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Pepe's price leap more than 6% in the last 24 hours to trade at $0.000005244 at 8:35 am EST, as investors re-enter the charts of the frog-themed cryptocurrencies.
Despite the meme coin's recent 24-hour gain, it remains in the red for the past week with a 26% drop, and is also down 21% in 30 days.
Pepe Price stuck in consolidation
4-hour chart for PEPE/USDT (Source: x/Ae9I919v/”>TradingView)
He Pepe The price has been in a consolidation phase between $0.00000455 and $0.00000560 for the past few days. This period of sideways trading could be a precursor to a strong move in the coming days. If PEPE breaks the $0.00000560 barrier, the meme coin could have the necessary foundation to continue rising. Subsequently, traders could push the price of Pepe up to $0.00000730 in the short term.
On the other hand, the crypto falling below the $0.00000455 support could put the cryptocurrency at risk of plummeting in the next 48 hours. In this bearish scenario, PEPE could fall to $0.00000361.
Technicians Suggest Pepe Price Could Continue Rising
The technical indicators on the PEPE 4-hour chart suggest that Pepe price could rise in the next 24 hours. This is because the Relative Strength Index (RSI) line recovered from the Simple Moving Average (SMA) line in the last 24 hours. With the RSI positioned above the SMA line, it seems that the buyers have the advantage over the sellers. The bulls could also be strengthening, as indicated by the widening gap between the RSI and SMA lines on the 4-hour chart.
PEPE is also currently in a positive short-term trend, as evidenced by the Moving Average Convergence and Divergence (MACD) indicator. The MACD is currently in a bullish position above the MACD signal line, suggesting quite positive momentum. In addition to this, the MACD line is also separating above the MACD signal line. Traders could see this as a sign that PEPE The positive momentum shows no signs of slowing down.
As PEPE tries to maintain its positive streak, investors are starting to turn their attention to 99Bitcoins and its long-awaited pre-sale.
Offering investors the opportunity to earn by learning
99Bitcoins is an established cryptocurrency and blockchain educational platform that launched in 2013. With over 700,000 YouTube subscribers and 2 million registered users on its platform, 99Bitcoins has become one of the best educational resources in the Web3 space.
The platform team is now looking to grow its ecosystem with the long-awaited launch of its own cryptocurrency. With this token, 99Bitcoins introduces a pioneering Learn to Earn model, meaning that platform users will soon be able to earn cryptocurrency by brushing up on their knowledge.
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As users complete courses and interactive learning experiences, they will unlock additional content. This will later give them the opportunity to earn more cryptocurrency.
The next BRC-20 token to explode?
99BTC, the native token of the 99Bitcoins ecosystem, will initially launch as an ERC-20 cryptocurrency. But the team plans to bind the token to the BRC-20 token standard as a central focus of the project's roadmap.
Subsequently, 99BTC will join the burgeoning ecosystem of decentralized applications and projects built on the bitcoin blockchain.
Investors are rushing to purchase 99BTC during this early stage, and 99Bitcoins has already raised over $541K through its pre-sale.
The cryptocurrency sells for $0.00101 and can be purchased using eth, USDT, BNB, or bank card. Don't wait too long to buy if you are interested because the price will increase in less than four days.
Buy 99BTC here to get access to a staking program that offers an annual return of 3,679%.
Related Posts:
99Bitcoins (99BTC) – New token to learn how to earn
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