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Kamala Harris’ price has risen by more than 23% in the past 24 hours and is trading at $0.00002386 as of 7:55 a.m. ET as investors flock to buy the meme coin.
The surge in Harris's price comes as Democratic candidate Kamala Harris prepares to unveil her vice presidential running mate for the 2024 U.S. presidential election. She is said to be choosing between Pennsylvania Governor Josh Scipiro and Minnesota Governor Tim Waltz.
Kamala Harris Price Tests Key Support Level
HARRIS/USD 4-hour chart (Source:
GeckoTerminal
）
Kamala Harris’ price is hovering at the critical support level of $0.00002362 after being rejected by the resistance level of $0.00003376 in the past 16 hours. If the memecoin closes below $0.00002362 in the next 12 hours, it could face the risk of falling to the next mark of $0.00001532.
In the next 12 hours, HARRIS could prevent the bearish scenario from happening if it can stay above $0.00002362. In this alternative scenario, traders can view the current price of memecoin as a buying opportunity. With this potential buying momentum, Kamala Harris’ price could challenge the aforementioned $0.00003376 resistance level once again.
A break above $0.00003376 could provide HARRIS with a technical basis to continue rising over the next 24 hours. This could lead to Kamala Harris’ price rising to $0.00004390 in the short term.
Kamala Harris’ Price Is About to Trigger a Major Bearish Technical Signal
There are currently two major bearish technical signals about to be triggered, which could suggest a shift in momentum in favor of sellers. Traders will be closely watching the moving average convergence divergence (MACD) indicator and the 9- and 20-day exponential moving average (EMA) lines.
In the past few hours, the MACD line has crossed above the MACD signal line. Traders often view this as a sign that the cryptocurrency is entering a short-term positive trend. However, the MACD line has since fallen back to around the MACD signal line, which could result in a crossover. If it falls below again, it could indicate that sellers are regaining control.
Meanwhile, the 9-day EMA has fallen back to the 20-day EMA. If the gap between these two technical indicators continues to narrow, it may only be a matter of time before the 9-day EMA crosses below the 20-day EMA line, which will signal bearish momentum.
Investors are turning to buy as Kamala Harris’ price struggles to stay above the $0.00002362 support level
Pepe Unchained (PEPU).
PEPU is a pre-sale project, well-known YouTuber
ClayBro recently told his 130,000 subscribers that it could be “the top meme coin that’s about to rise.”
Unleashing the True Potential of PEPE
Pepe Unchained (PEPU) is a memecoin project that aims to unlock the true potential of PEPE. Until now, this popular frog-themed token has been constrained by the scalability limitations of the highly congested Ethereum network, which has caused PEPE holders to pay higher fees in exchange for slower transaction speeds.
To solve this problem, Pepe Unchained will move PEPE to a dedicated second-layer network, which will also move the token's transaction processing out of the Ethereum mainnet. PEPU token holders will therefore enjoy lower network fees and transaction speeds 100 times faster than Ethereum. Pepe Unchained is also equipped with its own blockchain browser.
Although the project aims to migrate PEPE from the Ethereum network, investors will still be able to seamlessly transfer value between Pepe Unchained and the Ethereum blockchain.
Investors turn to Pepe Unchained during recent market crash
Despite the recent cryptocurrency market crash, Pepe Unchained has raised over $700,000 through its successful ICO over the past 3 days, bringing the total to over $7.4 million.
Look! Pepe the Chain Breaker! ⛓️
pic.twitter.com/HZ61lgQ1A0
— Pepe Unchained (@pepe_unchained)
August 6, 2024
In addition to the fact that PEPU has not yet been exposed to the public market, investors may also have turned to the project due to the 263% annualized rate of return it offers in its early stages.
To unlock these rewards, investors can acquire tokens through the purchase widget on the Pepe Unchained homepage.
The token can be purchased using Binance Coin (BNB), Tether (USDT), Ethereum (ETH) and bank cards, and is currently priced at $0.0089105.
If you are interested, buy it soon because the price will go up in less than 1 day.
Purchase and stake PEPU here to get up to 263% annual rewards.
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