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The PepeFork price rose 6% in the last 24 hours to trade at $0.0000004700 as of 04:57 a.m. EST on trading volume that surged 62% to $10.6 million.
This comes as the PORK team anticipates listings on prominent exchanges.
We are here to do big business.
🤝
🐷 https://t.co/288ECamdJX 🐷 pic.twitter.com/NhtNC6WF82
— PORK 🐷 (@PorkCoinETH) February 16, 2024
PORK has made a significant impact in the cryptocurrency realm, experiencing a resurgence in the past week with a 45% increase in value.
PepeFork Price On A Bullish Rally Within The Rising Channel
The PepeFork price has been on a significant downtrend this month. However, the bulls have shown resilience, using the $0.000000381 support zone to drive the price higher along the rising channel.
The bulls have retested the resistance at $0.0000005239. This caused the price to fluctuate within the boundaries of the rising channel as it tried to break out.
PORK is currently trading above both the 50-day and 200-day Simple Moving Averages (SMAs), signaling the continuation of the bullish momentum. Additionally, the 50-day SMA is trading above the 200-day SMA, which further adds to the bullish sentiment of PORK’s price.
The Relative Strength Index (RSI) is trending downward from the overbought regions to the 50-midline level at 51. This shows that the buying and selling trend is in a neutral zone. A sustained bullish momentum may see the RSI rally to the 70-overbought region.
Moreover, the Moving Average Convergence Divergence (MACD) line (blue) is below the signal line (orange), indicating a bearish crossover with signs of a reversal, as the red bars on the histogram elevate slightly on the downside from the zero line. The Average Directional Index (ADX) is currently at 54, which shows a very strong trend.
PepeFork Price Prediction
The short-term technical analysis of PORK’s price signals a continuation of the bullish momentum above the upper boundary of the rising channel. The bulls are aiming to breach the resistance at $0.0000005239, with the current target at $0.0000006171.
However, the MACD line is below the signal line, which may indicate a bearish crossover. In this case, the bears may influence a price retrace toward the support zone at $0.0000004418.
As the PepeFork price bulls look for more entry points to drive the price even higher, traders are being drawn to Sponge V2 because they believe it can repeat the substantial gains of its predecessor, Sponge V1.
Buy Sponge V2: A Promising Meme Coin For 100X Returns
Sponge V2, launched as an improvement to its outstanding predecessor, is making moves in the crypto space. Sponge V1 hit surged 100x on launch last year, and amassed over $100 million in market capitalization. If you missed that opportunity, now is a chance for you to experience it with its second coming through Sponge V2.
If you missed out on $SPONGE V1, don't miss out on #SpongeV2!
Time to stake your $SPONGE! 🚀🧽#MemeCoin #Web3 #Altcoins #BullMarket #Bullish #Trade pic.twitter.com/oNwatR7ihw
— $SPONGE (@spongeoneth) February 10, 2024
The team discontinued Sponge V1 earlier this month. This paved the way for the transition of over 13,000 holders to the more secure and cost-efficient V2 on the Polygon Network.
📣 Attention, #SPONGERS!
Here is some important information to remember about $SPONGE V2!$SPONGE V1 has officially been discontinued, and V2 has been launched on #Polygon! 🔥
Learn more about the token details below 👇https://t.co/TCdxgXx40w
🧵1/3 pic.twitter.com/YZzXOlKmHY
— $SPONGE (@spongeoneth) February 6, 2024
Stake $SPONGE V2, 968% Annual Rewards On The Polygon Network
After the transition to the Polygon Network, you can now buy and stake your Sponge V2 tokens, earning an impressive 968% annual percentage yield (APY). Furthermore, the team is set to launch a play-to-earn (P2E) game, Sponge Racer, which will enable players to earn token rewards while expanding the token’s utility.
Jacob Bury, a prominent YouTuber, also believes that SpongeV2 can surge 100X on launch, just like its predecessor.
To join the presale, visit the official Sponge V2 website and link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.
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