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The Pepe price jumped 10% in the last 24 hours to trade at $0.00000780 as of 05:07 a.m. EST on trading volume that surged 100% to $636 million.
This comes as the meme coin sector surged 6% over the same period to reach a market capitalization of $65 billion. Top meme coin titans DOGE, SHIB, and WIF gained 4%, 16%, and 13%, respectively.
Pepe Price Aims To Soar Over the Bullish Pennant
Since November 2023, the Pepe price has remained in a consolidation phase, trading within the $0.000015 range. However, by the end of February, it appears the Pepe price bulls emerged victorious in the dominance struggle.
This surge led PEPE to experience a markup phase, reaching an all-time high (ATH) of $0.00001064 on March 14. Currently, Pepe is trading within the range of $0.0000065 and $0.0000094, serving as immediate support and resistance levels.
PEPE trades slightly above the 50-day Simple Moving Average (SMA), which indicates that the price may be poised for an upward movement. As the bulls exert pressure on the price, PEPE may surpass the 200-day SMA at $0.00000787.
Moreover, the Relative Strength Index (RSI) is rebounding from the oversold levels, currently at 61, which shows that the bulls are currently in a buying frenzy. If the buying intensifies, the RSI could easily surpass the 70-overbought region, adding to the bullish sentiments.
Pepe Price Prediction
The Pepe price analysis on the 4-hour chart shows a bullish bias as the bulls prepare to push the price higher above the bullish pennant. The PEPE bulls are looking to capitalize on the movements by the RSI to add more to their buying positions, which could push the price higher above the previous ATH to record a new ATH at $0.000013.
However, the RSI is surging towards the overbought region, which could indicate a price correction thereafter.
Additionally, the 50-day crosses below the 200-day SMA, forming a death cross at $0.00000769, which suggests an incoming short-term bearish trend. In case this happens, the bulls could find support at $0.00000572, acting as a cushion against downward pressure.
Meanwhile, as the PEPE price looks to soar even higher, investors are busy buying Dogecoin20 after its development team offered a last chance to buy the token after its presale sold out.
Dogecoin20: Best Opportunity For 100X Gains
The Dogecoin20 (DOGE20) presale raised $10 million in short order and is scheduled to launch on International DOGE Day on Apr. 20. The team has allocated 10% of its 140 billion token supply as liquidity, which aims to facilitate smooth trading when the token launches.
Getting ready for the ultimate #DOGE upgrade! 🛠️
We're propelling @elonmusk’s beloved #Memecoin towards a greener horizon. 🌿
Diving into the possibility of staking #DOGE20 and reaping environmentally-friendly rewards. 💸🌍 pic.twitter.com/zMino37jCV
— Dogecoin20 (@DOGE_COIN20) March 22, 2024
The project carries the torch of Elon Musk’s favorite DOGE family of meme coins to the next level, aiming to add utility for its holders by integrating staking on Ethereum. By staking $DOGE20 tokens, holders can earn an impressive annual percentage yield (APY) of 53%
Dogecoin20 is also a more versatile and greener version of Dogecoin, while upholding the same “Do Only Good Every Day” ethos of the original Dogecoin.
https://twitter.com/DOGE_COIN20/status/1768242237266104505
Buy Now For 100X Potential
According to Jacob Bury, a prominent crypto analyst on YouTube, Dogecoin20 has the potential to soar 100X on launch.
As there is no way of knowing when the presale’s extension might end, the best time to buy is right now.
You can acquire DOGE20 tokens for $0.00022 each through the official website here. You can make payments using ETH, USDT, or a bank card.
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