In the past 24 hours, Pepe price has increased by 11% and is trading at $0.000008136 as of 9:25 AM EST. Traders are buying PEPE, driving its price up.
Pepe price stabilizes at recently flipped levels
PEPE/USDT 4-hour chart (Source: TradingView)
Over the past 24 hours, Pepe price has managed to break through the $0.00000802 resistance and is currently trading just above this important price point. If today’s session closes above this threshold, it could set the stage for Pepe price to continue to rise over the next 48 hours.
This could allow the memecoin to attempt to challenge the next resistance level of $0.00000928 in the near term.
Conversely, if today’s daily candle closes below $0.00000802, it could put the cryptocurrency at risk of a move to the next critical support level at $0.00000712. Despite this potential threat, there is a medium-term positive trendline in place that could act as the last line of defense before Pepe price reaches this support level.
A breakout of the uptrend line could be disastrous as traders might panic-sell their altcoin holdings. This could force PEPE to fall to a low of $0.00000631 in the coming days.
Technical indicators favor Pepe price
Technical indicators on PEPE’s 4-hour chart suggest that the cryptocurrency’s price could continue to rise. However, they also show that the memecoin’s bullish momentum has slowed over the past 12 hours.
Both the Moving Average Convergence/Divergence (MACD) and the Relative Strength Index (RSI) point to continued growth in Pepe’s price. The MACD line is above the MACD signal line, which traders often view as an indicator that the cryptocurrency is in a positive cycle.
However, the trend may be weakening as the gradient of the MACD histogram has turned negative. Nevertheless, the RSI is above its simple moving average. The former is also moving away from the latter, which may be considered as a sign of increasing buyer advantage.
Investors are rushing to buy Dogecoin 20 as Pepe price attempts to surge to the next resistance level.
The next Dogecoin?
Dogecoin was launched as a joke cryptocurrency in December 2013. Its developers certainly didn’t expect the meme coin to take off in the way it did, building a large and loyal fan base that includes Tesla and SpaceX owner Elon Musk.
This ultimately made DOGE the largest meme coin by market cap, a title it still holds to this day, according to data from CoinMarketCap.
Soon after its creation, Dogecoin developers abandoned the project, causing the cryptocurrency’s development to stagnate. That’s where Dogecoin 20 comes in, as it marks the first major update to the brand and technology since Dogecoin entered the crypto market.
The #DOGE20 is more than just another Shiba Inu-inspired spinoff.
Adhering to the principle of Dogecoin to only do good things every day, it provides passive income through on-chain staking.
Welcome a greener and more sustainable future with the world's most loved #Memecoin!
pic.twitter.com/zqlONodRPB
– Dogecoin20 (@DOGE_COIN20)
March 14, 2024
DOGE 20 was launched on the Ethereum blockchain as a more sustainable alternative to its predecessor. In addition to this, it also has a limited supply of tokens. Therefore, compared to DOGE, which has an unlimited supply of tokens, the price of DOGE 20 has a greater potential to grow.
Investors are betting high on the potential of Dogecoin 20 to join the elite ranks of memecoins, as evidenced by the fact that its presale has already raised over $5 million. In addition to hoping for a promising speculative trade, investors may also rush to buy Dogecoin 20’s token, DOGE20, to earn an annualized return of 196% currently offered through its staking program.
Anyone who wants to participate in this meme coin with almost unlimited potential can do so by visiting the official website of Dogecoin 20. There, investors need to connect their Web3 wallet to the platform. Tokens can then be purchased using ETH, BNB, USDT or bank cards.
DOGE20 can be purchased here.
Related articles:
Top 5 Cryptocurrencies to Watch in 2024: Top 5 Cryptocurrencies with High Potential
SEC Investigates Ethereum's Status, Bloomberg Cuts Odds of Approving Ethereum ETF in May
Meme Book Price Prediction: BOME drops 5%, investors flock to this Dogecoin 2.0 presale, offering an annual return of 205%
Green Bitcoin - The Award Winning Green Staking Game
Rating
Contracts audited by Coinsult
Early Access Presale Now Live - greenbitcoin.xyz
Predict and Earn - Featured in Cointelegraph
Staking Rewards and Token Bonuses
Over $7 million raised - closing soon
learn more
Join our Telegram channel to get breaking news coverage as it happens.
English 
Chinese (China) 
Chinese (Hong Kong) 