Price: $0.38703 -0.1779%
Market Cap: 56.85B 1.7621%
Volume (24h): 8.56B 0.4%
Dominance: 1.7621%
Price: $0.38703 -0.1779%
Market Cap: 56.85B 1.7621%
Volume (24h): 8.56B 0.4%
Dominance: 1.7621% 1.7621%
  • Price: $0.38703 -0.1779%
  • Market Cap: 56.85B 1.7621%
  • Volume (24h): 8.56B 0.4%
  • Dominance: 1.7621% 1.7621%
  • Price: $0.38703 -0.1779%
Home > Information news > Pepe Price Prediction: PEPE Surges 19% In A Week As This Upgraded Competitor Goes Ballistic After Launching Rival To Solana’s Pump.Fun

Pepe Price Prediction: PEPE Surges 19% In A Week As This Upgraded Competitor Goes Ballistic After Launching Rival To Solana’s Pump.Fun

Release: 2024/11/08 16:48 Reading: 574

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/672dc626a72ea75d9c0cd10f

Pepe Price Prediction: PEPE Surges 19% In A Week As This Upgraded Competitor Goes Ballistic After Launching Rival To Solana’s Pump.Fun

PEPE Price Surge and Bullish Outlook

The PEPE price has experienced a notable surge, gaining 19% over the past week and 5% within the last 24 hours. As of 11:30 p.m. EST, PEPE trades at $0.00001085 despite a 5% decline in trading volume to $2.7 billion.

Technical Analysis Indicates Continued Rally

According to data from GeckoTerminal, the PEPE price has broken above the $0.00001013 resistance of its descending triangle pattern. The positive momentum is supported by various indicators:

  • PEPE now trades above both its 50-day and 200-day Simple Moving Averages (SMAs), confirming an uptrend.
  • The 50-day SMA is approaching the 200-day SMA, potentially forming a "golden cross" in the near future, further strengthening the bullish outlook.
  • The Relative Strength Index (RSI) is approaching overbought territory on the 1-day chart, suggesting increasing buying pressure.
  • The Moving Average Convergence Divergence (MACD) has crossed above its signal line, signaling a bullish crossover.

Price Prediction and Support Levels

The current trend suggests that PEPE is poised for a further bullish run, targeting the resistance level of $0.0000140. However, a slight correction could see the price drop to the triangle's lower boundary at $0.0000080, which provides support.

Pepe Unchained Presale Soars

Amidst the PEPE price rally, investors are flocking to acquire Pepe Unchained (PEPU), a new and advanced alternative to PEPE. PEPU has raised over $25.5 million in its presale, driven by strong demand and potential for significant appreciation.

Pepe Unchained Features and Ecosystem

Pepe Unchained has several key features:

  • Its own Layer 2 blockchain for faster and cheaper transactions.
  • A strong contender to become the leading frog-themed meme coin.
  • Plans to liberate PEPE from limitations faced on Ethereum.
  • Recently launched Pepe's Pump Pad, a meme coin launchpad within the Ethereum ecosystem.
  • A staking system offering an annual percentage yield (APY) of 94%.

Investment Opportunity

PEPU tokens can be purchased for $0.01239 each. A price increase is expected soon, so investors are encouraged to act quickly to secure the best deal.

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