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PEPE coin, an Ethereum-based memecoin project launched in April 2023, has gained significant attention from crypto enthusiasts.
It achieved remarkable success during its presale stage and has been compared to the popularity of Dogecoin in recent years. The market performance of PEPE on centralized exchanges (CEX) since its launch may provide insights into its potential to outperform Dogecoin.
However, different versions of PEPE have come up since PEPE hit its peak. But which Pepe coin could hit 100X this summer?
PEPE Might Rebound in the Consolidation
The price of the original PEPE faced resistance at $0.000004506, which sent it into a downturn, reaching the bottom support level of $0.0000008471. However, the bulls came in strong and drove the prices up, creating new levels within the falling range.
PEPE is trading within a consolidation phase between $0.0000014192 and $0.000001882 at press time. However, due to the prolonged consolidation, PEPE might surpass its current resistance of $0.000001882, meeting the next target at $0.000002778. PEPE might 100x its price in the few months to come.
Additionally, the price of PEPE is trading above the 200 moving average and slightly below the 50-day moving average. The rebound at the lower level of the consolidation phase could see the price trade above the moving averages. The relative strength index also indicates a likely rebound, though it’s trading below the neutral 50 level mark at
PEPE 2.0 Rebounds on Support Level
Pepe 2.0 (PEPE2.0) has been trending on dextools after a clear bullish move that saw the memecoin surge highly. According to the chart above, PEPE2.0 has surged to another resistance level, creating a higher high above the previous high created at $0.0000002287.
The price experienced a retracement that saw it hit the previous resistance level. However, the bulls swooped in quickly, pushing the price up again. If the bulls sustain their momentum, we should expect the price to double from the current support level of $0.00000013342.
Additionally, the 50-moving average supports this rebound, as it has been trading below the price after crossing $0.0000003118. The relative strength index (14) trades slightly below its neutral position of 50, indicating a rebound might soon be inevitable.
PEPEGOLD
Another version of the Pepe coin that cropped up is PEPEGOLD. At the time of writing, PEPEGOLD price has been on a sharp downturn since hitting its resistance of $0.001624. However, the price has gradually risen from the bottom support level at $0.00000861. The double top pattern, which indicates a fall in price, has forced the price down, creating a lower low that has now seen the bulls take up their position, as indicated by the rising green candle.
At press time, PEPEGold is trading above the 9 and 21 moving averages, which currently support the price. If the bulls continue to push, the price might hit its current resistance level. The relative strength index also supports this move as it trades at 64, above the neutral position of 50. On the flip side, the price might take a downturn to $0.000006904 if the resistance level holds.
As traders await better entry levels for PEPE, Launchpad XYZ is catching the attention of investors with its presale price, promising huge returns on investment. Is this the next PEPE?
Launchpad XYZ ($LPX), an Exciting Alternative for Pepe Coin
Launchpad XYZ is a platform designed to empower users to discover tokens that offer significant growth opportunities. With its robust range of data and tools, users can effectively identify promising projects at an early stage and gain access to carefully selected cryptocurrency presales, often leading to substantial profits.
The platform actively supports users in navigating the complex Web3 and cryptocurrency landscape as a comprehensive and integrated solution, maximizing their success chances. Additionally, users can earn presale tokens by staking the native LPX token, further incentivizing active user participation.
Launchpad XYZ has expanded its scope beyond crypto tokens and now includes dedicated hubs for crypto games, non-fungible tokens (NFTs), and the metaverse. These hubs provide users with convenient access and comparison tools to explore these areas within the Web3 ecosystem. The Launchpad Quotient feature assists users in identifying promising assets within this expanding landscape.
To enhance the trading experience, staking LPX tokens on the platform can lead to reduced fees. This incentivizes LPX token holders to stake their tokens, allowing them to enjoy lower trading costs and further engage with the platform.
$LPX Successful $1.12 Million Presale Funding
In a significant achievement, Launchpad XYZ has successfully raised $1.12 million during its ongoing presale funding rounds, showcasing strong investor interest in the project. Launchpad XYZ has emerged as a promising player in the market, with notable milestones already accomplished.
The project aims to revolutionize the industry by providing AI-driven solutions to the trading community.
At the moment, the value of the LPX token stands at $0.0445. Investors looking to acquire LPX tokens should consider taking advantage of the current favorable entry point before it reaches $0.046, which is expected once the presale raises $1,550,000.
Interested investors can visit the token website to connect their wallets and swap their ETH, MATIC, or USDT for LPX tokens or purchase tokens directly from the bank using a card.
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