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The Pepe Unchained price surged 45% in the last 24 hours to trade at $0.02260 as of 02:25 a.m. EST on trading volume that soared 108% to $41.15 million.
This follows the appearance of Pepe Unchained ($PEPU) on Binance’s new “Binance Alpha” feature, which highlights promising tokens that could be listed in the future, alongside names like CHILLGUY, AI16z, and POPCAT.
$PEPU’s presence in the “Markets” tab under Binance Alpha was taken as a bullish sign for the token’s prospects.
Pepe Unchained Price Is Bullish
After an initial surge to the $0.067 resistance, the price of Pepe Unchained has been on a downtrend, trading within the falling wedge pattern. PEPU recently touched the upper boundary of the wedge around the $0.0244 resistance, which shows that the price of Pepe Unchained could be gearing up towards a breakout, according to data from GeckoTerminal.
The Pepe Unchained price is currently trading above the 50-day Simple Moving Average (SMA) (at $0.01765), which is a short-term bullish signal. Previously, the price struggled below the SMA, but the current recovery suggests the bulls are attempting to regain control.
Meanwhile, the Relative Strength Index (RSI) is at 59.71, which is neutral-to-bullish territory. This level shows the price is not yet overbought, leaving room for additional upward movement. The RSI also exhibits a higher low, suggesting bullish divergence and growing momentum.
The MACD line has formed a bullish crossover above the signal line, with growing green histogram bars signaling rising momentum. However, the trend remains weak, requiring more price gains for confirmation.
Given the current technical setup, the PEPU/USD pair has a higher probability of a bullish breakout from the falling wedge pattern. If the price breaks above the descending resistance trendline (around $0.023), a potential rally could target $0.03 as the next key resistance.
If sellers push the PEPU price below the $0.01765 support, the falling wedge could play out as a bearish continuation, sending the price down to test $0.015 or lower.
As the Pepe Unchained price surges, investors are also buying up a new Pepe alternative called Wall Street Pepe (WEPE), which Cryptonews, a popular crypto YouTube channel with over 13K subscribers, says could be the next massive degen play.
Wall Street Pepe Raises Over $29.4 Million In Two Weeks
Wall Street Pepe is rapidly emerging as the most successful presale of the year as it hurtles toward $30 million raised in just a fortnight.
The project’s core theme revolves around decentralization and empowerment, with Wall Street Pepe positioning itself as a challenger to the current power dynamics in the crypto space.
Wall Street Pepe emerges as a revolutionary meme coin project aimed at democratizing trading insights for crypto enthusiasts.
How I sleep knowing Wepe is pumping. 🐸 ⚔️ pic.twitter.com/slowCyxZ0E
— Wall Street Pepe (@WEPEToken) December 17, 2024
The WEPE token offers exclusive trading insights to its holders. Members also gain access to alpha calls and strategic information, which then helps traders make more informed investments and trade like pros.
The WEPE token also offers a passive income opportunity through its staking feature, which delivers a stellar 43% annual percentage yield (APY).
You can buy WEPE tokens from the official website for $0.0003648 using ETH, USDT, or a bank card. Buy before a price hike in less than a day to lock in the best deal.
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Newest Meme Coin ICO - Wall Street Pepe
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