Price: $0.39411 2.2729%
Market Cap: 57.89B 1.7561%
Volume (24h): 8.6B 0.4%
Dominance: 1.7561%
Price: $0.39411 2.2729%
Market Cap: 57.89B 1.7561%
Volume (24h): 8.6B 0.4%
Dominance: 1.7561% 1.7561%
  • Price: $0.39411 2.2729%
  • Market Cap: 57.89B 1.7561%
  • Volume (24h): 8.6B 0.4%
  • Dominance: 1.7561% 1.7561%
  • Price: $0.39411 2.2729%
Home > Information news > Pepe Price Prediction As PEPE Soars 25% To A New All-Time High And This Dogecoin Derivative Offers Investors A Last Chance To Buy

Pepe Price Prediction As PEPE Soars 25% To A New All-Time High And This Dogecoin Derivative Offers Investors A Last Chance To Buy

Release: 2024/05/22 16:09 Reading: 512

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/664da26ec16069101354eb86

Pepe Price Surges, Flips Resistance into Support

Daily chart for PEPE/USD (Source: GeckoTerminal)

The Pepe price has witnessed a surge of over 25% in the past 24 hours, trading at $0.0000139 as of 12:28 a.m. EST. This surge has propelled the third-largest meme coin by market capitalization to a new all-time high (ATH) of $0.00001422.

Pepe Price Breaks Resistance, Establishes New Support

In the past 48 hours, Pepe has successfully broken above the $0.00001104 resistance level. It continued to rise for several hours before consolidating. A new support level has been established at $0.00001398.

If Pepe overcomes this newly-formed resistance within 24 hours, it may gain the momentum to continue its upward trajectory. However, a rejection at this technical obstacle could lead to a correction in the next 48 hours.

Profit-Taking and Potential Correction

A rejection could trigger profit-taking, potentially driving PEPE down to the aforementioned $0.00001104 mark. Continued sell pressure could push Pepe further down to $0.00000810. In an extreme bearish scenario, Pepe might correct to as low as $0.00000544.

Technical Indicators Suggest Bullish Momentum

Technical indicators on PEPE's daily chart suggest the crypto could continue its upward trend. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are indicating bullish conditions.

The MACD line has recently crossed above the MACD Signal line, indicating a positive cycle. The gap between the two lines is widening, suggesting growing bullish momentum.

The RSI reading above 50 indicates that buyers currently hold more power than sellers. However, it also warns that PEPE is overbought. This could signal a potential sell-off.

Dogeverse: Potential for Parabolic Gains

As PEPE attempts to overcome another technical barrier, investors are also turning to Dogeverse (DOGEVERSE) for potential parabolic gains. Its presale offers a final chance to acquire the token before listing.

Dogeverse: A Multi-Chain Dogecoin Derivative

Dogeverse is a derivative of Dogecoin but differs significantly in its technical foundation. Launched in 2013, DOGE was created as a playful joke without serious development plans. Dogeverse, on the other hand, is the first meme coin to reside on multiple blockchain networks.

This unique feature introduces unprecedented utility, allowing investors to seamlessly transfer value across blockchains. Token holders can also participate in high-yield generating opportunities on various liquid and active chains, including Solana, Avalanche, Polygon, BNB chain, Ethereum, and Base.

High Yield Staking Program

Dogeverse offers ICO buyers a native staking program with a 53% APY, eliminating the need to leave the ecosystem to earn high yields.

Crypto YouTuber Jacob Bury has recognized DOGEVERSE's potential, naming it one of the top five meme coins to invest in.

Last Chance to Buy

Over $15 million has been raised in DOGEVERSE's ongoing ICO. As the presale enters its final phase, investors have one last opportunity to acquire the token at this early stage.

To purchase DOGEVERSE, investors can use the buy widget on the project's website. Various payment options are available, including BNB, MATIC, SOL, ETH, BASE, AVAX, USDT, and bank cards.

Note that the 53% staking rewards are offered on the Ethereum blockchain. Investors wishing to lock up their tokens for these rewards must purchase the token using ETH.

Purchase and stake DOGEVERSE here for up to 53% in annual rewards.

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