Pepe Price Prediction: PEPE Plunges 12% As This New Meme Coin Rival Raises Over $3.5 Million In Presale
Release: 2024/12/10 16:29 Reading: 657
Pepe Price Plummets 12%, Slips Below Key Support
The Pepe price experienced a sharp decline of over 12% in the past 24 hours, trading at $0.00002331 as of 10:06 p.m. EST. Investors are divesting their holdings in the meme coin, leading to its price drop.
Despite the correction, Pepe's positive weekly performance of 13% remains.
Technical Analysis
- Pepe's 4-hour chart indicates a recent dip below the crucial support level of $0.00002398.
- If the meme coin closes a 4-hour candle below this mark within the next 12 hours, it faces the risk of falling to $0.00001953.
- Alternatively, closing three consecutive 4-hour candles above $0.00002398 could halt the price drop and potentially lead to a rebound towards the $0.00002864 resistance level.
Bearish Indicators
- Technical indicators on Pepe's 4-hour chart suggest a potential further decline in the coming 24 hours.
- The Relative Strength Index (RSI) has fallen below the neutral 50 level, indicating stronger selling activity.
- A bearish technical flag pattern has emerged from the Moving Average Convergence Divergence (MACD) indicator, signifying a potential negative short-term trend.
New Meme Coin: Wall Street Pepe (WEPE)
Amidst Pepe's price decline, investors are flocking to buy Wall Street Pepe (WEPE), a rival meme coin. WEPE aims to empower small retail traders with market insights and trading tools.
WEPE Presale
- Wall Street Pepe has raised over $3.5 million in its ongoing presale, indicating strong investor interest.
- WEPE tokens are currently available at $0.000207 and can be purchased with crypto or bank card.
- The price of WEPE is set to increase as the ICO progresses, so investors are advised to act quickly.
Related Articles:
- src="/uploads/20241210/1733824809675811297f06d.png">
Recent news
More>- Homosexual Pepe Solana Memecoin to Rally 18,000% Before Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- BTFD Presale Captivates Investors in the Best New Meme Coin Presales for Significant Returns as PEPE and SPX6900 Dominate the Scene Fuel the... 01-01
- Homosexual Pepe (HOMOPEPE) Solana Memecoin to Rally 18,000% Before Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- The Metrics Pointing to Massive Potential for WIF, JASMY, and PEPE in 2025 01-01
- BTFD Coin’s Presale is Unmissable Amid Pepe and Moo Deng’s Crypto Hype: Best Meme Coin Presales to Join This Week 01-01
- Homosexual Pepe (HOMOPEPE) Solana Memecoin to Rally 18,000% Ahead of Exchange Listing, While SHIB, BONK and DOGE Crash 01-01
- Crypto Gems for the Next Quarter: Top 5 Tokens to Watch 01-01
- Why $PEPE Jumped 20% Today And Which Coin Could Be Next 01-01
- Best New Meme Coins to Join for Short Term: BTFD Raises $4.7M in Presale as BONK Boasts Low-Cost Transactions and PEPE Enjoys Steady Followi... 01-01
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Missed Pepe Unchained? Don’t Worry, This New Pepe-Themed Meme Coin Will Produce Bigger Gains in 2025
- 8 Top 4 Altcoins At 70% Discounts – Last Chance!
- 9 Smart $Pepe trader makes $11.7M profit during Market Drop
- 10 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com