The Pepe Price on the Rise
The Pepe price surged 22% in the last 24 hours to trade at $0.00000145 with a 79% increase in trading volume to $250 million.
The Pepe Price Trading Within A Rising Channel
The support level for Pepe Coin at $0.0000006040 has set the stage for a positive upward momentum in the price, propelling it within a rising channel.
Despite attempts to breach the upper boundary of the channel, the Pepe price witnessed a decline in value. However, the bulls seem resilient as they push up from the lower boundary of the channel at $0.000001114.
The relative strength index (RSI) is trading upwards at 57 above the 50 midline level, indicating intense buying pressure. A further push in the bullish momentum could see the RSI enter the 70 overbought level.
The Pepe Price Prediction
Investors are optimistic as the Pepe price remains above both the 50-day and 200-day Simple Moving Averages (SMAs). The formation of the golden cross confirms the ongoing bullish rally.
With support from the 50 SMA at the lower boundary of the rising channel, the bulls may drive the price higher, targeting $0.000002857 and aiming to surpass the previous high at $0.000001779.
Bears could cause the price to drop below the channel and approach the support zone at $0.0000008363. You might also consider the potential in Meme Kombat and Sponge V2, two meme coins that experts say could offer up to 100X gains.
Meme Kombat Presale Racing Toward Its $8M Target
The Meme Kombat (MK) presale has successfully garnered more than $6.6 million of its $8 million target, offering each token at a discounted rate of $0.279.
The platform is offering AI-generated battles by bringing together GameFi and meme characters. This unifying factor allows you, as a player, to wager on your preferred meme characters, giving you a chance to get rewards when your chosen characters win.
Meme Kombat has witnessed a growing community rallying behind the MK coin. It has over 16K members on X and more than 7,000 members on Telegram.
Buy MK Tokens, Stake, Win A 25,000 Giveaway
The platform is hosting a live AMA (Ask Me Anything) at 18:00 CET, featuring a 25,000 USDT giveaway and unveiling some intriguing details about the game.
You also have a chance to stake your acquired MK tokens, which guarantees you a 143% annual percentage yield (APY). Many investors are anticipating considerable returns as they anticipate playing in season 1 of Kombat.
Jacob Bury, a crypto analyst and YouTuber, has featured the Meme Kombat and explains how you can benefit from the staking process and play-to-earn feature, anticipating a potential 10X increase in value upon launch.
To buy MK tokens, visit the official Meme Kombat website, connect your Web 3 wallet, and exchange your ETH, USDT, or BNB for MK tokens there.
Hot Take
Overall, the Pepe price is on the rise within a rising channel, and investors are optimistic about its bullish rally. Alongside, Meme Kombat is gaining traction with its presale and growing community, offering an exciting opportunity to buy MK tokens, stake, and win a 25,000 giveaway. Both Pepe and Meme Kombat present potential opportunities for gains in the crypto market.
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