Release: 2024/07/15 23:04 Reading: 552
Billy Price Surges 50% in 24 Hours
The Billy price has surged 50% in the last 24 hours, trading at $0.1783 as of 7:25 a.m. EST. This surge was accompanied by a 29% increase in trading volume, reaching $37 million. According to CoinGecko, Billy became the top gainer among the 100 largest meme coins by market capitalization.
Billy Price Trends Within Ascending Channel
Billy's price has been trending downward, with bulls attempting to break above the bullish pennant. However, resistance at $0.1873 pushed the price down within the pennant.
Bulls regained momentum at the $0.09726 support zone and rebounded off the pennant's lower trendline. They broke above the bullish pennant, reclaiming the previous high at $0.1873 and recovering their profits.
Bullish Momentum Builds
Accumulation signs indicate that bullish investors may drive Billy's price higher. A close above the bullish channel in a candlestick would create a strong technical base and potentially trigger a bull rally.
Traders are opening long positions, anticipating Billy's entry into an upward price discovery phase. Technical analysis shows that bullish momentum is building, with both the MACD and RSI showing promising trends.
Billy Price Prediction
Bullish momentum suggests a potential upward drive, with positive technical indicators supporting this view. Optimism remains for a new all-time high around $0.2223.
However, bearish pressure could lead to a retest of the pennant's upper trendline at $0.1136. A break below this level could extend the downtrend, targeting the $0.09690 support zone.
Pepe Unchained Surpasses $3.6 Million
For those looking to diversify their portfolios with bullish potential, Pepe Unchained ($PEPU) is a new presale that has already secured $3.6 million in funding.
Pepe Unchained aims to follow the success of its predecessor, PEPE, the third-largest meme coin by market capitalization. Unlike PEPE, Pepe Unchained runs on its own Ethereum Layer 2 blockchain.
This new chain offers speed, scalability, and lower transaction fees, making its transactions up to 100 times faster than other Ethereum-based meme coins. Investors can stake PEPU tokens for a 519% Annual Percentage Yield.
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