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Angry Pepe Fork is quickly gaining traction as the first memecoin with real-world utility, attracting over 5,500 holders and poised to surge as it enters the next stage of its presale.
Table of Contents
SUI rejects from the psychological level
Cronos breakout of the descending trendline
Avalanche still trading in descending channel
Investors rooting for Angry PEPE Fork after utilities announced
One expert crypto analyst expects the market direction to shift by the end of September. Investing in emerging coins is the best way to bank the coming bull market. One coin that has taken place in many whale portfolios is the Angry PEPE Fork (APORK).
APORK is seeing high demand because it is the first memecoin with real-world utility. Within one week of launch, this Solana-based memecoin has attracted over 5,500 plus holders.
Meanwhile, major coins like SUI, Cronos (CRO), and Avalanche (AVAX) are trying to break out but still haven’t crossed the major resistance. APORK, on the other hand, is ready to enter the next stage of the presale.
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SUI rejects from the psychological level
With the recovery in the broader market, SUI has also shown some movement. After bottoming out on 2 September, the SUI price increased by more than 40%, reaching a high of $1.07. However, sellers took control from the $1 level, as the SUI price decreased by around 6% from the high.
Another important point about SUI’s price action is that the price is trading near the 200-day moving average, a major resistance zone, and also where selling pressure can build.
Cronos breakout of the descending trendline
After great momentum in early 2024, Cronos has again declined to the same support level. After making a 52-week high in March this year, Cronos has been in a downtrend for more than six months. Cronos’s price is following a descending trendline from August, from which it has been rejected twice.
But on Friday, it finally broke out of the descending trendline with above-average volume. The next two resistances for Cronos price are $0.085 and $0.092, the break point that can cause a new rally in Cronos.
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Avalanche still trading in descending channel
Avalanche is a blue-chip cryptocurrency currently positioned at #12th with a market cap of $12 billion. Recently, after the recovery, Avalanche has risen above the 50-day moving average but is still trading inside the descending channel.
The price has followed this channel since April this year, taking support from the lower trendline while rejecting the upper trendline. For a fresh rally in Avalanche, bulls have to break above this trendline with huge participation, clearing the nearby resistances.
Investors rooting for Angry PEPE Fork after utilities announced
Angry Pepe Fork is a smart memecoin, making its position at the top due to its unique utility, getting investors even more excited than other leading memecoins. People can earn through its staking reward system, which allows them to stake tokens during the presale and earn high APY rewards in the weeks ahead. Additionally, the conquer-to-earn model of Angry Pepe Fork rewards users who actively participate in community events.
Active users can also earn badges to boost their status within the APORK ecosystem. APORK has already gained recognition as a leading memecoin, and it was named the best memecoin in September due to its model. The Angry Pepe Fork token is in its first presale round and is currently valued at $0.025.
There have been positive technical developments in SUI, Cronos, and Avalanche, which could spark more rallies for those tokens. However, Angry Pepe Fork offers even greater potential due to its unique staking model and low entry price.
To learn more about the Angry Pepe Fork presale, visit the official website, and its Telegram and Twitter.
Read more: Bonk surges with massive jump as Avalaunch, Angry Pepe Fork ride the wave
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