Pepe Price Prediction: PEPE Sinks 7% as Traders Migrate to This Solana Meme Coin with CEX Listing Imminent| Trending Viral hub

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Pepe’s price has plummeted 7% in the last 24 hours to trade at $0.000007206 at 7:20 a.m. EST with a 23% drop in trading volume to $738 million.

PEPE was dethroned last week by Dogwifhat (WIF) as the third-largest meme coin by market cap, and now trails meme coin sensation Solana by nearly $1 billion.

Pepe Price consolidates into a bullish pennant

pepe price

PEPEUSDT Analysis by Tradingview

Pepe price is currently trading below its all-time high of $0.00001064. However, it indicates some positive rebound signs within a bullish pennant pattern. This pattern suggests that Pepe’s bullish trend could continue.

Pepe price is rising within this pennant, recovering from the lower trend line. Furthermore, the price has crossed slightly above the 50 and 200 simple moving averages (SMA) on the 4-hour chart, which could signal the beginning of a bullish rally as buyers become more active.

The Macd indicates a bounce below the neutral level when the blue line crosses the orange signal line. Furthermore, the histogram indicates positivity near the neutral level.

The Relative Strength Index (RSI) indicates a reversal at the oversold level of 30 towards the midline level of 50. Further momentum should cause the RSI to rise to overbought, indicating intense buying pressure.

pepe price

Pepe Price’s bullish pennant signals a rebound

The bullish pennant suggests that the uptrend could continue, potentially increasing the price. If the price continues to recover from the pennant’s lower trend line, it could help buyers break through the resistance level at the previous all-time high of $0.00001064 to reach a new high of $0.00001525.

However, if the sellers take control, there is a chance that the price could fall below the pennant’s lower boundary, reaching around $0.00000661, which would trigger a pullback by buyers towards the support zone at around 0.00000450 USD.

Meanwhile, investors are scrambling to get their hands on $SMOG to capture the positive sentiment that will likely be boosted by the token’s impending listing on MEXC.

The smog The meme coin on Solana continues to attract significant investor interest ahead of its listing. at MEXC at 6:50 am UTC on April 4, with trading beginning at 9 am UTC.

Don’t Miss the SMOG Season 2 Airdrop and Stake

With season 1 of a $1 million airdrop now closed, SSeason 2 will start tomorrow. Unlike Season 1, which focused on completing quests on Zealy, Season 2 will place greater emphasis on chain trading. This means that the greater the volume held or traded, the greater the airdrop rewards in Season 2.

In addition to the airdrop giveaways and the likely price increase from listing on MEXC, SMOG holders can also stake their tokens to earn a 42% annual return. The developer has also hinted that another CEX listing may be imminent, perhaps as soon as this week.

Buy Smog tokens using SOL, USDT or BONK here.

Related Posts

Smog (SMOG) โ€“ Meme Coin with Rewards

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  • First Airdrop Season Available Now
  • Earn XP to qualify for a share of $1 million
  • Featured on Cointelegraph
  • Staking Rewards: 42% APY
  • 10% discount on free sale – smogtoken.com

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