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front pageToday's NewsSLERF Price Prediction Expert Says Considering PEPE 20 M

SLERF Price Prediction Expert Says Considering PEPE 20 M

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Slerf price has dropped by 15% in the past 24 hours and is currently trading at $0.1983. At 8:45 a.m. EST, trading volume surged by 30% to $43 million.

Like most other cryptocurrencies, SLERF prices fell as the market's bearish volatility took hold. Bitcoin fell below $60,000 for the first time since late February, sparking strong bearish sentiment, and very few cryptocurrencies have the strength to resist this trend.

As for the SLERF price, it has been fluctuating between the $0.20 support and $0.50 resistance levels over the past few months, often only reaching halfway to the resistance level before losing momentum and falling back to the support level again. Now, the support level seems to have finally been broken, pushing the SLERF price to a new all-time low, and its future is full of uncertainty.

Slerf Price Prediction
Despite the long period of price decline for SLERF, technical indicators show that the situation is unlikely to improve in the short term. The project's Bollinger Bands, which recently expanded significantly when the price plummeted, have narrowed faster in the past few hours than at any time this week. The price continues to break through the lower band, pushing it further lower. This is a strong bearish signal, especially when combined with the project's RSI indicator, indicating that a recovery is unlikely.

The Relative Strength Index value for Pepe Unchained has entered the oversold zone several times over the past two days, with only brief recoveries to the neutral zone as some traders took advantage of the opportunity to buy low. However, even the slightest recovery would lead them to take profits and sell again, as clearly shown by the declining RSI value. Now, the RSI score has once again dropped from the neutral zone to the oversold zone, further suggesting that another round of price declines could be in the cards in the coming hours.

Promising alternatives to Slerf
While SLERF appears to be in free fall at current prices, there are still safe alternatives for investors to enter what could be the most rewarding “memecoin” sector in the cryptocurrency industry so far in 2024.

The answer is to look for promising pre-sale projects that are protected from market volatility before their launch.

One such promising project currently in presale is Pepe Unchained (PEPU), a new Pepe-themed coin that claims to be a superior version of the original Pepe token. It is also the first Pepe cryptocurrency to run on its own blockchain.

The blockchain involved is a Layer 2 chain built on top of the Ethereum Layer 1 network. As Ethereum is one of the most secure blockchains in the industry, Pepe’s L2 chain inherits this feature, but unlike Ethereum-based memecoins, which are limited by slow network speeds and major fees, Pepe Unchained’s L2 blockchain is scalable, fast, and cheap.

In addition to the lowest transaction fees, it also offers higher transaction capacity, claims to be 100 times faster than ETH, and can achieve instant bridging between ETH and Pepe chain. Finally, it also comes with its own blockchain explorer for added transparency.

Congratulations to those early adopters who grabbed Pepe Unchained at the perfect time!

Join before the next phase begins!

pic.twitter.com/ykaW2rAwho

— Pepe Unchained (@pepe_unchained)

July 3, 2024

The project quickly attracted the attention of investors, raising more than $2.2 million in just 19 days.

It’s worth noting that interest in Pepe Unchained is growing and has attracted the attention of well-known crypto YouTubers like Jacob Crypto Bury, who recently told his 41,000 subscribers that PEPU could be the next 10x Pepe replacement.

Currently, PEPU tokens are priced at $0.0082596 each. For those interested in joining, buying PEPU now is the best option because in less than two days the price will increase.

Purchase PEPU on the official website using ETH, BNB, USDT or credit/debit cards.

Related articles:
How to Buy Pepe Unchained – $PEPU Presale Review
Pepe Unchained raises $1.1 million in a week, Pepe's final boss reveals himself
Pepe Unchained Quickly Surpasses $2.2 Million — Will $PEPU Become the Next 10x Meme Coin?
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