Pepe Price Prediction: PEPE Plunges 14% as Experts Pick 2.0 Dogecoin for 100x Potential.
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The price of Pepe has plummeted 14% in the last 24 hours. Traded for $0.00000725 As of 09:09 AM ET, trading volume was down 10% to $953 million.
This is because the entire meme coin sector has lost around 6% in the last 24 hours, reaching a market capitalization of $61.5 billion. However, PEPE has maintained an upward trend of 77% over the past 30 days. Can the bulls recover from the current retracement?
Pepe Price is set to restore the rising triangle.
Pepe prices were trading within a range of $0.0000020 at their consolidated levels at the beginning of the year. PEPE bulls showed their dominance by using this level as a stable base, pushing the price through the mark-up phase to the $0.00000865 resistance level.
A slight retracement to the $0.0000050 support allowed the bulls to push the price to an all-time high of $0.00001064. This level has become an immediate barrier that the bulls strive to surpass.
However, bears may have controlled the price at this level as PEPE failed to recover as the price traded within the important support around $0.00000691.
Additionally, the current price retracement coincides with prices trading below the 50-day and 200-day simple moving averages (SMAs).
Moreover, the Relative Strength Index (RSI) is currently trading in a downtrend with an oversold level of 34, suggesting that the downtrend is putting more pressure on the asset.
PEPE Price Prediction – Bulls Target a Reversal.
Pepe price analysis and key indicators show bearish momentum, with the price crossing below an ascending triangle pattern. Additionally, RSI is already above oversold levels, indicating investors are continuing to sell.
However, RSI breaking above the oversold level could signal a price recovery, with the bulls targeting a trend reversal beyond the upper border of the ascending triangle to push the price up to the previous ATH of $0.00001064.
The 50-day SMA also crosses the 200-day SMA, forming a golden cross at $0.00000110, supporting the possibility of a further uptrend in the coming weeks.
However, if the bears continue to put more pressure on the price, the bulls could retreat to the $0.00000691 level and act as a buffer against the downward pressure.
As PEPE bulls seek to reverse the downward trend, investors may also consider Dogecoin20 as a worthy alternative, with the project scheduled to launch on April 20, International DOGE Day.
Crypto analyst and YouTuber Jacob Bury believes DOGE20 has the potential to rise 100x after launch.
Dogecoin20: Your Best Chance to Earn 100X Profits
Dogecoin 20 (DOGE20) It operates as an upgraded version of Elon Musk’s favorite Dogecoin meme coin and aims to emulate an eco-friendly version of Dogecoin in the spirit of “do good things every day.”
Sloth on Solana, Doge20 on Ethereum: 2 New Memecoins to Watch in April 2024
April 2024 is filled with excitement in the meme coin community. In particular, two new entrants emerged: Solana’s Slotthana (SLOTH) and Ethereum’s Dogecoin20 (DOGE20). Dogecoin20 has already arrived… pic.twitter.com/1y85ot4Vm6
— Crux | Cryptocurrency News App (@Coin_CRUXX) April 2, 2024
The dog-themed project’s predecessors, Shiba Inu and Dogecoin, have seen huge profits, and DOGE20 aims to emulate their success.
DOGE20 Launches Doge Day – Last Chance to Buy
This project differs from previous projects in that it provides holders with on-chain staking capabilities, allowing investors to earn profits. It delivered an impressive Annual Percentage Yield (APY) of 66%.
Holders can share 15% of the token’s total supply of 140 billion, which the team plans to distribute over two years as staking rewards.
Additionally, the team plans to launch Dogecoin20 conveniently on April 20, which is marked as International Doge’s Day, when market sentiment surrounding DOGE is expected to rise.
Dogecoin20 Huh? 🤔 The calendar is booked for April 20th 💨 pic.twitter.com/7fLWbZeVjp
— CrudeBoys🃏 (@TheCrudeBoysNFT) March 29, 2024
With the development team extending the pre-sale for one last chance to purchase following a massive $10 million fundraising, those looking to purchase will need to act fast as the extension could end at any time.
You can get DOGE20 tokens for $0.00022 each by: official website To engage in action. You can pay using ETH, USDT or bank cards.
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