Casper Price Rallies Over 89% Amidst Investor FOMO

The Casper price has soared over 89% in the past 24 hours, trading at $0.0201 as of 5:17 a.m. EST. This surge follows investor FOMO buying of the cryptocurrency.

The Casper price has also gained over 133% over the past week, indicating a strong bullish momentum.

Casper Faces Key Support and Resistance

The Casper price has found a support level at $0.01905, after briefly breaking through the $0.02331 resistance.

A drop below the $0.01905 mark could lead to a decline to the next support at $0.01343.

On the other hand, a sustained hold above $0.01905 could trigger a rebound and a potential rise back above $0.02331.

Technical Indicators Hint at Potential Correction

Technical indicators on Casper's 4-hour chart suggest a potential correction in the coming 24 hours.

The Relative Strength Index (RSI) has triggered a bearish technical flag, indicating seller control.

The Moving Average Convergence Divergence (MACD) line has started to decrease towards the MACD Signal line, suggesting a weakening bullish momentum.

Investors Turn to Layer 2 Meme Coin Pepe Unchained

Amidst the potential for a Casper correction, investors are flocking to Pepe Unchained (PEPU), a Layer 2 meme coin.

PEPU aims to revolutionize the meme coin space by offering utility and a Layer 2 network for increased transaction speeds and reduced fees.

Pepe Unchained Presale Surges

The Pepe Unchained presale has raised over $35.8 million, attracting large crypto whales.

The presale is set to end in 25 days, with the token launch scheduled for December 13, 2024.

PEPU plans to list on multiple tier-1 crypto exchanges upon launch, potentially boosting its price.

Investors can purchase PEPU for $0.012891 on the project's website using ETH, USDT, BNB, or bank card. Staking options are also available.