Pepe Price Prediction: PEPE Ascends 4% – Meme Tokens Gaining Momentum Again?

Updated: 26 September 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The price of Pepe (PEPE) is on the path to recovery after a period of decline that resulted in significant losses for buyers.

According to GeckoTerminal.com, Pepe has seen a 2.6% increase in the last 24 hours, reaching a trading price of $0.000000705 as of 6:14 a.m. EST. Are meme tokens gaining momentum again?

PEPE Bulls Poised To Recover Losses

PEPE/USDT Chart Analysis. Source: Tradingview.com — PEPEUSDT Chart Analysis. Source: Tradingview.com

Pepe is showing signs of recovery after a prolonged downward trend that has caused losses for bullish investors.

The price has formed a falling wedge pattern, indicating a potential shift towards a bullish trend. This suggests the possibility of a price surge for PEPE.

According to the chart, there has been a rebound at the lower boundary of the falling wedge, signaling that the bulls may be gaining control.

However, for the price of PEPE to break above the upper boundary of the falling wedge, the bulls must maintain their momentum.

It’s worth noting that the bulls still face significant challenges, particularly from the 50-day and 200-day moving averages, which are acting as barriers to higher prices.

The 50-day moving average also serves as immediate resistance for the price of PEPE.

The relative strength index (RSI) further supports the bullish sentiment, currently trading at 43, indicating strong buying pressure.

If the bullish momentum continues, the RSI could climb into the overbought region around 70.

Pepe Has A Bullish Bias

PEPE appears to have a bullish bias, supported by the falling wedge pattern.

A break above the wedge could provide the bulls with the opportunity to push the price higher toward resistance levels at $0.00000143 and $0.00000184, respectively.

On the flip side, if the bears manage to bring the price down, supported by the 50-day moving average, the bulls may retreat to the support level at $0.000000562.

As PEPE investors look for favourable entry points, some experts say it’s worth considering BTCBSC as an alternative.

BTCBSC’s presale is nearing its conclusion, and it offers a staking and earning opportunity with the potential for high returns.

BTCBSC Presale Nears Conclusion

Bitcoin BSC operates on the BNB Smart Chain, driven by a cryptocurrency token meticulously designed around the principles of sustainability and impervious security.

🚀 Explore the possibilities of #BitcoinBSC on BNB Smart Chain!

✨ Built with Ethereum's code for the highest level of security.
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🔐 Access #BTCBSC smoothly through #TrustWallet or #MetaMask. pic.twitter.com/iSjdS7se8T

— Bitcoinbsc (@Bitcoinbsctoken) September 24, 2023

BTCBSC has reached a remarkable milestone by amassing a substantial sum over the $5.2 million threshold of its $6.023 million soft cap target, thus attesting to its far-reaching embrace within the crypto-verse.

📢 Update from #BitcoinBSC!

We have passed the $5.2 million milestone! 🌟 pic.twitter.com/fScA6qTjyA

— Bitcoinbsc (@Bitcoinbsctoken) September 26, 2023

The presale event for BTCBSC has already galvanized significant financial support, amassing a total of $5,353,6,80.

Earn Passive Income and Rewards

Bitcoin BSC offers a staking program that allows users to earn passive income. Similar to Bitcoin’s block generation every 10 minutes, Bitcoin BSC rewards stakers with BTCBSC coins within the same timeframe.

According to the project’s tokenomics, approximately 14,455,000 tokens are allocated for staking rewards.

Staking earnings depend on users’ shares in the staking pool and offer an impressive annual percentage yield (APY) of 98%, surpassing industry standards. A real-time staking dashboard ensures transparency for token holders.

Furthermore, the project has undergone thorough smart contract audits and guarantees locked liquidity upon listing on the Uniswap DEX. Staking presents a potentially profitable opportunity for passive income in the crypto ecosystem.

After the presale concludes, an additional 420,000 tokens (2%) will be reserved for future release on decentralized exchanges.

Jacob Crypto Burry, a popular crypto influencer on YouTube, has conducted a review of BTCBSC for his subscribers, describing it as having the potential for a 10x return on investment.

BTCBSC tokens are currently available at just $0.99 per token, with 6.125 million tokens in circulation. To join in the presale, simply connect your wallet to the BTCBSC website and use BNB, ETH, or USDT to acquire tokens.