Pepe Price Prediction: PEPE Soars 64% In A Week As Investors Rush To Buy Pepe Unchained Before It’s Too Late

Pepe Price Remains Strong Despite Slight Dip

The price of Pepe has surged by over 64% in the weekly timeframe, despite a 2% decline in the past 24 hours. As of 11:21 p.m. EST, it trades at $0.00002061, as investors continue to accumulate this popular meme coin.

Along with the minor price drop, Pepe's trading volumes have also decreased by more than 1% in the last day.

Pepe Price Flutters Around Key Support

4-hour chart for PEPE/USD (Source: GeckoTerminal)

For the past two days, Pepe's price has been consolidating between $0.00001952 and $0.00002392. It is currently testing the $0.00001952 support level. A break below this level could trigger a downward trend, with bears potentially pushing the price down to the next support at $0.00001463.

Alternatively, if Pepe holds above $0.00001952 for the next 12 hours, it could trigger a rebound. Buyers may step in and propel Pepe towards the upper boundary of its consolidation range at $0.00002392. A breakout above this point could open the door for a rise towards $0.00002881.

Technical Indicators Suggest Bearish Momentum

Technical indicators on the 4-hour chart, such as the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI), suggest that Pepe's price may face a decline in the coming hours.

RSI readings have fallen from the high 50s to low 50s over the past 24 hours. Traders often interpret declining RSI values as a sign of diminishing buying strength. While the current reading above 50 still indicates that bulls are in control, a continued drop could bring the indicator below the 50 mark, suggesting a bearish shift.

Additionally, the MACD line is positioned below the MACD Signal line, an indication that Pepe may be in a negative cycle.

Investors Look to Pepe Unchained for Massive Gains

Despite the bearish signals on Pepe's 4-hour chart, investors are actively buying into a new layer-2 meme coin challenger called Pepe Unchained (PEPU), seeking potential parabolic gains.

Pepe Unchained: A Layer-2 Revolution

Pepe Unchained (PEPU) stands out in the meme coin sector due to its unprecedented utility. At its core, the project features a native layer-2 network that aims to elevate the PEPE brand to new heights within the cryptocurrency space.

Not only does Pepe Unchained offer transaction speeds 100 times faster than any current blockchain, but it also drastically reduces network fees. These enhanced transactional capabilities will be accessible through the PEPU token.

To showcase its layer-2 blockchain's power, Pepe Unchained recently launched its own token launchpad, competing directly with Solana's Pump.fun. Developers will soon be able to build the next generation of decentralized applications on the Pepe Unchained blockchain, as the project has unveiled its developer grant program.

PEPU Presale Attracts Investors Ahead of Tier-1 Exchange Listings

Pepe Unchained's team has added a countdown timer to its presale and announced that the meme coin will be listed on several tier-1 cryptocurrency exchange platforms. Investors speculate about which exchanges will welcome the coin, which has raised over $37.3 million through its ICO to date.

Tier-1 exchanges provide the most sought-after listings in the market, granting a token access to a wide investor pool. Coinbase and Binance are among the largest platforms in this category. PEPU's listing on any of these exchanges could lead to a price surge, similar to the one PEPE experienced following its listings on Robinhood and Coinbase last week.

With only 24 days remaining until PEPU hits the open market, investors have a limited time to acquire the token during its presale stage. PEPU sells for $0.012894 and can be purchased using ETH, USDT, BNB, or bank cards.

Purchase PEPU here.