Pepe Coin Price Prediction: Cutoshi’s Community Rallies Behind Them As They Get Closer To Stage 3 Of Their Presale
The post Pepe Coin Price Prediction: Cutoshi’s Community Rallies Behind Them As They Get Closer To Stage 3 Of Their Presale appeared on BitcoinEthereumNews.com.
Disclaimer: This content is a sponsored article. Bitcoinsistemi.com is not responsible for any damages or negativities that may arise from the above information or any product or service mentioned in the article. Bitcoinsistemi.com advises readers to do individual research about the company mentioned in the article and reminds them that all responsibility belongs to the individual. Meme coins have been some of the best performers in the 2024 crypto bull run, with PEPE up by 1457% this year. A few days ago PEPE rose above the $0.000009 resistance level, can this bullish rally continue? Cutoshi is a new meme coin in presale, that combines DeFi principles with the virality of memes. It has investors excited due to its unique utility, but can it make it to stage 3 of its fundraising? Will PEPE Make New Price Records Or Struggle To Fight Bearish Indicators? Youtuber More Crypto Online recently used Elliot Waves technical analysis to suggest that PEPE is well on its way to a breakout, with a fourth and fifth wave becoming likely to form on the charts. As PEPE continues its impressive rally, experts are analyzing its next moves. With a current price of around $0.00001039, PEPE is flirting with a significant buy-the-dip opportunity, especially as it approaches the 50% Fibonacci retracement level. A daily close above $0.000011 could ignite a bullish surge, potentially propelling PEPE to $0.0000134 – an anticipated 22% gain. Despite this optimistic outlook, some technical indicators raise caution. The NVT ratio has spiked, suggesting potential overvaluation and signaling that the price may not be supported by sufficient transaction activity. Additionally, PEPE has struggled to clear the resistance at $0.00001146, and bearish sentiment is creeping in, with recent declines in open interest and a concerning RSI below the neutral mark. People who bought PEPE early are…
Filed under: News - @ October 23, 2024 1:20 pm