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The Pepe price surged 8% in the last 24 hours to trade at $0.00001261 as of 9:36 p.m. EST as traders go long on the crypto.
The recent increase in the PEPE price has propelled the meme coin’s monthly performance to above 54%.
Pepe Price Fights With A Major Resistance
Daily chart for PEPE/USD (Source: GeckoTerminal)
The Pepe price is hovering around the resistance at $0.00001200 as it tries to flip the level into support, according to data from GeckoTerminal. Should the meme coin establish a position above this price point, traders might continue to push PEPE up. This could lead to the crypto rising above the $0.00001431 barrier and possibly rising to as high as $0.00001677.
On the other hand, bears forcing the Pepe price below $0.00001200 could result in the meme coin testing the next key support level at $0.00000985 in the short term.
Bulls Might Push The Pepe Price Higher As Daily Technicals Start To Turn Positive
From a technical point of view, indicators on the daily chart are showing early bullish signs that the Pepe price might continue to rise in the next few days. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) suggest bulls are trying to take over the meme coin’s charts to drive the crypto’s price higher.
Over the last couple of days, the MACD line has started to rise towards the MACD Signal line. While the current alignment of the two lines, with the MACD below the Signal line, is bearish, the shrinking gap between them could be seen as a sign of an upcoming bullish trend reversal as PEPE’s momentum turns more positive.
Buyers have slowly started growing stronger against sellers as well, as suggested by the RSI readings that have risen in the last few days. This has resulted in the RSI breaking above 50, which gives buyers a slight upper hand over sellers in terms of strength. What’s more, the upward slope of the RSI line suggests bulls are still accumulating strength.
If the bullish flags presented by the MACD and RSI on the daily chart influence traders’ decision making, the Pepe price could soon end up breaking above the aforementioned $0.00001431 barrier.
As the Pepe price tries to keep climbing, investors rush to buy a new meme coin rival called MIND of Pepe (MIND) before its highly-anticipated launch in around 10 hours. According to the popular YouTube channel 99Bitcoins, which has over 723K subscribers, the crypto has the potential to soar 10X after its launch.
MIND Blends AI Utility And Meme Appeal Into One Token – Best Crypto To Buy Now?
MIND of Pepe is unlike the meme coins that came before it, because it comes with high levels of utility given its sophisticated AI agent.
The intelligent computer model, which went live in May, is built to find and flag the next opportunity in the crypto market. With its direct feeds into social platforms and various DeFi protocols, the AI agent provides users with a real-time snapshot of social sentiment and on-chain activity, enabling traders and investors to make more informed decisions.
If the AI agent spots a change in trend, it immediately shares its finding with MIND investors through token-gated groups, allowing them to capitalize on the potential opportunity sooner than the rest of the market.
That’s not the only way the AI agent helps MIND holders make gains in the crypto market. It also launches its own cryptos that align with each new trend it identifies. The AI agent then promotes them online, trades them, and reinvests any profits back into MIND, all autonomously. With each new crypto launch, the AI agent also gives MIND holders the chance to buy in early.
To complement the AI agent, MIND of Pepe will soon launch the MIND Terminal as well. This will provide traders and investors with a user interface that will let them tap into the AI agent’s insights a lot faster.
MIND Offers Investors Last Chance To Buy Before Launch
MIND of Pepe’s presale has drawn investors in, and has raised over $12.4 million so far. With just hours left until the token’s launch, time is running out for interested buyers to acquire MIND at its listing price.
Anyone that wants to get in at this ground level can do so by purchasing MIND for $0.0037515 through the simple widget embedded on the project’s website using either ETH, USDT, BNB, USDC or bank card.
Interested investors will want to hurry, because the project will launch in around 10 hours.
Visit the MIND of Pepe website.
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