Pepe Price Prediction: PEPE Rises 10% as Dogeverse ICO Surpasses $13 Million
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Pepe prices are up 6% in the last 24 hours. Traded for $0.00000695 As of 2:39 a.m. EST, trading volume was up 7% to $1 billion.
This comes as the market rebounds from the flash cryptocurrency collapse that saw BTC fall below $60,000 this week. Pepe (PEPE) and Dogwifhat (WIF) gained the most, with WIF up 15% in the last 24 hours.
Pepe Price set up the rebound to breach the top boundary down the channel.
Pepe price has been in a downward trend since mid-March, with PEPE fluctuating within the $0.00000799 resistance level.
In April, PEPE fell sharply to the $0.00000446 support level, with price action above this level forming a head and shoulders pattern.
However, as the price moved lower within the channel down pattern, the bears negated the bullish outlook resulting from the head and shoulders pattern. Support around $0.00000598 allowed the bulls to push the price higher, aiming to push PEPE above the upper limit of the channel down pattern.
PEPE is currently trading above its 200-day simple moving average (SMA), confirming its current long-term bullish outlook. Assuming the bulls maintain momentum, PEPE could overcome its 50-day SMA at $0.00000719.
Moreover, the RSI (relative strength index) reading is currently rising to 51. If the buying trend continues, RSI could soar into the 70 overbought region, showing continued investor optimism.
Pepe price prediction
Pepe price analysis indicates a sustained breakout where the price exceeds the upper limit of the channel. With RSI rising and the golden cross at $0.00000682, PEPE bulls are targeting $0.0000090.
However, if the bears continue to apply more pressure, Pepe could go back to $0.00000533 and act as a buffer against downward pressure.
Meanwhile, as the price of Pepe soars, investors are also flocking. DOGEVERSEMeme Coins, currently in pre-sale, have raised over $13 million in less than a month.
This is one of the main reasons why cryptocurrency analysts like Jacob Bury believe Dogeverse has the potential to rise 100x upon launch.
Dogeverse: A promising 100X gem?
The project is the world’s first chain-moving Doge, a crypto token designed to operate seamlessly across multiple blockchains. Investors can easily purchase tokens from Ethereum, BNB 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 project’s mascot, Cosmo the Doge, is capable of hyperjumping between cryptocurrency networks, giving Dogeverse the ability to move between chains, making the token widely accessible and increasing its utility within the cryptocurrency space.
This project also dynamic staking, It boasts an impressive Annual Percentage Yield (APY) of 85%.
You can participate in the pre-sale by purchasing $DOGEVERSE for $0.000305 per token. However, the price is expected to increase within the next 23 hours, so purchase quickly.
Buy $DOGEVERSE on the official website here. Use ETH, USDT or bank card.
Related news
Dogeverse – Multichain Meme Coin
- Early access presale is live now.
- Bridge to Solana, base, BNB chain, polygon, avalanche
- Staking Rewards – thedogeverse.com
- Trade with low fees
- World’s first chain travel governor – Cosmo
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