ChainGPT Price Prediction: CGPT Climbs 2% As This PEPE 2.0 Meme Coin Charges Towards $12 Million
Release: 2024/09/03 16:02 Reading: 535
ChainGPT Price Poised for Rebound, Targets Sustained Rally
ChainGPT witnessed a 2% surge in the past 24 hours, trading at $0.1176 as of 00:53 a.m. EST, accompanied by a 6% increase in trading volume to $4 million.
Price Analysis
After reaching a monthly high of $0.148, ChainGPT's price has experienced a downtrend, forming a falling channel pattern. This trend has driven the price below both the 50-day and 200-day Simple Moving Averages (SMAs), indicating a bearish sentiment.
The Relative Strength Index (RSI) has fallen below the 50-midline level, currently at 44, suggesting that sellers have gained control. If selling persists, ChainGPT's price may跌跌不休 to the $0.0990 support zone, providing resistance against further downward pressure.
However, the Moving Average Convergence Divergence (MACD) is moving towards the neutral line, pointing to potential positive momentum for ChainGPT.
Potential Rebound
If buyers regain momentum at this level, ChainGPT's price could recover, targeting $0.130. As the price rises, investors are showing interest in the ongoing presale of Pepe Unchained (PEPU).
Pepe Unchained Presale
Pepe Unchained has raised over $11.5 million in its presale, including $500,000 in the past five days. Investors view PEPU as an upgrade over its predecessor, Pepe ($PEPE), which has faced limitations due to its Layer-1 technology.
Pepe Unchained will introduce a Layer 2 blockchain solution to address scalability, speed, and efficiency issues commonly seen in meme coins built on Layer-1 blockchains like Ethereum. Token holders can also earn passively through the platform's staking system, offering a 174% annual yield.
PEPU tokens are available for purchase at a price of $0.0094603 each. A price increase is anticipated in the coming day. To participate in the presale, visit the official website and use ETH, USDT, or a bank card.
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