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The Pepe price rose 3% in the last 24 hours and 22% in the last week to trade at $0.00000858 as of 00:15 a.m. EST on trading volume that plunged 20% to $721 million.
This comes as Pepe has been up 34% since the launch of PEPE perpetual features on Coinbase on April 18. The PEPE surge coincides with the entire meme coin market surge, as PEPE surpassed Dogwifhat (WIF) again to trade as the third meme token in market capitalization.
Pepe Price To Sustain Its Rally Above The Bullish Pennant
The Pepe price has been on a steady rise since mid-April, registering highs and lows that range between $0.0000070 and $0.0000060. In May, PEPE surged to the resistance level around $0.0000090, with bulls aiming to propel the price back to its previous all-time high (ATH) of $0.00001064.
However, the bears are keeping the price fluctuations below the $0.0000090 level, trading within the bullish pennant pattern.
PEPE is trading above both the 50-day and 200-day Simple Moving Averages (SMAs) on the 45-minute chart, confirming the bullish potential to the upside.
Moreover, the Relative Strength Index (RSI) is also trading above the 50-midline level, currently at 51, showing that PEPE is in equilibrium as the bulls aim for a breakout towards the upper boundary of the bullish pennant pattern.
Pepe Price Prediction – Bulls Aim For A New ATH
The Pepe price analysis on the 45-minute chart shows that PEPE is currently on a strong bullish trend, with the bulls aiming to push the price over the bullish pennant, to hit a new ATH above $0.000015.
The RSI trades in equilibrium, which is an indication that the price may break out on any side. However, the 50-day SMA crosses above the 200-day SMA, forming a golden cross at $0.0000079, which shows a bullish bias.
Conversely, the bears could also initiate a retrace, which could push the price further down to the next support zone at $0.0000076, which coincides with the 200-day SMA.
Meanwhile, as the Pepe price soars, other investors are also buying Dogeverse, a meme coin that is set to emulate and surpass the success of other dog-themed tokens like Dogecoins and Shiba Inu.
Dogeverse Presale Smashes Past $13 Million – Last Chance To Buy Before Launch
Dogeverse (DOGEVERSE), the world’s first chain-traveling Doge, continues to make waves as a presale gem in the crypto space, after successfully amassing over $13 million. The project is now offering investors a last chance to buy as it gears up toward its launch.
Dogeverse allows users to buy and trade on various blockchains, spanning Ethereum, Binance Smart Chain, Polygon, Avalanche, Coinbase, and Solana.
🌐 Embracing Inclusive Accessibility! 🚀
$DOGEVERSE opens its doors to a wide audience, from #Ethereum aficionados to those preferring the rapid, cost-effective benefits of #Solana or #Polygon, fostering a diverse and inclusive community. 🐕🌟 pic.twitter.com/sXPOvaoz67
— DogeVerse (@The_DogeVerse) April 12, 2024
The project’s mascot, Cosmo the Doge, has the ability to hyperjump between crypto networks, which gives Dogeverse the ability to move across chains, which makes the token widely accessible within the crypto realm.
Users can also earn passively through the platform’s staking system, with an impressive 77% annual percentage yield (APY).
According to Jacob Bury, a prominent crypto YouTuber, Dogeverse has the potential to surge 100X.
You can participate in the presale by buying $DOGEVERSE for $0.000305 per token. Buy soon, though, before the team launches the token on major exchanges.
Buy $DOGEVERSE on the official website here using ETH, USDT, or a bank card.
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