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The Sun Token price has soared 43% in the last 24 hours to trade at $0.01766 as of 11:18 p.m. EST on trading volume that skyrocketed 305% to $443 million.
Sun Token Price On A Massive Rally
The SUN/USD on the 4-hour timeframe shows that the Sun Token price is currently on a strong bullish trend. The price has recently experienced a significant breakout, as evidenced by a sharp upward movement with increasing volume, forming a parabolic curve.
According to data from GeckoTerminal, the price of Sun Token capitalized on the $0.022 support to push the price on the sustained uptrend.
This surge has pushed the Sun Token price well above the 50-day and 200-day Simple Moving Averages (SMAs), suggesting strong momentum.
Meanwhile, the Relative Strength Index (RSI) is at 74.15, entering the overbought zone. This suggests the current rally is under intense pressure, but seems to be dropping due to overextended buying pressure.
The Moving Average Convergence Divergence (MACD) also supports the general bullish momentum, as the blue MACD line crosses above the orange signal line, which forms a bullish crossover. This is a clear bullish signal, with no signs of reversal at the moment.
If the bullish momentum sustains and volume remains high, the next major target could be $0.045, provided the market doesn’t experience heavy profit-taking.
However, given the overbought RSI, some pullback or consolidation around $0.033-$0.035 could occur before another leg upward.
As the Sun Token price surges, investors are also buying up a new Pepe alternative called Wall Street Pepe (WEPE), which Cryptonews, a popular crypto channel with over 13k subscribers, says could be the next massive degen play.
Wall Street Pepe Presale Races Past $373K
WEPE Token brings a fresh twist to crypto by blending the beloved Pepe meme with Wall Street-inspired trading strategies. In the world of finance, whether traditional markets or crypto, insiders and whales often hold the upper hand, leaving smaller traders struggling to compete.
With a mission to level the playing field, the WEPE Token positions itself as a market-savvy ally for retail investors, offering them a fair shot at success in an otherwise tilted playing field.
“Wall Street Pepe hates that whales are hiding in insider groups,” says the project’s website. “So he decided to make his own. Join the WEPE Token Army – frogs strong together!”
Imagine thinking whales run crypto when it’s clearly the frogs. Assembling the army. 🐸⚔️
Join me: https://t.co/ZDBhKay9ss pic.twitter.com/lrwy2ETmN5
— Wall Street Pepe (@WEPEToken) December 3, 2024
The Wall Street Pepe presale aims to emulate the success seen by its predecessor, Pepe the OG meme coin.
If you ain't evolving, you dissolving! 🐸 pic.twitter.com/c4JdU4P1MY
— Wall Street Pepe (@WEPEToken) November 13, 2024
The project provides holders with exclusive trading insights, strategies, and alpha calls to help them navigate the market effectively.
Additionally, $WEPE Token offers a passive income opportunity through its staking feature, delivering a dazzling 1,506% annual percentage yield (APY).
You can buy $WEPE Token from the official website here for $0.000202 using ETH, USDT, or a bank card.
Buy now before a price increase in about three days to lock in the best deal.
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