PepeCoin Price Prediction: PEPECOIN Skyrockets 29% As This New PEPE Derivative Presale Races Past $6.7M In Just Over 1 Week

The PepeCoin worth surged over 29% within the final 24 hours to commerce at $4.45 as of 6:23 a.m. EST as traders FOMO purchase into the meme coin.

With this current surge, the PEPECOIN worth was in a position to erase its weekly losses and push its efficiency within the final 7 days again into the inexperienced.

PepeCoin Value Overcomes A Main Resistance

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

The PepeCoin worth managed to interrupt above the resistance degree at $3.9682, which is a mark the meme coin dropped beneath on Dec. 7 and continued to commerce beneath up till now. Ought to the crypto shut a 4-hour candle above this worth level inside the subsequent 8 hours, it may have the technical basis wanted to maintain rising.

Merchants may then attempt to push the PepeCoin worth to above the following resistance degree at $4.2091. In a particularly bullish case, PEPECOIN may even rise to as excessive as $4.4499 within the brief time period.

Alternatively, the PepeCoin worth failing to shut a 4-hour candle greater than $3.9682 inside the subsequent 8 hours may invalidate the bullish thesis. Merchants may find yourself realizing their income from the meme coin’s current rally on this different situation. 

This potential promote stress may result in the PepeCoin worth falling to the $3.7274 help degree, which is confluent with the decrease boundary of an ascending worth channel that has emerged on PEPECOIN’s 4-hour chart. Falling beneath this degree may then consequence within the meme coin dropping to $3.4761 within the following 24 hours.

Bulls Nonetheless Appear To Be In Full Management Of The PepeCoin Value

From a technical perspective, bulls nonetheless appear to be properly accountable for the PepeCoin worth on the 4-hour chart. Each the Relative Energy Index (RSI) and Shifting Common Convergence Divergence (MACD) level to a continued improve within the meme coin’s worth by way of the course of the following buying and selling day.

RSI readings have surged to above 70 in the previous few hours, signaling numerous bullish power. Though a excessive RSI studying is usually seen as a promote sign and signifies an asset is overbought, it isn’t uncommon for the indicator’s readings to stay this excessive for sustained durations of time throughout a pump. The optimistic slope of the RSI line suggests this can be the case now.

A serious bullish technical flag was additionally triggered by the MACD indicator on the 4-hour chart within the final 24 hours, with the MACD line crossing above the MACD Sign line throughout this era. Because the two traces intersected, the hole between them has began to develop. This might point out that PEPECOIN’s bullish momentum exhibits no indicators of slowing down simply but.

PEPECOIN has sturdy momentum behind it and the identical may be mentioned for the Wall Avenue Pepe (WEPE) presale, which has raised greater than $2 million in simply the previous day.

A New PEPE On The Block Trying To Empower Merchants

Wall Avenue Pepe (WEPE) is a brand new Pepe spinoff that’s seeking to climb the crypto ranks and make a reputation for itself within the booming meme coin house.

To perform this, the venture is constructing a WEPE Military of like-minded degen merchants to tackle crypto whales, who’ve dominated the crypto buying and selling scene up till now.

By becoming a member of the rapidly-growing WEPE Military, traders and merchants will achieve entry to unique market insights and alpha alerts that may allow them to commerce like a professional. Anybody that wishes to develop into a member wants to easily purchase WEPE tokens. 

Traders will need to add WEPE tokens to their portfolios, as a result of many crypto specialists have stepped ahead to share their bullish predictions for the brand new PEPE spinoff.

Amongst them is YouTuber ClayBro, who advised his over 133K subscribers that WEPE may mint the following wave of crypto millionaires.

Traders gained’t even have to attend for a possible surge in WEPE’s worth to start out seeing beneficial properties as a result of there may be a gorgeous staking alternative presently on provide. Anybody who buys and stakes WEPE now will unlock a 94% APY.

Traders Guess Massive On WEPE’s Future

Wall Avenue Pepe is pulling traders in at a speedy tempo by way of its ongoing presale, with greater than $6.7 million raised inside simply over every week after it went dwell. Given its meme coin attraction and the bullish predictions by specialists, it’s straightforward to see why a shopping for frenzy has erupted round WEPE.

Baggage packed. Pores and skin’s glowing. Vibes are immaculate. 🐸 ⚔️ pic.twitter.com/nsChKeY09o

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

Some traders are additionally calling WEPE the following Pepe Unchained (PEPU), which is a token that soared to a brand new all time excessive within the final 24 hours and managed to lift over $73 million by way of its ICO.

At the moment promoting for $0.000212, WEPE tokens may be purchased with each crypto and financial institution card.

Buy WEPE tokens right here.

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