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The price of Pepe Unchained has surged 23% in the past 24 hours, trading at $0.01173 as of 2:19 AM ET, with trading volume surging 21% to $3.8 million.
This comes despite the meme coin market falling 1.3% over the past 24 hours, reaching a market capitalization of $111 billion. CoinGecko.
pepe unchained rebound price
that PEPU price It has shown promising signs of upside potential in recent weeks as it breaks past previous resistance levels.
According to data from , the price formed a descending triangle pattern with strong horizontal support and downward resistance near $0.0093. gecko terminal.
This pattern is often considered bearish, but the recent break above resistance suggests a potential bullish trend reversal.
Additionally, PEPU has risen above its 50-day simple moving average (SMA), which is currently at $0.01062. What was once resistance can now act as support, indicating the potential for a sustained bullish move.
A sustained rise above this level signals increasing bullish strength.
The relative strength index (RSI) is 66.98, which is close to the overbought range but still indicates strong buying pressure. The positive momentum is expected to continue as long as RSI remains above 50.
Additionally, the Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the blue MACD line moving above the orange signal line and both moving above the 0 line.
A histogram that turns green reinforces expectations of higher prices, indicating the potential for continued growth.
PEPU Can Maintain Bullish Rally
A break above the resistance line of the descending triangle signals continued bullishness in the near term. The next important resistance level is around $0.0130, which is consistent with the previous consolidation area.
A successful violation of this level could push the Pepe Unchained price higher as the bulls have a target of $0.0150.
However, traders should keep a close eye on the RSI as it is likely to fall due to near overbought conditions. If PEPU fails to stay above the $0.0106 (50-day SMA) level, it could retest the $0.0100 horizontal support.
As Pepe Unchained prices aim for a bullish rally, investors continue to look for new alternatives called Pepe. Wall Street Invitation (WEPE). ClayBro, a cryptocurrency influencer with over 134,000 subscribers, says it could skyrocket as much as 100x after launch.
A promising alternative to Pepe Unchained
Wall Street Pepe’s pre-sale is already one of the most successful in history after surpassing $45.2 million in initial funding.
The project aims to be a place for members to collaborate, share insights and potentially make huge profits by identifying promising opportunities early and outselling the secretive whale investors that WEPE hates.
Inspired by the success of Reddit’s Wall Street Bets, the idea is that members collectively decide which projects to support, driving momentum and growth.
This community-driven approach helps members gain useful market knowledge, make informed decisions, and connect with others for trading and networking. The project emphasizes openness and ease of participation, allowing everyone to participate early.
We are making history here. Feeling optimistic. 🐸 ⚔️ pic.twitter.com/LlI8KkWfL7
— Wall Street Pepe (@WEPEToken) December 15, 2024
WEPE’s hatred of insider whale investors led him on a mission to ensure that the WEPE army “can out-trade hedge fund crooks.”
WEPE tokens also offer a passive income opportunity with 28% annual returns through a staking feature.
You can buy WEPE tokens for $0.00036645 on the official website using ETH, USDT or bank card.
To secure the best deal, buy within 10 hours before the price increases.
Buy WEPE tokens here.
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