LandWolf Price Prediction: WOLF Surges 5% As Experts Say This Parabolic Presale Might Be The Best Crypto To Buy Now
Release: 2024/07/02 21:48 Reading: 490
LandWolf Price Poised for Breakout Surge
In the past 24 hours, the LandWolf (WOLF) price has experienced a remarkable 5% surge, reaching $0.01677 as of 03:35 AM EST. This increase is accompanied by a significant volume increase of 35%, amounting to $16.8 million.
LandWolf Breakout from Rectangle Pattern
Following its launch, WOLF's price soared to an all-time high of $0.0221 on June 21st, before retracing to a support level of $0.011 (according to data from GeckoTerminal). Subsequently, the price moved within a rectangle pattern, fluctuating between horizontal support and resistance levels.
However, the rectangle pattern appears to be ending, potentially signaling an upcoming breakout. WOLF's price has already briefly surpassed the rectangle.
Indicators such as the Simple Moving Averages (SMAs) and Relative Strength Index (RSI) suggest a bullish rally over the rectangle pattern. The 50-day and 200-day SMAs are both well below the current price, while the RSI is above the 50-midline level (currently at 53).
LandWolf Price Prediction
On the 1-hour chart, WOLF's price is in consolidation, as bullish investors aim to drive it over the rectangle target of $0.025.
Conversely, if bearish pressure prevails, the price could drop below immediate support levels at $0.01549 and $0.01474 (the 50-day and 200-day SMAs). This could lead to a retreat to the next support at $0.01210.
Pepe Unchained: A New Meme Coin to Consider
As LandWolf's bullish momentum builds, investors are also showing interest in the new meme coin Pepe Unchained (PEPU). PEPU has gained significant traction, raising over $1.9 million in less than two weeks.
PEPU aims to address the limitations of its predecessor, PEPE, which operates on the Ethereum blockchain and faces network delays and high gas fees. Pepe Unchained, on the other hand, is built on its own Layer 2 blockchain, enabling faster transactions and greater efficiency.
With attractive features such as a staking system offering a 1,018% annual yield and endorsement from reputable crypto channels, PEPU is gaining attention as a potential investment opportunity.
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