Pepe Price Prediction: PEPE Plunges 7% As Traders Move To Solana Meme Coin With CEX Listing Imminent.

adminApril 4, 2024

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Pepe prices have plummeted 7% in the last 24 hours. Traded for $0.000007206 As of 7:20 a.m. EST, trading volume was down 23% to $738 million.

PEPE was unseated as the third-largest meme coin by market capitalization by Dogwifhat (WIF) last week and is now nearly $1 billion behind the Solana meme coin sensation.

Pepe Price consolidates into a bullish pennant.

pepe price

PEPEUSDT Analysis by Tradingview

Pepe price is currently trading below its all-time high of $0.00001064. However, this indicates a positive sign of a bounce within the bullish pennant pattern. This pattern suggests that Pepe’s bullish trend may continue.

The price of Pepe is trending upward within this pennant, bouncing off the lower trend line. Prices are also slightly above the simple moving average (SMA) of 50 and 200 on the 4-hour chart, which could indicate the start of a bullish rally as buyers become more active.

Macd indicates a rebound below the neutral level with the blue line crossing the orange signal line. Additionally, the histogram shows positivity close to neutral levels.

The Relative Strength Index (RSI) indicates a reversal from the 30 oversold level to the 50 midline level. As momentum increases, RSI will surge towards overbought, indicating strong buying pressure.

pepe price

Pepe Price’s bullish pennant signals a rebound

A bullish pennant indicates that the uptrend may continue, potentially pushing the price higher. If the price continues to bounce off the pennant’s lower trendline, it could help buyers break the resistance level of the previous high of $0.00001064 and reach a new high of $0.00001525.

However, if the sellers take charge, there is a possibility that the price will fall below the lower limit of the pennant, reaching around $0.00000661, while the buyers will pull back towards the support area around $0.00000450.

Meanwhile, investors are scrambling to get their hands on $SMOG and are seizing on the positive sentiment surrounding the token’s possible imminent listing on MEXC.

smog Solana’s meme coin continues to attract significant investor interest ahead of its listing. Trading will begin on MEXC at 6:50 AM UTC on April 4, with trading starting at 9 AM UTC.

🌇 Start your day energetically #Dragons! Sold out
🐉 $smog will be listed on @MEXC_Official exchange! 🎉
Deposits are now open! 💰🔥
Voting is live and ends tomorrow at 6:50 AM UTC! 🗳️
Trading starts tomorrow at 9AM (UTC)! 📈
And, this is the final battle of SMOG Season 1… https://t.co/pgQCzuXeoL
— Smog (@SMOGToken) April 3, 2024

Don’t miss out on SMOG Season 2 airdrops and staking

With $1 Million Airdrop Season 1 now over, SSeason 2 starts tomorrow. Unlike Season 1, which focused on completing quests on Zealy, Season 2 will place greater importance on on-chain transactions. This means that the higher your holdings or trading volume, the larger your airdrop rewards will be in Season 2.

#DragonsGet ready for your upcoming debut $smog Exchanging! 💰
Complete all daily missions and accumulate as many points as possible before Season 1 ends! 📊#SmogSwap Season 2 prioritizes on-chain. #trading! 🔄
Stay tuned for updates! 📣
— Smog (@SMOGToken) March 28, 2024

In addition to airdrop prizes and potential price appreciation from MEXC listings, SMOG holders can stake their tokens for 42% annual returns. The developer also hinted that another CEX listing could be imminent, possibly as early as this week.

Buy smog tokens using SOL, USDT or BONK here.

SMOG – Meme Coin with Rewards