Koala AI Price Prediction: KOKO Soars 69% As This PEPE 2.0 Rockets Past $21 Million In Presale
Release: 2024/10/21 17:54 Reading: 237
Koala AI Price Surges: Meme Coin Breaks Technical Barriers
The Koala AI (KOKO) price soared over 69% in the past 24 hours, reaching $0.000005536 at 4:18 a.m. EST. As investors flock to the meme coin, it has gained over 108% weekly.
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Koala AI Price Targets Resistance Level
KOKO recently surpassed the resistance at $0.000005562 and aims to establish a presence above it. If successful, the meme coin could elevate to the next resistance at $0.000006326.
However, if the price falls below $0.000005562 within the next 8 hours, KOKO could risk a correction to $0.000004875. Continued sell pressure may lead to a further decline to $0.000004111.
Technical Indicators Suggest Overbought Territory
Technical indicators on KOKO's 4-hour chart show overbought conditions. This could lead to a pullback in the next 24 hours as traders take profits.
The Relative Strength Index (RSI) has climbed into the high 80s, indicating potential short-term downside potential. The Moving Average Convergence Divergence (MACD) still favors buyers, but a pullback may occur if the MACD line approaches the MACD Signal line.
Pepe Unchained (PEPU) Attracts Investors
Amidst KOKO's rally, the frog-themed token Pepe Unchained (PEPU) has attracted significant investment, with its presale exceeding $21 million.
PEPU aims to enhance scalability in the meme coin sector by introducing a layer-2 side chain. This would alleviate the burden on legacy blockchains and increase transaction speeds for meme coins on its network.
Investors See Potential in PEPU
Investors are bullish on PEPU's future, having sent over $21.2 million to its ICO. PEPU can be purchased for $0.0112 using ETH, USDT, BNB, or bank card. With a price hike expected at $21,289,141 in sales, interested buyers are encouraged to act promptly.
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