Release: 2024/11/13 22:52 Reading: 554
Recent Bitcoin Uptick Boosts Memecoin Rally, Led by PEPE
Date: Wed, Nov 13, 2024, 02:06 PM GMT
The cryptocurrency market has witnessed renewed momentum with Bitcoin (BTC) gaining over 5%. This has sparked enthusiasm among memecoins, with Pepe (PEPE) emerging as the leader.
PEPE Surges 46% on Robinhood Listing Announcement
PEPE's impressive rally is primarily attributed to the recent announcement by Robinhood Crypto Exchange. Robinhood has added PEPE to its U.S. trading platform, bringing the total number of available cryptocurrencies to 19.
Bullish Technical Setup
Technical analysis of PEPE's price chart reveals a promising bullish setup. After breaking out of a descending triangle, PEPE has rallied to new all-time highs. With strong technical indicators and the support of Robinhood's listing, PEPE appears poised for further upward momentum.
Disclaimer:
This article is provided solely for informational purposes and should not be construed as financial advice. Conduct thorough research before investing in cryptocurrencies.
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