Release: 2024/10/27 18:44 Reading: 474
Goatseus Maximus Soars, While Pepe Unchained Makes Waves
Despite a recent downturn of 5% in the past 24 hours, Goatseus Maximus has experienced a remarkable surge of 54% within the week. As of 10:56 p.m. EST, it trades at $0.6703, with trading volume declining by 28% to $318 million, per CoinGecko.
Among the top 100 cryptos by market capitalization, GOAT has emerged as the most significant gainer over the past week, according to Crypto Bubbles.
Goatseus Maximus Price Outlook
Goatseus Maximus has enjoyed consistent bullish momentum in the last week, propelled by strong support at the $0.258 level. However, it currently faces resistance at the lower boundary of a rising channel pattern. A breach below this threshold could indicate a shift towards short-term bearish momentum.
The slight retracement has brought the price marginally below the 50-day Simple Moving Average (SMA), while it remains above the 200-day SMA, potentially indicating a further surge potential.
The Relative Strength Index (RSI) has dropped to 38, approaching the 30-oversold territory. This suggests that the asset may become undervalued, attracting buyers.
The GOAT/USDT chart analysis reveals a slight bearish trend with the possibility of a reversal. Should the bears drive the Goatseus Maximus price lower, the $0.5459 level (200-day SMA) serves as a potential support zone.
Conversely, the RSI's movement towards the oversold level could lead to GOAT becoming undervalued, signaling a buying opportunity for bulls. In this scenario, the price could rise towards the $0.90 resistance level.
Pepe Unchained Gains Traction
In addition to Goatseus Maximus' performance, investors are showing interest in a new rival, Pepe Unchained ($PEPU). During its presale, PEPU has surpassed the $22.6 million mark.
According to 99Bitcoins, a prominent crypto YouTube channel, Pepe Unchained has the potential to deliver substantial returns, similar to other meme coins.
Pepe Unchained intends to remove the original PEPE from the Ethereum blockchain and establish its own Layer 2 blockchain with faster transaction speeds and lower fees. It will also feature a dedicated block explorer and a decentralized exchange (DEX).
The platform plans to integrate other meme coins into its ecosystem and offer developer grants to enhance its infrastructure.
Pepe Unchained investors can also earn a significant annual return of 101% by staking their tokens.
PEPU tokens are currently available for purchase at $0.01178 each, with payment options including ETH, USDT, and credit cards. A price increase is expected within the next four hours, so interested buyers are advised to act swiftly to secure the best deal.
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