Pepe Price Prediction: PEPE Plunges 12% As This New Meme Coin Rival Raises Over $3.5 Million In Presale

The Pepe value plunged over 12% within the final 24 hours to commerce at $0.00002331 as of 10:06 p.m. EST as traders offload their holdings within the meme coin in the marketplace.

Regardless of the steep correction, PEPE’s constructive weekly efficiency stays intact with a 13% pump.

Pepe Value Slips Beneath A Key Help

4-hour chart for PEPE/USD (Supply: GeckoTerminal)

The Pepe value not too long ago dipped beneath the important thing assist degree at $0.00002398 within the final couple of hours. Ought to the meme coin shut a 4-hour candle beneath this mark within the subsequent 12 hours, PEPE might stand the danger of plunging right down to the following mark at $0.00001953.

Then again, the Pepe value closing the subsequent 3 4-hour candles above $0.00002398 may convey an finish to PEPE’s value drop. On this various state of affairs, the meme coin might rebound and begin to rise towards the $0.00002864 resistance degree. A break above this barrier may then result in the meme coin climbing to as excessive as $0.00003309 within the quick time period.

Bears Would possibly Push The Pepe Value Even Decrease

From a technical perspective, indicators on PEPE’s 4-hour chart warn that the meme coin’s value might proceed to fall within the coming 24 hours. Relative Energy Index (RSI) readings have dropped to beneath the impartial 50 benchmark, which suggests sellers are at present stronger than consumers. The adverse slope of the RSI line warns bears might develop even stronger as effectively.

In the meantime, a serious bearish technical flag was triggered by the Transferring Common Convergence Divergence (MACD) indicator in the previous couple of hours. Throughout this era, the MACD line crossed beneath the MACD Sign line. This technical occasion is usually seen as a sign {that a} crypto has entered a adverse short-term pattern.

If these technical warning indicators affect merchants’ choice making by means of the course of the subsequent 24 hours, PEPE might find yourself plummeting to the aforementioned $0.00001953 assist.

As PEPE clings to a key assist degree, traders are flocking to purchase new meme coin rival Wall Avenue Pepe (WEPE) for potential parabolic good points.

Enabling Smaller Merchants To Commerce Like A Professional

Wall Avenue Pepe (WEPE) is a brand new meme coin mission that’s on a mission to empower small retail merchants and supply them the required instruments and insights to commerce like a professional. Up till now, the crypto charts have been dominated by whales who share their subsequent strikes in secret and difficult-to-join teams. 

With its quickly rising WEPE Military, Wall Avenue Pepe will function a significant supply of market data for retail merchants trying to elevate their recreation. By becoming a member of the group, merchants will unlock entry to unique market insights and all the future alpha calls.

Changing into a part of the WEPE Military is easy. All traders should do is buy the WEPE token. As soon as purchased, the WEPE token additionally offers holders the chance to develop their crypto portfolios passively with a 156% annual staking yield at present on supply to anybody who buys and locks up the meme coin now.

Along with the enticing staking alternative and an opportunity to affix the WEPE Military, a number of crypto consultants say the WEPE token has nice speculative potential as effectively. Amongst them is ClayBro, who instructed his over 133K subscribers that the meme coin might mint the subsequent crypto millionaires.

An Investor Frenzy Erupts Round WEPE’s Ongoing Presale

Wall Avenue Pepe has raised over $3.5 million by means of its ongoing presale thus far, signaling lots of investor confidence within the mission’s future. With its mission to tackle crypto whales and empower smaller merchants, in addition to its meme coin attraction and the bullish predictions by crypto consultants, it’s straightforward to see why traders are dashing to purchase WEPE.

Wepe military simply smashed by means of $3M. Huge inexperienced power. Larger inexperienced baggage. 🐸⚔️ pic.twitter.com/f4id36erfJ

— Wall Avenue Pepe (@WEPEToken) December 9, 2024

Anybody that desires to get in on the mission throughout its presale stage can achieve this utilizing the straightforward purchase widget embedded on the mission’s web site. Promoting for $0.000207, the WEPE token could be bought with each crypto or financial institution card. 

Buyers who need to purchase the meme coin at the very best fee throughout this early stage will need to act rapidly as a result of WEPE’s value is scheduled to extend as its ICO progresses. The following value adjustment will occur in simply over 3 days.

Buy WEPE right here earlier than its subsequent value enhance.

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