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The OG Fan Token price has surged 9% in the last 24 hours to trade at $8.34 as of 3:15 a.m. EST on a 24% drop in trading volume to $202 million.
OG Fan Token Price: More Upside Potential
The OG Fan Token price in a 4-hour timeframe reveals the token is trading around $8.2758, showing a minor decline of 1.85%. A clear support level is identified at approximately $7.50, where the price previously bounced, suggesting a strong foundation for potential upward movement.
The chart highlights more upside potential, indicated by upward arrows suggesting that the bullish trend may continue after the recent pullback.
The moving averages (MA) also support this outlook. The 50-period (SMA) is at $5.3275, and the 200-period SMA is at $3.5824. Since the price is well above both MAs, it reinforces the overall bullish trend, as these MAs often serve as support in upward markets.
OGUSD Analysis Source: Tradingview
The Relative Strength Index (RSI) currently stands at 59.92, which places the market in a neutral to slightly bullish phase. The RSI is not overbought (above 70) or oversold (below 30), indicating that there is still room for additional upward movement without hitting extreme levels.
Although the chart lacks explicit volume data, the sharp price surge seen in early October, when the token spiked above $14, suggests high trading activity during that period. The consolidation at the current price level could imply that the token is gathering momentum for another rally.
Generally, there is a bullish outlook for OG Fan Token, with the support level at $7.50 acting as a critical point to watch. As long as the price stays above this level, the potential for further upside remains strong, with the possibility of challenging the $14 resistance again if the upward momentum continues.
Pepe Unchained Surges Towards $19 Million In Presale
As the OG Fan Token price strives to maintain its bullish momentum, layer-2 meme coin competitor Pepe Unchained (PEPU) has blasted past $18.4 million in funds raised.
Whales have been active buyers recently, with a single $50K buy and two other significant orders that saw purchases of $16K and $15K worth of PEPU.
Popular YouTuber Austin Hilton, with over 275K subscribers, said in a recent video that he’s doubled down on PEPU with another $10K investment.
Pepe Unchained (PEPU) is the first PEPE derivative to come with its own proprietary blockchain, and its goal is to ”unchain” the OG PEPE from its old, clunky blockchain.
Pepe’s development has been hampered by slow transactions, high fees and poor scalability, things that PEPU’s high-speed, lower-cost, scalable layer-2 network is designed to fix.
Beyond its transaction capabilities, Pepe Unchained will also welcome decentralized applications (dApps) into its ecosystem, supported by a developer grant program.
This added functionality has crypto analysts bullish on PEPU’s long-term potential.
The frog with the golden brain gearing up for L2 launch.
Join our official telegram to hang with the community!https://t.co/ahmb9L28KX pic.twitter.com/8hJQ7IuvJh
— Pepe Unchained (@pepe_unchained) October 5, 2024
Those who buy and stake PEPU early can also benefit from a 118% annual percentage yield (APY).
Currently, PEPU is priced at $0.00995, and investors can buy tokens using ETH, USDT, BNB, or a bank card. The price will increase in less than 24 hours, so potential investors should buy soon for the best deal.
Buy PEPU on the official website here.
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