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The Pepe Unchained price pumped over 6% in the last 24 hours to trade at $0.01271 as of 5:41 a.m. EST as investors start to accumulate the meme coin.
The jump in the PEPU price comes even as the majority of the market undergoes a retracement.
Pepe Unchained Price Attempting A Challenge At Resistance
4-hour chart for PEPU/USD (Source: GeckoTerminal)
The Pepe Unchained price is attempting to overcome the resistance level at $0.01284, GeckoTerminal data shows. Should the frog-themed token break above this technical barrier within the next 8 hours, traders might start to enter into long positions for the meme coin. This potential buy pressure could then lead to PEPU rising to as high as $0.01575 in the short term.
However, a rejection from the $0.01284 resistance might prevent the bullish move from happening. Failure to clear the $0.01284 mark could lead to a wave of panic selling and a subsequent test of the immediate support level at $0.01035. Continued sell pressure should the crypto fall to this point might even result in a plunge to the next support at $0.00869.
Technicals Suggest The Pepe Unchained Price Might Keep Climbing
From a technical point of view, it seems a bullish scenario is more likely to play out in the next few hours. Indicators, such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) on the 4-hour chart point to a continued increase in the Pepe Unchained price.
In the last couple of hours, the RSI has started to climb. This might be seen as a sign of growing buyer strength. With the positive slope of the RSI line, it seems buyers could soon take full control of the Pepe Unchained price. A confirmation that bulls have the upper hand against bears might be when the RSI crosses above the neutral 50 mark.
Meanwhile, a major bullish technical flag was triggered by the MACD on the 4-hour chart after the MACD line crossed above the MACD Signal line in the last couple of hours. This specific technical development is often interpreted as an indication that an asset has entered a positive trend.
If the bullish signs shown by the MACD and RSI on the 4-hour chart influence traders’ decision making in the coming few hours, the Pepe Unchained price might soon flip the $0.01284 resistance into support.
Pepe Unchained is not the only frog-themed coin investors are buying into, as the presale for a new PEPE derivative called MIND of Pepe (MIND) charges toward $6 million.
The investor frenzy around the meme coin comes as 99Bitcoins, a popular crypto YouTube channel with over 721K subscribers, says MIND has the potential to soar 20X on launch.
The First AI Token To Leverage A Major Meme Coin Brand
Pepe the Frog has been the inspiration for many tokens in the crypto space. Several cryptos, such as Pepe Unchained and Wall Street Pepe (WEPE), have gone on to raise millions of dollars through their respective presales due to their link to the popular frog brand.
MIND of Pepe now seeks to continue this trend and be the next frog-themed crypto to take off. To achieve this, the project positions itself as the first AI derivative of PEPE.
Central to the project is a sophisticated AI model. This intelligent agent plugs into social platforms such as X with the sole purpose to identify emerging trends in the crypto space. Once the AI agent has identified a developing trend that could lead to profitable trade opportunities, it shares its insights with the MIND of Pepe community through token-gated channels.
In addition to identifying developing trends in the Web3 space, MIND of Pepe’s AI agent can also shape the narrative by engaging with influencers and other members of the crypto community online.
To gain access to the AI’s insights, investors will need to buy MIND tokens. Currently selling for $0.0032662, MIND can be bought through the simple widget embedded on the project’s website using either ETH, USDT, BNB or bank card.
MIND Of Pepe Raises Over $5.2 Million In Presale
Investors are already betting big on MIND’s future, which is evident by the more than $5.2 million the crypto has raised during its ongoing presale so far.
A potential reason behind this heightened interest, other than the project’s appeal to both AI agent crypto and meme coin investors, could be the competitive 435% annual percentage yield (APY) on offer to anyone who buys and stakes MIND at this early stage.
Buy MIND here before its price increases in less than 13 hours.
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