Pepe Price Prediction: PEPE Plunges 5% as This Chain-Hopping Dogecoin Derivative Surpasses $12 Million.
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Pepe price fell 5% in the last 24 hours Traded for $0.00000698 As of 0:11 AM EST, trading volume had plummeted 15% to $601 million.
This comes after PEPE surpassed Dogwifhat (WIF) and regained third place among the top meme coins by market capitalization.
PEPE prices fell in line with the broader meme coin market, which has fallen 5% over the past 24 hours, reaching a market capitalization of $49 billion.
Pepe Price Soars Above Falling Wedge Pattern
Pepe price experienced a positive surge in March, reaching an all-time high (ATH) of $0.00001064. After being rejected from this resistance level, Pepe price experienced a negative sequence, printing several lower lows and lower highs, resulting in the formation of a descending wedge pattern.
However, the support level around $0.00000471 allowed the bulls to break out towards the upper border of the wedge.
PEPE is trading above its 200-day simple moving average (SMA), confirming its upside potential. If the bulls can maintain the bullish momentum, Pepe could move higher and break the 50-day SMA threshold of $0.00000721.
Additionally, the Relative Strength Index (RSI) is trading above the 50 midline, which indicates that the price is currently in balance and aiming to break the 70 overbought zone.
Pepe price prediction
According to Pepe price analysis, PEPE is currently in equilibrium and targeting a breakout towards the next target and a new ATH of $0.000012. With the RSI and golden cross forming at $0.00000112, the bulls are aiming to take advantage of these factors to push the price further.
However, in the opposite scenario, the bears could control the price from this level and break the 50 mid-line of RSI. This will likely push the price lower to the support area around $0.00000465.
Meanwhile, as PEPE price bulls try to push the price to a new ATH, investors are busy pre-selling $DOGEVERSE, which has seen funds raised surge past $12 million.
Doggers ($DOGEVERSE) It is an innovative multi-chain meme coin that spans six blockchains: Ethereum, Binance Smart Chain, Polygon, Avalanche, Base, and Solana.
🌐 Embrace inclusive accessibility! 🚀
$DOGEVERSE opens its doors to a broad audience including: #Ethereum Enthusiasts who prefer fast and cost-effective benefits #Solana or #polygon, fostering diverse and inclusive communities. 🐕🌟 pic.twitter.com/sXPOvaoz67
— DogeVerse (@The_DogeVerse) April 12, 2024
The chain is one of the most active networks in the cryptocurrency market, making it easy for $DOGEVERSE holders to participate in a variety of decentralized finance (DeFi) protocols.
The project’s mascot, Cosmo the Doge, is a Doge hoping to grab a chain from a collapsing supernova. This will allow the dog to hyperjump between the stars of the cryptocurrency world for multi-chain utility.
Dogeverse has a built-in Staking Options This means there is no need for token swaps and investors can enjoy a 91% Annual Percentage Yield (APY).
With the Dogeverse pre-sale selling out quickly, ClayBro, a prominent crypto analyst on YouTube, believes that Dogeverse has the potential to surge 10x upon launch.
You can participate in the pre-sale by purchasing $DOGEVERSE for $0.000303 per token. The price will increase in about 90 minutes, so purchase quickly.
Buy $DOGEVERSE on the official website here. Use ETH, USDT or bank card.
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Dogeverse – Multichain Meme Coin
- Early access presale is live now.
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- Staking Rewards – thedogeverse.com
- Trade with low fees
- World’s first chain travel governor – Cosmo
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