PepeCoin price soared 29% as the competitor raised $6.7 million in pre-sale.

As investor FOMO buys the meme coin, the price of PepeCoin has surged more than 29% in the past 24 hours, trading at $4.45 as of 6:23 AM EST.

This recent surge allowed PEPECOIN price to claw back its weekly losses and bring its performance over the past seven days back into the green.

PepeCoin price overcomes major resistance

PEPE/USD 4-hour chart (Source: GeckoTerminal)

pepecoin price manage It breaks the resistance level of $3.9682. same corner It fell below on December 7 and continues to trade under to this day. If the cryptocurrency closes a 4-hour candle above this price range within the next 8 hours, it will have the technical foundation it needs to continue rising.

Traders can then attempt to push the PepeCoin price above the next resistance level at $4.2091. In case of extreme optimism, PEPECOIN may rise to $4.4499 in the short term.

On the other hand, if PepeCoin price fails to close a 4-hour candle above $3.9682 within the next 8 hours, the bullish argument may be invalidated. In this alternative scenario, traders may end up taking profits from the recent rise in meme coins.

This potential selling pressure could push the PepeCoin price down to the $3.7274 support level, which joins the lower bound of the rising price channel shown on PEPECOIN’s 4-hour chart. Falling below this level can result in: same corner Over the next 24 hours it fell to $3.4761.

Bulls still seem to be in full control of the PepeCoin price.

From a technical perspective, the bulls still appear to have good control over the PepeCoin price on the 4-hour chart. Both the relative strength index (RSI) and the moving average convergence divergence (MACD) indicate a sustained increase in the meme coin price over the next trading days.

The RSI reading has surged above 70 in the last few hours, indicating a lot of strength. High RSI readings are often considered a sell signal and indicate that an asset is overbought. However, it is not uncommon for readings on the indicator to remain consistently this high during periods of uptick. The positive slope of the RSI line suggests that this may be the case.

The main bullish technical signal was triggered by the MACD indicator on the 4-hour chart during the last 24 hours, during which the MACD line crossed the MACD signal line. As the two lines intersected, the gap between them began to grow. This could mean that PEPECOIN’s bullish momentum shows no signs of slowing down yet.

PEPECOIN has strong momentum and the same goes for PEPECOIN. Wall Street Invitation (WEPE) The pre-sale raised more than $2 million in the past day alone.

New PEPE empowers traders

Wall Street Pepe (WEPE) is a new Pepe derivative looking to climb the cryptocurrency ranks and make a name for itself in the burgeoning meme coin space.

To achieve this, the project is building a WEPE army of like-minded Degen traders to take on the cryptocurrency whales that have dominated the cryptocurrency trading scene so far.

By joining the fast-growing WEPE Army, investors and traders gain access to exclusive market insights and alpha signals that allow them to trade like the pros. Anyone who wants to become a member can purchase WEPE tokens.

Investors may want to add WEPE tokens to their portfolios, as many cryptocurrency experts have come forward to share optimistic predictions about the new PEPE spinoff.

Among them is YouTuber ClayBro, who told his over 133,000 subscribers that WEPE could create the next generation of cryptocurrency millionaires.

Investors don’t even have to wait for the WEPE price to potentially surge to take profits, as there are attractive staking opportunities available now. Anyone who buys and stakes WEPE now can unlock 94% APY.

Investors have high expectations for WEPE’s future

Wall Street Pepe is quickly attracting investors through its ongoing pre-sale, raising over $6.7 million in just one week since launching. Considering the appeal of meme coins and the optimistic predictions of experts, it is easy to see why a buying frenzy has erupted around WEPE.

The bag is packed. My skin is glowing. The atmosphere is perfect. 🐸 ⚔️ pic.twitter.com/nsChKeY09o

— Wall Street Pepe (@WEPEToken) December 10, 2024

Some investors are even calling WEPE the next Pepe Unchained (PEPU). PEPU reached an all-time high in the last 24 hours and raised over $73 million through its ICO.

Currently selling for $0.000212, WEPE tokens can be purchased with both cryptocurrency and bank cards.

Buy WEPE tokens here.

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