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The Pepe price has pumped 5% in the last 24 hours to trade at $0.00001006 as of 12:27 a.m. EST on a 126% surge in daily trading volume to $752 million.
Pepe Price Finds Major Support After Extended Downtrend
The 3-day PEPE/USD chart shows that the price recently spiked, topping out at $0.00001631 before entering a downtrend, respecting a falling channel.
Despite the correction, PEPE’s technicals indicate the meme coin remains bullish. The price recently jumped after hitting the 50 and 200 Simple Moving Averages (SMA), which have converged to form a robust support. This convergence is a solid signal that the bulls are in charge.
PEPEUSD Analysis Source: Tradingview
The falling channel is a bullish reversal pattern if the price breaks out to the upside. Otherwise, it can usher the price to lower levels if bears remain persistent.
Zooming into the indicators, the Relative Strength Index (RSI) at 47.33 is just below neutral, hinting that there’s room to run before the crypto hits overbought territory. Meanwhile, the Moving Average Convergence Divergence (MACD) line is exhibiting bearish tendencies as it trends below the signal line (orange). However, there are signs that bulls may be fighting for control, as the MACD line (blue) has started to flatten.
Pepe Price Whales Accumulate $2.3M – What’s Next?
The bullish chart observation is further supported by on-chain data, which shows whale investors accumulated over 231.88 billion PEPE (~ $2.33 million) in the last 24 hours. This is part of a weekly buying spree that saw net inflows soar by 373.33%.
It signals that whale investors may be preparing for an imminent price surge. In the short term, that 5% pump has PEPE testing resistance around the 50% Fib level ($0.00001104). If the bulls maintain their momentum, there could be a push toward the previous high around $0.00001632.
Beyond that, the PEPE price could soar 126% to the 61.8% Fib extension level around $0.0000284. Conversely, a drop below the 50 and 200 SMAs could send PEPE sliding back to $0.000008629 (the 678.6% Fibonacci retracement level), an 18% dip.
Bitcoin Hyper Presale Closes On $2M – Next Big Crypto?
While the Pepe price gears up for a bullish rally, a new project called Bitcoin Hyper (HYPER), a layer-2 solution for Bitcoin, continues to surge in its presale, which has raised over $1.77 million.
Investors are piling in, hoping to grab a potential breakout gem before it officially hits exchanges. So, why is everyone buzzing over HYPER?
Bitcoin remains the undisputed leader in crypto and a reliable store of value, but its sluggish transaction speed, around seven transactions per second, has long been a drawback for real-world use.
That’s where Bitcoin Hyper steps in. This layer-2 solution aims to turbocharge Bitcoin’s network with ultra-fast transactions and minimal fees. Powered by the Solana Virtual Machine (SVM), it brings the blazing speed of blockchains like Solana while preserving Bitcoin’s unmatched security.
Bitcoin Hyper is here to supercharge Bitcoin.
Built on the Solana Virtual Machine, it brings lightning-fast, low-cost transactions to Bitcoin’s ecosystem perfect for payments, meme coins, and powerful dApps.
With zk-proofs and Layer 1 anchoring, it’s fast and secure.
Presale is… pic.twitter.com/qMi0sZb7Ld— halo (@haloETH) May 11, 2025
HYPER stands out because it opens the door to decentralized apps (dApps), meme coins, and DeFi within Bitcoin’s ecosystem, features typically found on Ethereum or Solana.
A decentralized Canonical Bridge ensures smooth and secure transfers between Bitcoin’s base layer and HYPER’s layer-2, allowing users to trade, stake, or interact with dApps at breakneck speed.
Transactions are bundled with zero-knowledge proofs and synced back to Bitcoin’s main chain, ensuring everything remains secure.
Popular YouTube channel 99Bitcoins, with over 723K subscribers, says HYPER could soar 10x post-launch.
The project is also offering a staking option for investors with a massive APY of up to 442%, though these returns will shrink as more investors jump in.
Those who want to join can buy HYPER at $0.012075 per token, using ETH, USDT, BNB, or even a credit card directly through the Bitcoin Hyper website.
However, with the presale fast approaching the $2 million mark and a price increase set to kick in within the next 10 hours, this could be the ideal moment to get in.
Visit the Bitcoin Hyper website.
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