PepeFork Price Prediction: PORK Pumps 30%, But Traders Migrate To This Other Meme Coin With Unique AI Features
Release: 2024/03/02 00:19 Reading: 883
The PepeFork price surged by 30% in the last 24 hours to trade at $0.00000036 as of 4:30 a.m. EST on trading volume that skyrocketed 84% to $21.7 million.
PepeFork Price Prognosis
While the PORK price saw a significant surge to $0.00000045, the resistance rejected its price to the current $0.00000036. However, PepeFork is already showing signs of recovery.
Now that the bearish influence that held PORK in a tight grasp for the past 10 days has worn off, the token is likely to sync with the rest of the market and follow Bitcoin’s lead from here on. However, it is also possible that traders will rely on technical Analysis, rather than fundamental reasons, which might guide their actions and, in turn, affect the token’s price performance.
For example, PORK’s Bollinger bands have seen massive widening in the last twelve hours, which is an extremely bullish signal. While the price used to be closer to the upper band, it is currently balancing between the two of them.
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At the same time, PepeFork’s Relative Strength Index (RSI) has delved deep into the overbought zone, reaching the value of 79.68 before traders started to take profit, causing the RSI score and the token’s price to spiral down. The price was stopped by a support at $0.00000035, as mentioned, but the RSI score returned to the neutral zone with its value currently at 51.53.
Given the fact that the RSI descent has stopped, this suggests that the selling pressure is dropping. As a result, traders may move in to buy the dip instead, and pump PORK’s price once again, potentially challenging the resistance at $0.00000045 once more, and potentially the one at $0.00000050 as well.
Alternatively, however, the price could break the support at $0.00000035, and potentially drop to $0.00000030, where it found its strongest support that managed to hold off even the latest bearish pressure.
A lot of what will happen next likely depends on the broader market, as PORK will likely follow the more dominant coins’ lead moving forward, just like most other altcoins do.
Promising Alternative To PepeFork
While PepeFork was a bit late to join the rally that marked this week, the coin still did it in the end, providing many in the industry with an opportunity to make some extra profit now that Bitcoin and the rest of the market have stopped their surge.
But traders could potentially find an even better opportunity with a new AI coin called Scotty (SCOTTY).
Scotty is an AI-based crypto that describes itself as a “guardian of digital realms,” claiming that it can face off against Floki and Shiba Inu, titans of meme coin fame. This AI meme coin is also based on a dog — this time a Scottish Terrier — and so far, it has attracted great interest from the community.
The project has an extensive backstory, telling the tale of his adventures. At the same time, it has also worked out its tokenomics in great detail, and it has a three-phase roadmap.
At the moment, the project is in the middle of a presale which is currently in Public Round 8. The presale attracted great interest from the community, and so far, it has raised $1.1 million, while selling each token for only $0.0063.
? $SCOTTY # 1 #memecoin W/utility of 2024
? smart investors smashed out Stage 6 days ahead of time?
?stage 7 now live and on the move. Price will increase at stage 8
Stage 1 – 6 closed out very early.
?BUY $SCOTTY presale at https://t.co/zRmy4g8hfW#blockchains… pic.twitter.com/BojzOcG85a
— Scotty The Ai (@ScottyThe_Ai) February 26, 2024
However, the current round will end in less than nine days, which is when a scheduled price increase will take place. If you wish to buy SCOTTY tokens before that, you can do so in exchange for ETH and USDT, or purchase them with your credit or debit card directly.
Visit SCOTTY presale here.
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