and Polygon.

Its cross-chain presence allows token holders to seamlessly transfer value across networks. This enables DOGEVERSE investors to participate in high-yield-generating opportunities in the DeFi space.

However, investors don't need to leave the Dogeverse ecosystem to earn rewards. The team offers an attractive staking program for presale buyers.

By purchasing and locking up Dogeverse tokens during the ICO phase, buyers can earn up to 70% in annual rewards. Unlike speculative investments that rely solely on price surges, DOGEVERSE buyers can grow their holdings from the outset.

Investors Rush to Acquire DOGEVERSE

YouTuber Jacob Crypto Bury recently revealed that a whale has invested over $183k in Dogeverse, equivalent to 62.3 Ethereum (ETH).

Investors interested in purchasing the crypto before whales accumulate more can do so on the project's official website. A simple buy widget allows investors to purchase the token using various cryptocurrencies or a bank card.

Purchase and stake DOGEVERSE here for up to 70% in annual staking rewards.

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