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The Reploy price soared 1,639% in the past 24 hours to trade at $1.2129 as of 01:34 a.m. EST on trading volume that surged to $8.51 million.
RAI is based on Reploy AI, a crypto project that promises to transform how people build, deploy, and manage smart contracts in Web3 and comes as the first AI project on the Ethereum ecosystem.
Reploy Price Could Still Soar
The Reploy price chart analysis on the 5-minute timeframe shows a significant upward price movement, followed by a period of consolidation. The price of Reploy surged from sub-$0.50 levels to over $1.60 in a strong parabolic rally, driven by increased trading volume. This sharp rally indicates heightened buying pressure.
Currently, the RAI price is consolidating within an ascending triangle pattern, a bullish continuation pattern. The horizontal resistance level is around $1.60, with higher lows forming along the ascending trendline. This pattern suggests that buyers are steadily gaining control, and a breakout above the $1.60 resistance is likely to trigger another leg upward.
The Relative Strength Index (RSI) stands at 56.34, which is in the neutral-bullish zone. After briefly entering the overbought zone (above 70) during the rally, the RSI has cooled down, allowing room for another potential upward move without indicating overbought conditions.
The ascending triangle formation suggests that the Reploy price is likely to break out to the upside if the $1.60 resistance level is breached. The measured move from the triangle’s base (approximately $0.50 to $1.60) projects a potential price target of around $2.20.
However, if the breakout does not occur, the RAI price could retrace to test support levels around $1.10 (trendline support) or further down near $1.00 in case of a deeper pullback.
Meanwhile, investors are piling into a new frog-themed Pepe derivative called Wall Street Pepe (WEPE), which crypto influencer ClayBro, with over 134k subscribers, predicts will soar 100X after launch.
Wall Street Pepe Presale Amasses Over $35 Million—Next Crypto To Explode?
The Wall Street Pepe presale is making records even during the crypto market slump, raking in over $35 million since launch about three weeks ago and showing no signs of slowing down.
WEPE has a clear mission: To help retail traders disrupt the crypto ocean and take down the whales trading in secretive inside groups. These traders aren’t the “small fish” anymore; they’ve got the power to move the market in their favor.
Holders of $WEPE gain access to an exclusive vault of insider trading strategies, alpha calls, and market insights.
Out here making history. Feeling bullish. 🐸 ⚔️ pic.twitter.com/LlI8KkWfL7
— Wall Street Pepe (@WEPEToken) December 15, 2024
By holding the $WEPE token, investors can also earn a 37% annual percentage yield (APY), providing a lucrative passive income stream.
Investors can buy $WEPE Token from the official website for $0.0003654 using ETH, USDT, or a bank card.
If you would like to join, buy before a price hike in less than 4 hours.
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Newest Meme Coin ICO - Wall Street Pepe
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