Grass Price Prediction: GRASS Soars 14% As Pepe Unchained Surges Toward $25 Million In Presale
Release: 2024/11/04 22:44 Reading: 366
The Grass Price Surges
In the past 24 hours, the Grass price has experienced a significant increase of 14%, reaching $1.54 as of 4 a.m. EST. This surge was accompanied by a 12% drop in trading volume to $318.53 million.
While Grass has been performing well on a 24-hour basis, its weekly performance has been even more impressive with a 91% increase.
Network Developments
These recent surges have followed the project's announcement on October 31 of the launch of Stage 2 of its network.
Grass Price Prediction
Following the project's failed attempt to surpass the $1.9 barrier, the GRASS price was rejected but found support at $1.5, preventing a further decline. The start of the new week has marked the beginning of a new bullish wave, with Grass' Bollinger bands widening.
As the price moves away from the lower band, it is expected to reach the upper band in the coming hours and possibly push it even higher. The Relative Strength Index (RSI) is also signaling a bullish trend, approaching the neutral value of 50.
While there is a possibility that traders may take profit once the RSI hits 70, Grass has the potential to return to the resistance at $1.9 and even exceed $2.
Promising Alternative
Pepe Unchained (PEPU) is another cryptocurrency that has been experiencing a surge. Having raised over $24.5 million in its presale, PEPU has impressed experts who believe it has the potential to be the next 10x crypto.
PEPU aims to build an ecosystem around the original meme coin, PEPE, but on its own Layer 2 blockchain, offering faster and cheaper transactions. It is currently offering tokens for sale at $0.01219 each, with a price hike expected in less than 2 days.
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