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Pepe Price Prediction: PEPE Pumps 10% As The Dogeverse ICO Smashes Past $13 Million !!
#BinanceLaunchpool #ScamRiskWarning #bitcoinhalving #BullorBear #Memecoins The Pepe price rose 6% in the last 24 hours to trade at $0.00000695 as of 02:39 a.m. EST on trading volume that surged 7% to $1 billion.
This comes as the market bounces back from a
flash crypto crash this week, which saw BTC fall below $60,000. Pepe (PEPE) and Dogwifhat (WIF) are the top gainers, with WIF rising 15% in the last 24 hours.The Pepe price has been on a downtrend since mid-March, which then saw PEPE fluctuate within the $0.00000799 resistance level.
In April, PEPE fell dramatically to the $0.00000446 support level, with the price movements over this level forming a head-and-shoulders pattern.
However, the bears negated the bullish prospects introduced by the head and shoulders pattern, as the price went down within the channel down pattern. The support of around $0.00000598 has allowed the bulls to push the price over, as they aim to propel PEPE over the upper boundary of the channel down pattern.
PEPE is currently trading above the 200-day Simple Moving Average (SMA), affirming the current long-term bullish prospects. Suppose the bulls sustain the momentum, PEPE could overcome the 50-day SMA at $0.00000719.Moreover, the readings on the Relative Strength Index (RSI) are also moving up, currently at 51. If the bulls continue buying, the RSI could soar to the 70-overbought region, showing continued investor optimism.The Pepe price analysis indicates a continued breakout for the price to surpass the upper boundary of the channel. With the RSI moving upwards and the golden cross at $0.00000682, PEPE bulls are targeting $0.0000090.However, if the bears continue exerting more pressure, Pepe could go down through a retrace back to $0.00000533, which acts as a cushion against downward pressure.Meanwhile, as the Pepe price pumps, investors are also piling into Dogeverse (DOGEVERSE), a meme coin currently in presale that has soared past $13 million in funds raised in less than a month.
#BinanceLaunchpool #ScamRiskWarning #bitcoinhalving #BullorBear #Memecoins The Pepe price rose 6% in the last 24 hours to trade at $0.00000695 as of 02:39 a.m. EST on trading volume that surged 7% to $1 billion.
This comes as the market bounces back from a
flash crypto crash this week, which saw BTC fall below $60,000. Pepe (PEPE) and Dogwifhat (WIF) are the top gainers, with WIF rising 15% in the last 24 hours.The Pepe price has been on a downtrend since mid-March, which then saw PEPE fluctuate within the $0.00000799 resistance level.
In April, PEPE fell dramatically to the $0.00000446 support level, with the price movements over this level forming a head-and-shoulders pattern.
However, the bears negated the bullish prospects introduced by the head and shoulders pattern, as the price went down within the channel down pattern. The support of around $0.00000598 has allowed the bulls to push the price over, as they aim to propel PEPE over the upper boundary of the channel down pattern.
PEPE is currently trading above the 200-day Simple Moving Average (SMA), affirming the current long-term bullish prospects. Suppose the bulls sustain the momentum, PEPE could overcome the 50-day SMA at $0.00000719.Moreover, the readings on the Relative Strength Index (RSI) are also moving up, currently at 51. If the bulls continue buying, the RSI could soar to the 70-overbought region, showing continued investor optimism.The Pepe price analysis indicates a continued breakout for the price to surpass the upper boundary of the channel. With the RSI moving upwards and the golden cross at $0.00000682, PEPE bulls are targeting $0.0000090.However, if the bears continue exerting more pressure, Pepe could go down through a retrace back to $0.00000533, which acts as a cushion against downward pressure.Meanwhile, as the Pepe price pumps, investors are also piling into Dogeverse (DOGEVERSE), a meme coin currently in presale that has soared past $13 million in funds raised in less than a month.
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