join us telegram A channel to stay up to date on breaking news coverage
The price of Pepe has surged 21% in the past 24 hours, trading at $0.00002589 as of 9 PM ET, with volume up 127% to $8 billion.
The surge pushed the price of PEPE to an all-time high (ATH) and established the token as one of the most popular cryptocurrencies on CoinGecko.
Pepe price rebounds from strong support level
PEPE/USD price action on daily time frames highlights a bullish breakout and strong rally. According to GeckoTermonal data, prices have been stuck in a bearish channel since the beginning of the year, with consistently lower highs and lower lows.
This downward trend ended near the $0.000001154 level, where the price found strong support. This zone served as an important reversal zone where buyers stepped in and initiated upward momentum. After breaking the bearish channel in late September or early October, the price surged above key resistance levels.
PEPE/USD is trading around $0.000002589 and is showing a daily gain of +3.61%. The breakout also established a new support level around $0.000002000, which served as a consolidation base before the next step higher.
PEPEUSD Analysis Source: Dextools.io
The 50-day moving average (SMA) of $0.000001568 is pointing upwards, indicating strong near-term bullish momentum. The 200-day MA at $0.000001154 confirms the long-term upward trend as the price is trading well above this level.
Momentum indicators further support this bullish stance. MACD is firmly in positive territory, with the MACD line above the signal line and the histogram growing, indicating a strong buying trend.
Meanwhile, the relative strength index (RSI) is at 72.35, which is in overbought territory of 70. This could trigger a short-term decline or consolidation in Pepe price before the next uptrend.
The technical outlook for PEPE/USD remains bullish, but caution is warranted considering RSI is overbought. A retest of the $0.000002000 support level may provide a better entry point for further gains.
The next major resistance is the psychological barrier of $0.000003000. Key support levels are at $0.000002000, in line with the consolidation zone and near the 50-day SMA at $0.000001568.
Wall Street Pepe (WEPE) presale approaches $3 million.
Another meme coin making waves is Wall Street Pepe (WEPE), which is making headlines for its pre-sale success, with funds raised exceeding $2.4 million in just five days since launch.
According to analysts on the popular CryptoNews YouTube channel, which has over 14,000 subscribers, the WEPE token is gaining attention as a potential breakout “degen play” in the cryptocurrency market..
Wall Street Pepe is the latest meme coin to catch people’s attention. Its mix of humor and practical crypto utility makes it stand out from the crowd.
Inspired by the massive success of Pepe, the first frog meme coin, WEPE took things a step further. The pre-sale not only hints at the next big phenomenon, but also promises exclusive benefits to holders, including access to trading insights, market strategies and alpha calls.
Unlike other meme coins that rely solely on hype, Wall Street Pepe aims to empower everyday traders. The mission is clear. The goal is to provide investors with the tools and insights they need to succeed in the cryptocurrency market.
“Wall Street Pepe hates it when whales hide in insider circles,” the website declares. “So he decided to make it himself. Join the WEPE token army. Frogs become stronger together!”
Through these resources, Wall Street Pepe aims to help the community navigate the volatile cryptocurrency landscape with confidence and clarity.
Who said money doesn’t grow on trees 🐸⚔️ pic.twitter.com/tRLhkEnEBu
— Wall Street Pepe (@WEPEToken) December 4, 2024
$WEPE token offers 218% staking APY
For an exclusive VIP community, Wepe Army grants members access to expert trading calls, market insights, and a platform to share strategies with fellow investors.
Members can also submit trade ideas and earn free $WEPE tokens for approved proposals.
Additionally, investors can earn lucrative passive income through the WEPE token staking mechanism, which offers a whopping Annual Percentage Yield (APY) of 218%.
Currently WEPE tokens can be purchased for $0.000206 on the official website and can be purchased with ETH, USDT or bank cards.
To get the best deal, buy within 4 days before the price increases.
Buy WEPE token bonds.
Related articles
Latest Meme Coin ICO – Wall Street Pepe
- Thanks to Coinsult
- Early Access Presale Round
- $WEPE Army’s privately traded alpha
- Staking Pool – High Dynamic APY
join us telegram A channel to stay up to date on breaking news coverage