Release: 2024/06/15 18:45 Reading: 760
PepeFork Price Surges with Bullish Indicators
The PepeFork (PORK) price has witnessed a remarkable 34% surge over the past 24 hours, reaching $0.000000181 as of 7:30 p.m. EST. This significant increase is accompanied by a 593% rise in trading volume, amounting to $9.3 million.
Despite bearish pressure, PORK has rebounded, surpassing the 50 and 200 simple moving averages (SMA). This indicates a positive shift in momentum. However, bears have temporarily pushed the price below the 200 SMA, towards the upper trendline of a falling channel.
Nonetheless, bulls have demonstrated resilience, driving the price back above the falling channel pattern. This action has been supported by the $0.0000001286 support zone.
Technical Analysis
The Relative Strength Index (RSI) currently indicates positive sentiment, hovering above the 50 midline. After briefly reaching overbought levels, it has now settled at 60, suggesting potential for further buying pressure.
The Moving Average Convergence Divergence (MACD) indicator also points towards a bullish trend. The blue average line has crossed above the orange signal line, signaling bullish momentum. However, negative histogram bars indicate some lingering bearish pressure.
Price Targets
Bullish moving averages have allowed bulls to push the price above the falling channel, targeting the previous high of $0.0000003007. A rebound from the upper trendline of the channel could potentially drive the price to a high of $0.0000003315.
Conversely, if bears regain control, PORK could drop to the $0.0000009474 support zone within the falling channel. A breach below this level could lead to a decline towards the $0.00000001286 support zone.
New P2E Game Raises Funds
Investors seeking diversification may consider PlayDoge, a mobile-based Play-to-Earn (P2E) game that has raised over $4.4 million in presale funds. This project encourages players to care for virtual pets and embark on quests to earn rewards in the form of $PLAY tokens.
PlayDoge also offers passive income through staking, with an impressive 185% annual return. Crypto analyst Jacob Bury predicts a potential 10X surge in value after launch. Tokens are currently priced at $0.00508 and can be purchased via the PLAY website.
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