Pepe Price Prediction: PEPE Pumps 9% As Whales Buy This Would-Be Usurper That’s Surging Towards $18 Million In Presale
Release: 2024/10/05 19:14 Reading: 896
Pepe Price Analysis
The Pepe token has exhibited a 9% surge within the past 24 hours, reaching $0.000009462 as of 9:06 p.m. EST. This increase is paralleled by a 3% rise in trading volume to $1.9 billion.
Pepe's Bullish Trend Reversal
GeckoTerminal data reveals a mid-September price surge for Pepe as bulls regained dominance from the $0.0000080 mark. After reaching a resistance of $0.00001163, Pepe's price retreated to $0.000008411 support, forming a potential rounding top pattern.
Bulls leveraged this support to initiate a bullish trend reversal.
Currently trading above the 200-day Simple Moving Average (SMA), Pepe may maintain its long-term bullish stance. The 50-day SMA presents an immediate resistance at $0.000010253.
The Relative Strength Index (RSI) is approaching the 50-midline (currently at 48), indicating active buying pressure from investors.
Furthermore, the Moving Average Convergence Divergence (MACD) is advancing towards the neutral line, suggesting positive price momentum.
Sustaining this momentum could propel Pepe's price towards $0.000012, the bulls' current target.
However, a bear market reversal could lead to a decline to $0.000008265 (200-day SMA).
Pepe Unchained Presale
Concurrently with Pepe's upward trajectory, investors are flocking to the Pepe Unchained (PEPU) presale. According to 99Bitcoins, this meme coin has the potential for a 100X surge post-launch.
The Pepe Unchained presale has surpassed $17.5 million as investors embrace its goal of modernizing Pepe-themed meme coins with a proprietary layer-2 blockchain.
PEPU offers lightning-fast speeds, superior transaction efficiency, scalability, and reduced costs.
In addition, token holders can participate in a staking system with a generous 129% annual percentage yield (APY).
Currently, $PEPU tokens are priced at $0.00992 each. With a price adjustment imminent, investors are advised to secure the most favorable deal by purchasing now.
To participate in the presale, visit the official website and purchase $PEPU using ETH, USDT, or a bank card.
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