,The Pepe price soared more than 42% in the past week despite a more than 4% slide in the last 24 hours to trade at $0.00001579 as of 12:50 a.m.
PEPE’s strong performance led to the meme coin establishing a new all-time high at $0.00001718, and at one point it briefly flipped Polygon (MATIC) to become the 18th-biggest crypto by market capitalization. MATIC has since regained the 18th spot.
The Pepe Price Forms A New Resistance
4-hour chart for PEPE/USD (Source: GeckoTerminal)
The Pepe price was able to overcome the $0.00001528 resistance level over the past 24 hours. Following the break above this threshold, the meme coin climbed to its new all-time high over the past 24 hours. It has since retraced, forming a new price barrier at $0.00001761 as a result.
Traders were quick to take profit from PEPE’s latest price surge. With sellers still exerting pressure on the Pepe price, the meme coin is now testing the aforementioned $0.00001528 mark.
Falling below this technical crutch in the coming 12 hours could put the crypto at risk of falling to the next key level at $0.00001276 in the following 24 hours. Continued sell pressure should the meme coin drop to this price point might lead to PEPE plummeting to as low as $0.00000950 in the short term.
This bearish thesis could be invalidated if the Pepe price is able to sustain a position above $0.00001528 for the next 24 hours. In this alternative scenario, PEPE might rebound off of the crucial level and enter into another bullish move.
Bears Could Overpower Bulls To Take Control Of The Pepe Price
Technical indicators on PEPE’s 4-hour chart show that buyers are losing strength, giving bears an opportunity to potentially regain control of the Pepe price. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing bearish signs.
Over the past 24 hours, the RSI line has dropped from a peak of 70.49 to its current level just above 55. Although an RSI value above 50 indicates bullish strength, the decrease in the technical indicator’s value warns that bears are attempting to overthrow bulls.
Meanwhile, the MACD line broke below the MACD Signal line. Traders usually identify this as a sign that a crypto has entered a negative phase. If the RSI value drops below 50 and the MACD line breaks away below the MACD Signal line, traders might start to enter short positions in the meme coin.
This additional sell pressure could force the Pepe price below the $0.00001528 mark, potentially opening up the risk of it dropping further in the upcoming 24 hours.
As bears try to overpower bulls on PEPE’s charts, traders might consider pivoting to Dogeverse (DOGEVERSE) for potentially parabolic gains as the new meme coin gets ready to launch.
A Pioneering Meme Coin
Dogeverse is unlike any other meme coin that has come before it as the first light-hearted crypto to reside on multiple blockchain networks. This is part of the broader crypto industry trend to make blockchain networks and projects more interoperable.
Being the first meme coin with a cross-chain presence, Dogeverse allows its investors to transfer value across networks including Solana, Ethereum, BNB Chain, Polygon, Avalanche and Base with ease.
This gives investors and token holders the ability to take part in numerous DeFi yield-generating opportunities as soon as they present themselves.
Dogeverse’s high levels of utility caught the attention of crypto YouTuber Jacob Bury. In a recent video, he told his 39.3k subscribers that Dogeverse could generate 100x returns for investors.
, 儘管截至凌晨 12:50,過去 24 小時內下跌超過 4%,交易價格為 0.00001579 美元,但 Pepe 價格在過去一周飆升超過 42%,交易價格為 0.00001579 美元,但 Pepe 價格在過去一周飆升超過 42%。 ,一度超越Polygon (MATIC),成為以市值計算第18 大加密貨幣。 MATIC 此後重返第 18 位。在突破這項門檻後,Meme 代幣在過去 24 小時內攀升至歷史新高。此後它有所回撤,從而在 0.00001761 美元處形成了新的價格障礙。由於賣家仍在對Pepe 價格施加壓力,meme 代幣目前正在測試上述0.00001528 美元大關。關鍵水準0.00001276 美元的風險小時。如果 Meme 幣跌至這個價格點,持續的拋售壓力可能會導致 PEPE 在短期內暴跌至 0.00000950 美元。 。在這種替代情況下,PEPE 可能會從關鍵水平反彈並進入另一次看漲走勢。機會可能會重新控制佩佩的價格。移動平均線收斂分歧(MACD)和相對強弱指數(RSI)均顯示出看跌跡象。顯示看漲力量,技術指標值的下降警告空頭正試圖推翻多頭。交易者通常認為這是加密貨幣已進入負面階段的跡象。如果 RSI 值跌破 50 且 MACD 線突破 MACD 訊號線,交易者可能會開始在 Meme 幣中建立空頭部位。在即將到來的24 小時內,它會進一步下跌。開創性的Meme CoinDogeverse 不同於任何其他幣種。這是更廣泛的加密行業趨勢的一部分,旨在使區塊鏈網路和專案更具互通性。 、Ethereum、BNB Chain、Polygon、Avalanche這使得投資者和代幣持有者能夠在眾多 DeFi 收益產生機會出現後立即參與其中。在最近的一段影片中,他告訴他的 39,300 名訂閱者,Dogeverse 可以為投資者帶來 100 倍的回報。
In addition to its growth potential, Dogeverse is also offering ICO investors a lucrative staking program with a 47% APY.
Last Chance To Buy Before A Potential Explosion
Time is running out for investors to get in on the ground stages of Dogeverse, with just six days left before the meme coin’s ICO ends. To date, over $15 million has been poured into DOGEVERSE to make it one of the best-performing presales this year.
除了其成長潛力外,Dogeverse 還為ICO 投資者提供利潤豐厚的質押計劃,年利率為47%。天時間在 meme 幣的 ICO 結束之前留下。迄今為止,DOGEVERSE 已投入超過 1500 萬美元,使其成為今年表現最好的預售之一。
Get ready to blast off with Cosmo! 🚀🌀
⏳ #Presale ends on June 3rd at 10 AM UTC!
🌐 Claim launches on June 5th at 10 AM UTC!
This is your LAST CHANCE to join Cosmo on his #Blockchain adventures before the official launch! 🌌
Don’t miss out! The clock is ticking! 📣… pic.twitter.com/QwpzWcm947
— DogeVerse (@The_DogeVerse) May 23, 2024
準備好與 Cosmo 一起起飛吧! 🚀🌀 ⏳ #預售將於世界標準時間 6 月 3 日上午 10 點結束! 🌐 領取將於世界標準時間 6 月 5 日上午 10 點啟動!這是您在正式發布之前與 Cosmo 一起參與他的 #Blockchain 冒險的最後機會! 🌌不要錯過!時鐘正在滴答作響! 📣… pic.twitter.com/QwpzWcm947 — DogeVerse (@The_DogeVerse) 2024 年 5 月 23 日
Selling for $0.00031, the meme coin can be bought using a variety of cryptos. These include SOL, AVAX, BNB, MATIC, ETH, BASE and USDT. Alternatively a bank card can also be used to acquire the token.
Purchase DOGEVERSE here before its official launch.
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Meme 幣的售價為 0.00031 美元,可以使用各種加密貨幣購買。其中包括 SOL、AVAX、BNB、MATIC、ETH、BASE 和 USDT。或也可以使用銀行卡取得代幣。
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