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Home»Business»Crypto
Crypto

Pepe Coin Price Indicates Strong 25% Buy Signal – Could a Major Rally be on the Horizon?

September 9, 2024No Comments3 Mins Read
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The Pepe Coin price has seen a 2% increase in the past 24 hours, reaching $0.000007081, as the crypto market stabilizes after a challenging weekend. Despite being down by 2.5% in a week and 16% in the last 30 days, the popular meme coin has experienced an 800% increase in value over the past year. Recent downturns have positioned Pepe Coin to test its resistance levels, potentially leading to a 10% or even 25% gain in the coming months. Recent indicators show a potential 12% to 25% increase, with a possible breakout if the 30-period moving average rises above the 200-period average.

Pepe Coin has shown signs of gaining momentum since dropping to a seven-day low of $0.00000644. This increase in strength is reflected in its indicators, such as the relative strength index and moving averages. Whales appear to be accumulating PEPE again, suggesting anticipation of future price rises. While September historically has been a challenging month for crypto, with potential rate cuts from the Fed and bearish sentiment due to recession fears, Pepe Coin may see more consistent gains towards the end of the month and as October approaches.

Investors may want to diversify their portfolios into smaller coins and presale tokens to potentially achieve market-beating gains. One significant presale coin is Pepe Unchained (PEPU), a layer-two project that has raised $12.5 million in its sale. PEPU offers strong fundamentals for a meme coin, building a layer-two network for Ethereum aimed at near-instant transactions with low fees. Positioning itself as a layer-two for meme tokens, PEPU may draw users from other layer-twos like Solana. With double the usual staking rewards, PEPE Unchained is likely to attract more users and investors, with a promising max supply of 8 billion for its native token, PEPU.

The project’s growing popularity is evident in its more than 13,000 followers, despite not yet launching. Investors can participate in PEPU’s sale on its official website, purchasing the token using ETH, BNB, USDT, or fiat currency at a current price of $0.0095743 per token. It is expected that the price will increase significantly once the coin is listed on exchanges. While these investments come with high risk, it is essential for investors to conduct thorough research and understand the risks associated with investing in cryptocurrencies. This article serves as informational content and does not constitute investment advice. Investors could potentially lose all of their capital in the highly volatile crypto market.

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