Pepe Price Prediction: PEPE surges 4% as this Dogecoin 2.0 pre-sale gives investors one last chance to buy before launch | Trending Viral hub

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Pepe price rose 4% to trade at $0.00000786 at 01:18 am EST.

Trading volume is up 20% with PEPE trending on CoinMarketCap along with Fecth.ai (FET) as one of the industry’s top performers for meme coins and AI tokens, respectively. This is largely attributed to the strength seen in the price of Bitcoin (BTC), which continues to hold well above the $69,000 threshold.

If Bitcoin price extends north, Pepe price could also respond in the same way, with more gains. However, many traders and analysts are watching from the sidelines with a tendency to short the BTC market.

For Pepe price, this bias is reflected in the price consolidating within a rising or ascending wedge pattern. A rising wedge in an uptrend is often considered a reversal pattern. This pattern is found at the end of a bullish wave, creating nearby price highs, which shows that supply has intensified and there is a possibility of a trend reversal.

This technical formation is a bearish chart pattern that is at the end of an uptrend and suggests a possible trend reversal.

Pepe Price Prediction as PEPE Consolidates in a Bearish Technical Formation

Pepe price has been consolidating along the 50% Fibonacci placeholder at $0.00000791 for weeks now. With permanent horizontal resistance at $0.00000950 and support due to an ascending trend line, Pepe price action has consolidated within a rising wedge pattern.

This technical formation precipitates a reversal, with technical indicators already leaning in favor of the downside. To begin with, the Relative Strength Index (RSI) appears tenuous, flirting with a crossover below its signal line. This bearish crossover is often interpreted as a sell signal.

The histograms of both the Awesome Oscillator (AO) and the moving average convergence divergence (MACD) are also flashing red as they move into negative territory. This points to a growing bearish trend.

Further selling pressure could cause Pepe price to fall below the ascending trend line, with possible support found at $0.00000656. If Pepe price tests this support level, it is likely to move below it to achieve a liquidity sweep before the next leg higher.

In a severe case where the bulls fail to recover, Pepe price could extend the decline to the bottom of the market range at $0.00000493. Such a move would constitute a drop of around 37% below current levels.

Pepe

TradingView: PEPE/USDT 12-hour chart

On the other hand, if the bulls increase their buying pressure, Pepe price could extend the gains towards the $0.00000950 resistance level. In a very bullish case, profits could be extrapolated to the peak of the market range at $0.00001089. This would be an increase of around 38% above current levels.

Meanwhile, as Pepe price prepares for a breakout, investor attention has shifted to DOGE20, which is giving investors one last buying opportunity before the price soars.

Promising alternative to PEPE

Meme coin prices are rising again and Bitcoin price is showing strength. According to Crypto Gains, Dogecoin20 stands out as one of the hottest coins memes on the market right now. Investors have one last chance to join the Dogecoin20 pre-sale ahead of its DEX launch on April 20, with the project already raising over $10 million and pre-sale tokens sold out.

Dogecoin20 aims to be the improved version of Dogecoin, addressing its weaknesses and offering a new opportunity for those who missed it before. Not surprisingly, it quickly sold out of its pre-sale tokens, showing strong demand for the meme coin.

DOGE20

Dogecoin20 brings on-chain staking to the Dogecoin ecosystem, providing Passive income options for regular investors. Even those who purchased during the pre-sale can stake their coins and start earning rewards, currently with an annual percentage yield (APY) of 84%.

Meme coin fans have designated April 20 as International Doge Day, leading to an annual increase in interest in meme coins around this time. This date is important because it is believed to be Elon Musk’s favorite day.

Dogecoin20 Tokenomics

Dogecoin20 has a fixed token supply, limited to a maximum of 140 billion tokens. This helps address inflation concerns while increasing investor confidence. The project technical document establishes a transparent distribution plan, focusing on equity and community participation. 25% of the token supply is reserved for pre-sale, ensuring fair access for early backers.

DOGE20 Tokenomics

Another 25% goes towards marketing efforts, and 15% goes towards staking rewards to encourage token usage. Additionally, 10% is set aside to provide liquidity on decentralized exchanges, making trading easier. The remaining quarter goes to the project treasury, ensuring long-term sustainability and secure funds for future needs. Furthermore, as a ERC-20 tabDogecoin20 is compatible with several Ethereum-based wallets and platforms, making it easy for newcomers to transact tokens.

With pre-sale tokens now sold out after reaching the $10 million hard cap, the potential for exponential growth post-launch is undeniable, with experts like Crypto YouTuber Jacob Bury anticipating 100x growth.

DOGE20 sells for just $0.00022 and can be purchased using ETH, USDT, or bank card. BNB is also available as a payment option for investors who do not avoid the high fees of the Ethereum network.

Interested investors should act quickly because the last buying opportunity could end at any time.

Visit and buy DOGE20 here.

Also read:

Smog (SMOG) – Meme Coin with Rewards

smog sheet
  • 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

smog sheet


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