Pepe Unchained Price Prediction: PEPU Surges 45% After Binance Listing Boost, While This PEPE Derivative ICO Nears $30M In 2 Weeks
Release: 2024/12/18 19:19 Reading: 345
Pepe Unchained Surges 45%
The Pepe Unchained ($PEPU) price has skyrocketed 45% in the past 24 hours, reaching $0.02260 at 02:25 a.m. EST. This surge coincides with its appearance on Binance's "Binance Alpha" feature, which highlights promising tokens with potential for future listing.
Pepe Unchained Price Outlook
After an initial surge and subsequent downtrend, $PEPU has stabilized within a falling wedge pattern. Its recent touch of the wedge's upper boundary suggests a potential breakout. This is further supported by the price trading above its 50-day Simple Moving Average, a bullish short-term signal.
The Relative Strength Index (RSI) also indicates neutral-to-bullish territory, showing that the price has room for further growth. The formation of a bullish crossover in the MACD line adds to the positive sentiment.
Technical Analysis
The PEPU/USD pair is likely to break out of the falling wedge pattern with a target resistance of $0.03. However, a break below the $0.01765 support could lead to a continuation of the downtrend, targeting $0.015 or lower.
Emerging Pepe Alternative: Wall Street Pepe (WEPE)
Alongside the $PEPU surge, investors are also buying up Wall Street Pepe (WEPE), a new Pepe alternative. With over $29.4 million raised in two weeks, it has become the most successful presale of the year.
WEPE Features
WEPE empowers traders with exclusive insights and strategic information, enabling them to make informed investment decisions. It also offers passive income through its 43% annual percentage yield (APY) staking feature.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered investment advice.
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