Price: $0.39865 2.5857%
Market Cap: 58.56B 1.7914%
Volume (24h): 9.74B 0.4%
Dominance: 1.7914%
Price: $0.39865 2.5857%
Market Cap: 58.56B 1.7914%
Volume (24h): 9.74B 0.4%
Dominance: 1.7914% 1.7914%
  • Price: $0.39865 2.5857%
  • Market Cap: 58.56B 1.7914%
  • Volume (24h): 9.74B 0.4%
  • Dominance: 1.7914% 1.7914%
  • Price: $0.39865 2.5857%
Home > Information news > Pepe Price Soars 11% In A Week As Bluntz Sees A Big Rally, But Investors Flock To This Layer-2 PEPE Derivative With A 2,134% APY

Pepe Price Soars 11% In A Week As Bluntz Sees A Big Rally, But Investors Flock To This Layer-2 PEPE Derivative With A 2,134% APY

Release: 2024/06/27 17:04 Reading: 203

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/667d1bf43361115f142f6483

Pepe Price Analysis Reveals Bullish Potential

Over the past week, the Pepe price has surged over 11%, reaching $0.00001268 as of 12:00 a.m. EST, despite a 2% drop in the last 24 hours. However, the monthly performance remains in the red zone, showing a 20% decline.

Crypto analyst Bluntz believes Pepe is positioned for a rally, predicting a 5-wave rise to $0.0000145.

Pepe Consolidates and Evaluates its Options

In the past 24 hours, Pepe has entered a consolidation phase between $0.00001179 and $0.00001364. This period of sideways trading could indicate a potential breakout.

If bulls succeed in flipping the $0.00001364 resistance into support, Pepe could gain the momentum to rise further, potentially reaching $0.00001550.

However, a跌落 below the immediate support at $0.00001179 would invalidate the bullish thesis, opening the possibility of a drop to $0.00000975.

Technical Indicators Suggest a Potential Downturn

Technical indicators on Pepe's 4-hour chart suggest a bearish trend reversal.

The Moving Average Convergence Divergence (MACD) is nearing a bearish technical flag, indicating a potential decline. Similarly, the Relative Strength Index (RSI) is leveling off in the low 60s, hinting at a possible bearish trend reversal.

Pepe Unchained: A Scalable and Rewarding Meme Coin

While Pepe attempts to break out of consolidation, investors are flocking to the staking yield offered by Pepe Unchained (PEPU).

PEPU stands out as a meme coin with its dedicated layer 2 network, providing unparalleled speed, scalability, and low fees. With transaction speeds 100 times faster than other meme coins on Ethereum, Pepe Unchained has the potential to attract significant attention.

Early Success and Lucrative Staking Rewards

Pepe Unchained has made a strong debut, raising $100,000 within minutes of its presale launch. Investors are eagerly purchasing PEPU, with its ICO total approaching $1 million.

To encourage early adoption, the Pepe Unchained team offers a highly lucrative staking opportunity through its ongoing presale. Buyers can access a 2,134% Annual Percentage Yield (APY).

Investors seeking early investment opportunities can acquire PEPU through the buy widget on the project's website. The price is currently $0.0080964 and can be purchased using ETH, USDT, BNB, or bank card. However, the coin's price is scheduled to increase in less than three days.

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