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The Willy Wanka price plunged 62% in the last 24 hours to trade at $0.0002548 as of 02:33 a.m. EST on trading volume that dropped to $475K.
$WANKA is a cryptocurrency dedicated to making a difference. Focused on giving back to charity at every milestone, the coin emphasizes creating wealth while promoting generosity and opposing greed.
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A coin with a mission to give back to CHARITY at every milestone achievement and HEAVILY AGAINST GREED. Let’s get rich while creating impact 💪💪Ca: Gm6FFpePzYZL8g5C8ZrxaYnxc8LeeuReXqDGcUyfmmaQ@willywankacoin pic.twitter.com/gFitIjsbU8
— DEGEN (@MichaelEziolis3) January 4, 2025
Willy Wanka Price On A Sustained Bearish Trend
The WANKA price chart exhibits a classic parabolic rally followed by a steep correction. The Willy Wanka price experienced a rapid increase, peaking at approximately 0.00089 before sharply reversing downward, according to GeckoTerminal data.
This parabolic move, often driven by high speculative activity, typically signals exhaustion at the top, followed by significant profit-taking or liquidation.
The sharp correction forms a rounded top pattern, signaling a loss of bullish momentum.
Currently, WANKA is trading around $0.0002548. After the steep drop, the price of Willy Wanka appears to be stabilizing near the 200-day Simple Moving Average (SMA), which is acting as support.
Additionally, the volume increased during the initial rally and the subsequent sell-off, signaling strong participation from traders during both phases.
The Relative Strength Index (RSI) stands at 30.67, indicating the asset is in the oversold territory. This suggests that selling pressure has been dominant, but it may also hint at a potential relief rally or consolidation, as oversold conditions often precede price recoveries.
WANKA Price Prediction
In the near term, the 200-day SMA around $0.0002359 will likely serve as a critical support level. If the Willy Wanka price holds above this level, a relief rally towards the 50-day SMA ($0.0004897) could materialize, especially given the oversold RSI.
However, if the price breaks below the 200-period MA, it could signal a continuation of the downtrend, with potential targets around $0.0002 or lower.
On the bullish side, for a sustainable recovery, the price of WANKA would need to reclaim the 50-day SMA and establish a higher low, which could pave the way for retesting higher levels, such as $0.0006.
As the Willy Wanka price plummets, investors are piling into a Pepe alternative in presale that’s called Wall Street Pepe (WEPE). Cryptonews, a popular YouTube channel with over 13k subscribers, says WEPE could be the next massive degen play.
Wall Street Pepe Presale Explodes Past $43 Million Milestone
Wall Street Pepe has surged past $43 million in funding amid whispers that its hugely popular presale might end in February 2025. That’s because $WEPE has been flying into investors’ hands far quicker than expected.
WEPE aims to level the investment playing field for little investors because he’s always hated the whales who dominate the market in their small, secretive, insider groups.
The solution? WEPE created its own WEPE Token Army so that small investors are stronger together. The project will offer small traders trading strategies and insider tips to buy the best cryptos available.
Flying 1st class on the WEPE express. Up only. 🐸⚔️ pic.twitter.com/4rJ9k8mvyN
— Wall Street Pepe (@WEPEToken) December 7, 2024
Each $WEPE holder becomes part of this growing army, gaining exclusive access to a private insider group where they can tap into trading insights and alpha calls to stay ahead of the curve.
The $WEPE Token also offers a passive income opportunity through its staking feature, which delivers a stellar 30% annual percentage yield (APY).
You can buy $WEPE Token from the official website here for $0.00036643 using ETH, USDT, or a bank card.
Buy before a price hike in slightly more than a day to lock in the best deal.
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