Arbitrum Price Prediction: ARB Pumps 7% As Pepe Unchained Presale Rockets Past $52 Million Amid Binance Listing Speculation

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Arbitrum Price
Arbitrum Price

Join Our Telegram channel to stay up to date on breaking news coverage

The Arbitrum price pumped 7% in the last 24 hours to trade at $0.9035 as of 11:53 p.m. EST on trading volume that skyrocketed 80% to $1.9 billion.

Arbitrum Price On A Sustained Rally

The Arbitrum price has been on a sustained rally in November, as the bulls capitalized on the $0.50 support to push the price through higher highs and higher lows, forming a rising channel pattern, according to data from GeckoTerminal.

As a result of the rising channel, the price of Arbitrum has now crossed over both the 50-day and 200-day Simple Moving Averages (SMAs), which cements the general bullish outlook.

The Relative Strength Index (RSI) is at 60.16, indicating that the asset is in a bullish zone but not overbought yet (overbought occurs above 70). The current RSI suggests the possibility of more upward movement, but traders should watch for overbought conditions as the price nears the upper range of the channel.

Meanwhile, the Moving Average Convergence Divergence (MACD) also shows that the price of Arbitrum is on a sustained rally, with the blue MACD line crossing above the orange line, forming a bullish crossover.

If the Arbitrum price keeps rising, the bulls could push the ARB to the immediate resistance at $0.925 (upper channel boundary). A break above could push the price toward the long-term target above $1.00.

Arbitrum Price Chart Analysis Source: GeckoTerminal
ARBUSD Chart Analysis Source: GeckoTerminal

Conversely, if the bears take charge of the price, ARB price could drop slightly to the $0.78 support zone, within the 50-day SMA.

Meanwhile, investors are going all-in on the Pepe Unchained ($PEPU) presale, which has hit an incredibly $52.6 million in funds raised.

According to 99Bitcoins, a leading crypto YouTube channel with more than 706k followers, Pepe Unchained ($PEPU) could be the next meme coin to deliver 100x returns.

Pepe Unchained Heads For $60 Million – Buy Now Before Tier-1 Exchange Listings

Pepe Unchained continues to gain traction as it approaches the last days of its presale. There are now only 17 days left to snap up the tokens before the shutter comes down on the biggest meme coin presale of the year.

This comes amid speculation that one of the most successful presales ever could be the next project to snare a coveted listing on Coinbase or Binance. 

As its name suggests, Pepe Unchained is designed to free, or ”unchain,” the OG PEPE from its clunky, inefficient home on Ethereum.

To do that, it comes with its own Layer 2 blockchain, which offers superior transaction speeds and significantly lower fees than the Ethereum blockchain that is home to $PEPE.

Pepe Unchained also offers investors a 63% annual return on staked PEPU tokens.

PEPU tokens are currently priced at $0.01295 each. Investors eager to join one of the most successful presales of the year should do so before the presale ends in 17 days.

Buy PEPU tokens on the official website here with ETH, USDT, or a credit card.

Related News

Most Searched Crypto Launch - Pepe Unchained

Rating

Pepe Unchained
  • Exchange Listings December 10
  • ICO Sold Out Early
  • Featured in Cointelegraph
  • Layer 2 Meme Coin Ecosystem
  • SolidProof & Coinsult Audited
Pepe Unchained

Join Our Telegram channel to stay up to date on breaking news coverage

Read next

Please enter Coingecko & CoinMarketcap Api Key to get this plugin works