Join Our Telegram channel to stay up to date on breaking news coverage
The Pepe Unchained price jumped 21% in the last 24 hours to trade at $0.01085 as of 8:46 p.m. EST on trading volume that surged 50% to $4.6 million, according to CoinGecko.
This comes after the Pepe Unchained team teased the completion and launch of Pepe’s Pump Pad, a new meme coin launchpad ecosystem that is headed for a showdown with Solana’s Pump.fun.
Ready to Pump? pic.twitter.com/RRnpY7srJv
— Pepe Unchained (@pepe_unchained) January 9, 2025
Pepe Unchained Poised For A Sustained Rally
The PEPU price analysis on the 1-hour timeframe has been in a prolonged downtrend, characterized by lower highs and lower lows. This bearish momentum has been consistent for several days, forming a falling channel pattern.
However, recent Pepe Unchained price action shows signs of relief, after PEPU broke out of the channel around the $0.00959 level.
The price of Pepe Unchained now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a sign of an incoming bullish trend. Moreover, the gap between the SMAs is narrowing, suggesting a potential bullish crossover to form a Golden cross if the price continues upward. Such a crossover would confirm a stronger bullish trend.
The Relative Strength Index (RSI) is currently at 56.83, sitting comfortably above the midline (50). This level indicates increasing buying momentum, but it is still far from the overbought zone (above 70). There is room for further upward movement before facing any significant resistance due to overbought conditions.
PEPU/USDT Chart Analysis (Source: Tradingview)
PEPU Price Prediction
Given the breakout from the falling channel pattern and the favorable position of the RSI, the price of PEPU appears to be gearing up for a potential upward move. The immediate price target lies at the $0.01286 resistance level. Breaking this resistance could open the door for further upside, potentially targeting the next resistance at levels around $0.01455 or higher.
Conversely, if the Pepe Unchained price fails to maintain support above the 50-day SMA, it could retest the confines of the falling channel. In this case, the support zone around $0.0096 and $0.0104 would become critical for holding the bullish bias.
As the PEPU price bulls aim for a sustained rally, investors are also piling into a new Pepe alternative called Wall Street Pepe (WEPE). Crypto influencer ClayBro, with over 134k subscribers, says it could soar 100X after launch.
A Promising Alternative To Pepe Unchained
Following an impressive run in 2024, Wall Street Pepe is gearing up for an even more impressive 2025 after roaring past $45.8 million in its presale.
Wall Street Pepe has captured the attention of small retail traders due to its unique approach to evening the odds in the crypto market.
The project combines humor with real-world utility, transforming the iconic Pepe the Frog meme into a Wall Street professional – dressed in a suit and sunglasses – who provides his WEPE Army of followers with cutting-edge investment advice.
They doubted the frog. Now they fear the movement. 🐸⚔️ pic.twitter.com/Fmm8PpquOl
— Wall Street Pepe (@WEPEToken) January 10, 2025
The Wall Street Pepe trading platform gives retail traders the same insights as big crypto players. This private trading group has access to market signals, tips, strategies, and more.
WEPE detests whale investors who trade in secretive insider groups and he aims to level the playing field for the little guys.
Wall Street Pepe also offers a staking platform with an attractive 28% Annual Percentage Yield.
You can buy WEPE tokens from the official website for $0.00036645 using ETH, USDT, or a bank card. Buy before a price hike in less than 9 hours to lock in the best deal.
Related Articles
- Dogecoin Sentiment Nears Lowest In A Year
- Crypto Fear And Greed Index Hits Lowest Since October
- PEPU Pumps 23% Even As Meme Coins Drop
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage
