Join Our Telegram channel to stay up to date on breaking news coverage
The Pepe price has gone parabolic, surging 46% in the last 24 hours to trade at $0.00001864 as of 10 a.m. EST on a 26% pump in trading volume to $10.7 billion.
The PEPE price surge was fuelled by news that it was being added to the roadmap for listings on leading US crypto exchange Coinbase.
Assets added to the roadmap today: Pepe (PEPE)https://t.co/rRB9d3iqgA
— Coinbase Assets (@CoinbaseAssets) November 13, 2024
Coinbase announced PEPE’s listing just an hour after Robinhood revealed it would also list the popular meme coin.
Robinhood also relisted several prominent cryptocurrencies including Solana (SOL), Cardano (ADA), and Ripple (XRP).
Good morning. I’d just say morning, but we offer $SOL, $PEPE, $XRP, and $ADA now.
— Robinhood (@RobinhoodApp) November 13, 2024
Pepe Price Breaks Out of Consolidation Zone In Sharp Bullish Candles
PEPE/USD has recently experienced a strong bullish rally, trading around $0.00001870 after a significant upward move. This surge marks a breakout from the previous bearish channel that confined price action for several months.
The orange support zone marks an important level where PEPE/USD previously found strong buying interest. This support range, between $0.0000058 and $0.0000065, helped the price rebound, fueling the recent bullish momentum. This level remains essential for bulls to defend in case of any pullback.
PEPEUSD Analysis Source: Dextools.io
The 50-day moving average (green line) is at $0.00001103, and the 200-day moving average (blue line) is at $0.00001005, trading well below the price, indicating a bullish trend. The 50-day moving average, in particular, acts as dynamic support, while the 200-day moving average suggests longer-term support and reinforces the current bullish sentiment.
Pepe Price Technicals Signal More Uptrend
The MACD (Moving Average Convergence Divergence) indicator shows a bullish outlook, with the MACD line (blue) crossing above the signal line (orange) and diverging upward. Expanding histogram bars indicate growing bullish momentum, further supporting the current rally.
Meanwhile, the Relative Strength Index (RSI) is at 85.28, placing it in overbought territory. This high RSI reading reflects strong buying pressure for the Pepe price, though it may also signal that a short-term pullback or consolidation could occur before the next upward movement.
Given the current breakout and strong bullish momentum, the next potential target could be $0.000020 or higher, as indicated by the blue arrow on the chart.
However, the overbought RSI suggests caution, as some profit-taking or a brief consolidation may be expected.
Pepe Unchained Presale Enters Final Stage – Only 30 Days Left
The buzz around the Pepe price is more than matched by that around what is emerging as its biggest rival, Pepe Unchained (PEPU). It has today crashed past $28 million in funds raised in what is one of the biggest presales ever.
It’s already added another $300k in just the last few hours since hitting the $28 million milestone, and it’s now raised an incredible $3 million in the last six days, prompting a FOMO buying frenzy that shows no signs of weakening.
Indeed, whale investors are moving in, with one plunking down more than $300k for PEPU tokens. Among other recent purchases were one for 4.6 million PEPE tokens worth about $63,000 at the weekend.
That came shortly after another whale purchased 6 million tokens for $77,000 last week.
Analyst and YouTuber Austin Hilton, with 276,000 subscribers, predicts that PEPU will be huge when it launches.
Pepe Unchained sees itself as a massive upgrade on the original PEPE meme coin, which operates on the old, clunky Ethereum blockchain.
That’s why it’s designed to operate on its own Layer 2 network, offering lightning fast speeds, lower costs, and better scalability.
But Pepe Unchained is more than just a meme coin and is building its own ecosystem. It has recently unveiled Pepe’s Pump Pad, a meme coin launchpad to compete with Solana’s Pump.fun.
It’s also launched a grant program to attract developers of decentralized apps to its network, potentially boosting its overall value.
It also has its own decentralized exchange (DEX), a block explorer, and a bridging system for blockchain interoperability.
On top of all that, token holders can earn a huge 88% annual yield by staking PEPE tokens.
Final Call: Buy PEPU Before Top Tier Exchange Debuts
The listing of Pepe on Coinbase shows what could like ahead for PEPU. Indeed, when Pepe listed on Binance in May, the price skyrocketed to its all-time high of $0.00001718.
Meme coins like PNUT and ACT have also recently gone parabolic after listings on Binance, the world’s biggest crypto exchange.
Investors looking to get in on the ground floor of a meme coin with the potential to replicate such performance can buy PEPU tokens now for just $0.01279 each. They can be bought with ETH, USDT, BNB, or a bank card.
Buy PEPU tokens on the official website here before it’s too late.
Related Articles
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Soon
Join Our Telegram channel to stay up to date on breaking news coverage
Credit: Source link
