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The Billy price has surged 50% in the last 24 hours to trade at $0.1783 as of 7:25 a.m. EST on a 29% pump in trading volume to $37 million.
The pump made BILLY the top gainer among the biggest 100 meme coins by market capitalization, according to CoinGecko.
Billy Price Trending Gradually Within The Rising Channel
The Billy price is trending downwards, with the bulls trying to break out above the bullish pennant. However, they’ve encountered resistance at $0.1873, causing the bears to push the price down within the pennant.
Despite this, the bulls have regained momentum on the $0.09726 support zone, signalling a rebound off the pennant’s lower trendline, breaking above the bullish pennant, reclaiming the previous high at $0.1873, recovering their profits.
BILLYUSDT Analysis (Source: Dextools.io)
The Billy price market is showing signs of accumulation, suggesting that bullish investors are gearing up to push the price to new highs. If BILLY can close above the bullish channel in a candlestick, it would create a strong technical base, potentially triggering a bull rally.
This situation is prompting traders to consider opening long positions, anticipating BILLY’s entry into a new phase of upward price discovery. Technical analysis indicates that bullish momentum is building, as both the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) show promising trends.
The recent MACD blue line crossing above the orange signal line, while in a neutral position, is seen as bullish, signalling a potential reversal to an upward trend. The green histogram bars further indicate robust buying pressure for BILLY.
RSI remains bullish above the midpoint level of 50, with its upward trajectory suggesting favorable conditions without entering overbought territory. This supports a positive outlook for BILLY’s price.
Although the price faces resistance below the 50-day simple moving average, it is trading above the 200-day SMA, potentially enabling bullish forces to drive the price higher once more.
Billy Price Prediction
The bullish momentum behind Billy’s price suggests a potential upward drive supported by positive technical indicators. There’s optimism for a new all-time high around $0.2223.
However, bearish pressure could lead to a retest of the pennant’s upper trendline at $0.1136. A break below this level might extend the downtrend, targeting the $0.09690 support zone as bears aim to exert more control over the price.
Pepe Unchained (PEPU) Blasts Past $3.6 Million
Investors looking to diversify their portfolios via coins with a similarly bullish outlook to BILLY might want to consider Pepe Unchained ($PEPU), a new presale that has already secured an impressive $3.6 million in funding.
Another chain broken!
Pepe officially hits $3M! Thank you for the incredible support. The journey is just beginning. 🐸🚀 pic.twitter.com/yySoWoXaCa
— Pepe Unchained (@pepe_unchained) July 10, 2024
Pepe Unchained strives to mirror the success of its forerunner, PEPE, which has delivered impressive returns for early backers and currently holds the position of the third-largest meme coin by market capitalization.
But Pepe Unchained sets Pepe free from its previous, outdated Layer-1 server infrastructure by running on its own Ethereum Layer 2 blockchain.
This new chain boasts significant advantages, including exceptional speed, scalability, and considerably lower transaction fees, making its transactions up to 100 times faster than those of most other Ethereum-based meme coins.
Pepe's taking blockchain to new heights!
SpiderPepe hanging from the ceiling and ready to drop something big 🕸️🐸 pic.twitter.com/yKAWZKkeTN
— Pepe Unchained (@pepe_unchained) July 11, 2024
Investors can stake PEPU tokens for a 519% Annual Percentage Yield.
Pepu has attracted the attention of analysts including Crypto YouTuber Jacob Bury, who says that Pepe Unchained could be the next 10x PEPE derivative.
You can buy PEPU directly through the project’s official website for $0.0084261. However, to lock in that price you must hurry because the price will increase in less than 9 hours.
BUY PEPU here using ETH, USDT, BNB, or a bank card.
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