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The Kamala Harris price pumped over 23% in the last 24 hours to trade at $0.00002386 as of 7:55 a.m. EST as investors rush to accumulate the meme coin.
This jump in the Harris price comes as the Democratic nominee for the 2024 US Presidential Election, Kamala Harris, prepares to announce her vice-presidential running mate.
She will reportedly be deciding between Pennsylvania governor Josh Shapiro and Minnesota governor Tim Walz.
The Kamala Harris Price Testing A Crucial Support Level
4-hour chart for HARRIS/USD (Source: GeckoTerminal)
The Kamala Harris price is resting on the key support level at $0.00002362 after it was rejected by the $0.00003376 resistance level in the last 16 hours. Should the meme coin close a 4-hour candle below $0.00002362 within the next 12 hours, it could be at risk of plunging to the next mark at $0.00001532.
HARRIS staying above $0.00002362 for the next 12 hours might prevent the bearish thesis from playing out. In this alternative scenario, traders could identify the meme coin’s current price as a long opportunity. With this potential buy power, the Kamala Harris price could attempt another challenge at the aforementioned $0.00003376 barrier.
A break above $0.00003376 might then give HARRIS the technical foundation needed to keep climbing in the following 24 hours. This could result in the Kamala Harris price rising to as high as $0.00004390 in the short term.
The Kamala Harris Price About To Trigger Major Bearish Technical Flags
There are two major bearish technical flags that are on the verge of being triggered, which could signal a shift in momentum that favors sellers. Traders will want to keep a close eye on the Moving Average Convergence Divergence (MACD) indicator as well as the 9 and 20 Exponential Moving Average (EMA) lines.
In the last couple of hours, the MACD line broke above the MACD Signal line. Traders usually see this as a sign that a crypto has entered a short-term positive trend. However, the MACD line has since collapsed towards the MACD Signal line with a potential intersection looming. The prior falling back below the latter might be a bearish sign that sellers have regained control.
Meanwhile, the 9 EMA has collapsed towards the 20 EMA. If the gap between the two technical indicators continues to narrow, it might only be a matter of time before the 9 EMA crosses below the 20 EMA line to signal a bearish shift in momentum.
While the Kamala Harris price tries to maintain a position above the $0.00002362 support level, investors are flocking to buy Pepe Unchained (PEPU).
PEPU is a presale project that influential YouTuber ClayBro recently told his 130,000 subscribers could be ”the top meme coin coming up.”
Unlocking PEPE’s True Potential
Pepe Unchained (PEPU) is a meme coin project that aims to unleash PEPE’s true potential. Up until now, the popular frog-themed token has been held back by the scalability limitations of the highly-congested Ethereum network. This has resulted in PEPE holders paying higher fees for slower transaction times.
To fix this, Pepe Unchained will move PEPE on to a dedicated layer-2 network, which will also remove the token’s transaction processing off of the Ethereum mainnet. PEPU token holders will subsequently enjoy much lower network fees and transaction speeds that are 100 times faster than that of Ethereum. Pepe Unchained also comes with its own blockchain explorer.
Despite the project’s goal to move PEPE off of the Ethereum network, investors will still be able to seamlessly shift value between the Pepe Unchained and Ethereum blockchains.
Investors Pivot To Pepe Unchained During The Recent Market Crash
Despite the recent crypto crash, Pepe Unchained raised more than $700K in the past 3 days through its successful ICO, bringing the total to over $7.4 million.
Behold, Pepe the Breaker of Chains! 🐸⛓️ pic.twitter.com/HZ61lgQ1A0
— Pepe Unchained (@pepe_unchained) August 6, 2024
In addition to PEPU not being at the mercy of the open markets yet, investors are likely turning to the project for the 263% APY on offer to buyers at this early stage.
To unlock these rewards, investors can acquire the token via the buy widget embedded on Pepe Unchained’s home page.
Binance Coin (BNB), Tether (USDT), Ethereum (ETH) and bank cards can be used to purchase the token, which is currently selling for $0.0089105.
Buy soon if you are interested because a price hike is coming in less than 1 day.
Purchase and stake PEPU here for up to 263% in annual rewards.
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