The Government Efficiency sector’s price surged 12% in the past 24 hours and was trading at $0.2445 as of 02:44 EST on a volume of 11% down to $11.8 million.
Government Efficiency Sector Prices Aim for Bullish Trend Reversal
After a parabolic rally in mid-November (green arrow), the price of Government Efficiency entered a descending channel pattern, showing consolidation after the rally. According to GeckoTerminal, the current candlestick chart appears to be attempting an upside breakout as the current price has surpassed the triangle resistance level of approximately $0.2660.
Although the Government Efficiency sector’s price remains below its 50-day simple moving average (SMA), its price is elegantly above its 200-day SMA, which supports the overall bullish bias.
The Relative Strength Index (RSI) is neutral, indicating neither overbought nor oversold conditions. However, it is moving up from the midline, suggesting that bullish momentum is gaining momentum. If it breaks above 60, it will give a stronger buy signal.
The MACD line is slightly above the signal line (0.0013 vs. -0.0121), indicating a possible bullish crossover. The histogram is moving towards the positive territory, suggesting that bullish momentum may be gaining momentum.
The price is attempting to break out of the resistance of this triangle. If confirmed, the next target could be the previous high, which is around $0.400 to $0.500.
DOGEUSD chart analysis source: GeckoTerminal
Meanwhile, if the bears take control of the price at this level, the Government Efficiency Sector price could drop to the main support of the 200-day SMA at $0.157.
As DOGE’s price surges, Pepe Unchained (PEPU) is another token that has quickly gained traction after raising over $40 million in funding, entering the final 18 days of its presale.
YouTube channel 99Bitcoins, which has over 706K subscribers, says it has the potential to turn $1,000 into $10,000 after its launch.
Last chance to buy Pepe Unchained before listing on major exchanges
Pepe Unchained is the latest meme coin to attract widespread attention, having raised over $40 million in its pre-sale phase.
Funds are flowing into the project at an accelerating rate, putting Pepe Unchained on track to raise more than $50 million before its launch.
The team has set a countdown for the presale, which currently shows that Pepe Unchained’s presale will end in about 18 days, followed by listing on a primary exchange.
After its epic presale, one of the most successful ever, there was speculation that PEPU might get a Coinbase or Binance listing.
We have received approaches from several Tier 1 exchanges interested in $PEPU.
While this is an exciting opportunity that will drive awareness and liquidity, it also requires careful planning to ensure an optimal rollout.
— Pepe Unchained (@pepe_unchained) September 18, 2024
It is equipped with a proprietary Layer 2 blockchain that provides faster and more cost-effective transactions for Pepe ownership, positioning it as a possible competitor to its predecessor Pepe ($PEPE).
The idea behind the project is to free Pepe from the limitations of its old, clunky Ethereum Layer 1 server.
Are you ready to join? There are more chains to break. ⛓
Pepe will support you. pic.twitter.com/mDPOaCIA47
— Pepe Unchained (@pepe_unchained) November 15, 2024
The development team has ambitious goals, having recently launched Pepe’s Pump Pad, a memecoin launchpad that will compete with Solana’s Pump.fun.
Token holders can also earn passively through the platform’s staking system, with an annual percentage yield (APY) of 64%.
You can buy $PEPU token for $0.01295 each. To join the most successful presale of the year, buy $PEPU with ETH, USDT or bank card on the official website.
English 
Chinese (China) 
Chinese (Hong Kong) 