The post Viral ERC-20 Token Amongst Pepe Coin And Popcat As The Best Meme Coins To Buy Now appeared on BitcoinEthereumNews.com.

With their recent rally, Pepe and Popcat have surged enormously, providing substantial returns to investors. These altcoins lost their momentum but are again hinting at another price surge. In addition to these, the ERC-20 token Cutoshi (CUTO) is an excellent contender for outperforming the markets and creating tremendous wealth. Is PEPE On The Cusp Of Another Rally? After over five months of declining price action, Pepe had a massive rally last month and surged over 200% within 10 days. Despite the enormous upward momentum, Pepe faced a significant rejection from the $0.000025 price level and corrected over 30% to the $0.00001735 support level. Pepe entered a range-bound price action between this support and $0.000023 but broke out of this resistance and reached the All-Time High (ATH) at $0.00002825. Since this new ATH, Pepe has been trapped in a symmetrical triangle pattern and trades at $0.00002412 with a 4.12% intraday surge. Due to the slow price action in the triangle consolidation, the MACD oscillator indicates a slight increase in bearish pressure, dropping below the signal line. Yet Pepe surfs above the 10-day and 20-day Simple Moving Averages (SMAs) and takes support at $0.000024. The price is near the apex of the triangle pattern and Pepe can surge again if demand returns. Popcat Drops To Crucial Support: Will The Demand Surge? Popcat moved in an uptrend channel for over two months since August 2024 until the price steadily rose to $1.75. At this point, bearish pressure increased, pulling the price below the channel’s lower trendline. Popcat dropped fast but reversed sharply from the support level at $1.17 and surged over 70% to reach the current ATH at $2.07. However, Popcat faced rejection in this region from the upper trendline of the uptrend channel and consolidated below the $2 price level for a…

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Filed under: News - @ December 30, 2024 11:18 pm