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The Littlemanyu price soared 79% in the last 24 hours to trade at $0.03083 as of 7:14 a.m. EST on an 18% drop in trading volume to $24.2 million.
Littlemanyu Price Breaks Above The Cup And Handle Pattern
The Manyu/USD price pair in the 1-hour timeframe shows the formation of the “Cup and Handle” pattern, which traders look to for a bullish continuation signal. The neckline, which previously acted as resistance, has now become support, suggesting a potential bullish move.
The 50-period Simple Moving Average (SMA) is above the 200-period SMA, indicating a bullish trend. This setup, known as a “golden cross,” often signals further price appreciation. The price has moved upward following the handle’s breakout, a positive indicator for continued upward momentum.
MANYUUSD Analysis Source: Dextools.io
The Moving Average Convergence Divergence (MACD) indicator is positive, showing that buying momentum is present. However, there are some signs of divergence, which could indicate a potential slowdown in bullish momentum.
The Relative Strength Index (RSI) is currently at 59.69, which suggests that the asset is not yet overbought but is approaching higher levels. If the RSI continues to increase, it may signal that the asset could become overbought, leading to a possible pullback or consolidation phase.
The MANYU price shows a bullish outlook, forming a cup-and-handle pattern, a golden cross, and support from the moving averages. If the price holds above the support levels, it may continue its upward trend, targeting higher resistance levels.
However, traders should also be cautious of divergence signals and monitor the RSI for potential overbought conditions.
Pepe Unchained Closes On $17 Million
Meanwhile, investors are rushing to buy the Layer-2 Meme Coin Pepe Unchained (PEPU), which has raised more than $16.9 million in one of the year’s standout presales.
According to YouTuber and analyst ClayBro, boasting over 130K subscribers, PEPU could create a new generation of millionaires once it launches.
The idea behind Pepe Unchained is that it will free the OG PEPE from its old, clunky layer-1 blockchain. It’s able to do that because it will operate on its own layer-2 network, an upgrade that makes transactions up to 100 times faster and much cheaper.
Developers can also create decentralized apps (dApps) on the Pepe Unchained blockchain. That’s being supported by “Frens With Benefits,” a grant program to encourage innovation among developers.
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What we're building is not just a new chain, but an entire ecosystem.
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— Pepe Unchained (@pepe_unchained) September 26, 2024
PEPU also offers an annual yield of 127% for those who stake their tokens. PEPU tokens are currently priced at $0.0099 each and can be bought with ETH, USDT, BNB, or a bank card.
If you are interested, buy before a price increase in less than 18 hours.
Buy PEPU on the official website here.
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