Movement Price Prediction: MOVE Is Top Gainer With 19% Pump As This PEPE Alternative Blasts Past $36M In Presale

The Movement price has pumped 19% in the last 24 hours to trade at $1.25 as of 9 p.m. EST on a 148% jump in trading volume to $2.7 billion.

This price surge has made MOVE the top gainer among the biggest cryptos by market capitalization, according to CoinGecko. It’s also soared 76% in the past week.

Movement Price Breaks Above The Resistance Zone

The MOVE/USDT chart on a 1-hour timeframe shows several key insights into the asset’s price movement. The major support zone lies between $0.70 and $0.75, where strong buying interest has consistently prevented significant downside moves.

Additionally, the price appears to follow a parabolic curve, signalling an acceleration in bullish momentum. The price is testing a resistance zone around $1.18 to $1.20, which has caused temporary rejections and consolidation. If this resistance is broken, the price could rally toward the reward zone at $1.35 to $1.40, presenting a potential profit-taking opportunity for traders.

MOVE/USDT Analysis Source: Dextools.io

The 50-period moving average (SMA), located near $0.98, serves as immediate dynamic support for the short-term trend, while the 200-period MA at $0.84 provides a stronger, medium-term support level that reinforces the overall uptrend.

The MACD shows mild bullish momentum, with the MACD line slightly above the signal line, although the declining histogram suggests a possible short-term pullback or consolidation.

The Relative Strength Index (RSI) is currently at 64.19, indicating the market is approaching overbought territory but still has some room for further upside movement.

At the current price of $1.252, the sentiment remains bullish as long as the price holds above the $1.10 support level. A successful breakout above $1.20 could lead to a rally toward $1.35 to $1.40.

However, failure to sustain above $1.10 might result in a retest of the $0.98 support level, with a potential drop to $0.84 in a bearish scenario.

Wall Street Pepe Presale Soars Past $36 Million – Best Crypto To Buy Now?

Meanwhile, investors are flocking to Wall Street Pepe (WEPE), a PEPE-inspired derivative that has already raised over $36.3 million during its presale, one of the most successful of the year.

Crypto influencer ClayBro, with over 133,000 subscribers, predicts that early WEPE investors could achieve millionaire status once it launches.

The WEPE Token aims to disrupt the status quo by challenging whales’ dominance and empowering smaller traders.

Central to the project is the rapidly growing WEPE Army, a community of dedicated degen traders and analysts who provide exclusive market insights and high-level trade recommendations.

This vibrant community equips its members with the tools and knowledge to compete with secretive whale investors and other professionals.

To join the WEPE Army, investors can buy WEPE tokens for $0.0003656 using cryptocurrency or banks cards. After purchasing, token holders have access to the WEPE Army’s lucrative trade recommendations, and they can also take advantage of the platform’s staking feature.

$35M raised. Frogs are thriving. Energy’s high. Stay ready, stay focused, stay green. 🐸⚔️🚀 pic.twitter.com/qdYWgKVn2X

— Wall Street Pepe (@WEPEToken) December 23, 2024

Currently, staking offers an impressive 36% annual percentage yield (APY), allowing investors to earn substantial returns while preparing for their next move.

WEPE has drawn comparisons to Pepe Unchained (PEPU), which raised almost $74 million in its presale and then went parabolic after launch.

However, WEPE’s outpacing PEPU in a terms of funds raised and is on track to become the leading presale of 2024.

Investors interested in WEPE should act quickly as a price increase is due in about 2 hours.

Visit WEPE Token here.

Related Articles

• Pepe Coin Struggles While Wall Street Pepe Smashes $36M
• Altcoin Season Ignites as Catslap Gains 20,000 Holders
• FARTCOIN Soars 67% While This Solana Rival Raises $5M

Newest Meme Coin ICO - Wall Street Pepe

Rating

• Audited By Coinsult
• Early Access Presale Round
• Private Trading Alpha For $WEPE Army
• Staking Pool - High Dynamic APY

Learn More