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Act I: The AI Prophecy price has soared 235% in the last 24 hours to trade at $0.06844 as of 7:15 a.m EST, fueled by a 148% surge in trading volume to $73 Million.
Act I: The AI Prophecy Price May Continue The Uptrend
The ACT/USD trading pair in the 30-minute timeframe shows a clear bullish trend. The price is currently moving within a well-defined upward channel at $0.06706, having recently rebounded from the Support 2 level around $0.06.
This upward momentum suggests a continuation of the bullish trend, especially as the price stays within the channel. The next potential resistance is at $0.08, where the price might face a challenge if the upward momentum slows.
The chart also highlights two significant support levels: $0.06 (Support 2) and $0.04 (Support Level). Previous price actions have respected these levels, and a break below either could indicate a shift in the trend.
ACTUSD Analysis Siurce Dextools.io
The moving averages further support the bullish outlook, with the 50-period Simple Moving Average (SMA) at $0.04448 and the 200-period SMA at $0.02461, both well below the current price. This confirms that momentum has been strong over both short—and long-term periods.
Act I: The AI Prophecy Price Bullish Technicals Signal More Uptrend
The MACD indicator, on the other hand, shows positive momentum, with the MACD line above the signal line. though the histogram reveals some weakening of bullish strength, traders should be mindful of this, as it could signal a potential slowdown in the upward push.
Meanwhile, the Relative Strength Index (RSI) stands at 60.62, suggesting the market is not yet overbought but approaching higher levels. If the RSI continues to rise above 70, it may indicate an overbought condition, possibly leading to a price correction.
The general sentiment remains bullish, with strong support from technical indicators. However, caution is advised as the RSI nears overbought territory, which could signal a temporary pullback. The next key resistance to watch is $0.08, while the immediate support levels remain at $0.06.
Investors Flock To Pepe Unchained As Presale Passes $22M Milestone
As the Act I: The AI Prophecy price continues its upward momentum, so does funding for the Layer 2 meme coin Pepe Unchained (PEPU).
The project has already raised over $22.2 million in its presale, with whales becoming frequent buyers over the past month. The latest whale purchase came three days ago, when a major investor exchanged $53,563 worth of ETH for 4.6 million $PEPU tokens.
$22M!!!
Just wait until you see what's cooking 😉 pic.twitter.com/4Wuhy2bfyL
— Pepe Unchained (@pepe_unchained) October 23, 2024
Pepe Unchained is built on its own Layer 2 blockchain and offers faster and more cost-effective transactions for Pepe ownership, setting itself up as a serious competitor to the original Pepe ($PEPE).
With a mission to become the leading frog-themed meme coin, Pepe Unchained aims to break free from the limitations of its predecessor’s clunky Layer 1 network on Ethereum, delivering a more efficient and scalable solution for its community.
This new platform offers transactions that are up to 100 times faster than those on Ethereum and significantly lower gas fees.
This is how jacked we are for the L2
We know you are too 🐸 pic.twitter.com/T7yJ4RCA84
— Pepe Unchained (@pepe_unchained) October 22, 2024
What’s more, PEPU is fully compatible with Ethereum’s decentralized applications (dApps), allowing users to enjoy increased speed while still benefiting from the broader Ethereum ecosystem.
To support its growth, Pepe Unchained has launched a developer program called “Frens with Benefits” to invite developers to build on the Pepe Chain.
Holders of PEPU tokens can also stake them for a high annual return of 103%.
An analyst on YouTube channel 99Bitcoins, with over 706K subscribers, says PEPU has the potential to soar 100X after launch.
Currently priced at $0.01177, PEPU tokens can be bought with ETH, USDT, BNB, or even a bank card. The price will increase in slightly more than 1 day, so buy soon to get the best deal.
Buy PEPU tokens on the official website here.
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