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Pepe Coin (PEPE)

Analyst Forecast Final Dip For Pepe Coin Price Before 30% Surge

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3 weeks ago

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During Tuesday’s trading session, the crypto market saw substantial inflows as Bitcoin surged past the critical $70,000 level. Amid this renewed momentum, the meme coin sector, known for its volatility, displayed notable moves. In particular, the frog-themed meme coin jumped 3.7%, testing a four-month resistance. However, analysts suggest a final dip in Pepe coin price may occur before a major rally unfolds.

Pepe Coin Price Poised for Final Dip Ahead of Projected 30% Rally

In a recent tweet, market analyst CryptoDoc highlights the Pepe coin price resonating mainly within two converging trendlines of the daily chart. This consolidation reveals the formation of a bullish continuation pattern called a symmetrical triangle pattern. 

Theoretically, the converging trendlines provide a temporary break for the prevailing trend to build its momentum before the next. In the last four days, the Pepe price rebounded from the pattern’s support trendline at $0.0000084 to $0.00000852, registering a 13% jump. Consequently, Pepe’s market cap surged to $4.01 billion.

Despite the bullish trajectory, the analyst predicts a small retest or final dip to the green zone support, coinciding with the pattern’s lower trendline.

If history repeats, the bottom support should replenish the bullish momentum for the PEPE price and push it to nearly 17% to challenge the overhead resistance. A successful flip of this overhead trendline into potential support could push the asset to $0.000012, registering an almost 30% growth.

PEPE pricePEPE price
CryptoDoc

Check out the article on top meme coins to buy for a detailed analysis.

Traders Back Bulls as Funding Rate and Open Interest Surge

According to data from Coinglass, the open interest (OI)-weighted funding rate has recently surged to $0.0139, indicating that buyers are paying a premium to maintain their long positions. This spike suggests a strong bullish sentiment in the market, with buyers showing confidence in further price appreciation.

PEPE OI-Weighted Funding Rate

Additionally, the futures open interest has shown a recovery trend, climbing from a recent low of $60.566 million to its current level of $132.7 million, marking a 119% percentage growth. Elevated open interest levels typically signal heightened trading activity, amplifying market movements and potentially contributing to increased volatility.

Pepe Coin pricePepe Coin price
Futures Open Interest | Coinglass

On the contrary, if sellers breach the bottom trendline, the bearish momentum will invalidate a breakout thesis to drive an extended consolidation.

Frequently Asked Questions (FAQs)

The OI-weighted funding rate recently surged to $0.0139, suggesting that buyers are paying a premium to maintain their long positions

If sellers breach the bottom trendline of the symmetrical triangle, it would indicate a shift in momentum, invalidating the breakout thesis and potentially leading to extended consolidation.

Analysts expect a brief dip in Pepe Coin’s price to test support and regain bullish momentum. This dip is seen as a setup for a potential 30% rally

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Sahil Mahadik

Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Ethereum coins

Top 5 Ethereum Tokens to Buy to Turn $1K to $1M in November

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1 week ago

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November 14, 2024

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The cryptocurrency market is heating this November, spotlighting promising Ethereum tokens to buy for potentially monumental returns. Several tokens are drawing significant interest due to recent price surges, with investors eager to turn a modest $1k to $1M investment into substantial gains amid a strong market upswing.

Top 5 Ethereum Tokens to Buy This Month for Huge Returns

The crypto market shines optimistically as Bitcoin reaches an all-time high of $90K, while Ethereum surpasses $3,100. Investors are eyeing top Ethereum-based tokens, seeking substantial gains. Here are the top 5 tokens worth considering this month.

Pepe (PEPE)

Pepe (PEPE), a popular meme crypto on Ethereum, has captured attention with a massive 1882% surge over the past year. The latest PEPE price is at $0.00002255. It showed impressive gains this November, reaching an all-time high on November 14. This achievement places it among the top five Ethereum tokens to buy, poised to transform $1,000 into $1 million this month. 

Bullish momentum reminiscent of May’s highs has traders eager, especially with potential gains rotating from Dogecoin (DOGE). Anticipation of a Coinbase listing could propel PEPE further, with its market cap briefly touching $10 billion after a 75% single-day surge.

Aureal One

Aureal One has launched its much-anticipated cryptocurrency presale, drawing significant investor attention with its pioneering metaverse platform. Combining blockchain technology with immersive virtual experiences, Aureal One creates a seamless blend of gaming, the metaverse, and real-life applications within a single ecosystem.

 At the heart of its platform are two innovative projects, DarkLume and Clash of Tiles, which leverage the Aureal One Blockchain’s advanced features to offer dynamic, interactive experiences. This venture promises to foster growth, connectivity, and meaningful engagement in the metaverse, positioning Aureal One as an appealing choice for investors in the expanding realms of virtual reality and blockchain technology.

AurealOneAurealOne
AurealOne

Shiba Inu (SHIB)

Shiba Inu (SHIB), an Ethereum-based cryptocurrency, has made remarkable strides in decentralized finance. Over the past year, the SHIB price has risen by 204%, now trading at $0.00002512. This impressive growth stems from increasing trading volumes, strategic token burns, and the launch of Shibarium, a layer-2 blockchain solution. 

Recent data shows that in the last 24 hours, 7.46 million tokens were burned, reflecting a 42.16% drop. Weekly burns reached 626 million tokens, down by 89.14%. These developments highlight SHIB’s potential for substantial gains, positioning it as an appealing choice for investors seeking high returns.

Render (RNDR) 

Render (RNDR) is transforming digital content creation with its decentralized network, enabling GPU owners with unused capacity to support those needing rendering services. Powered by OctaneRender, the platform has experienced remarkable growth, with RNDR’s price surging by 210% this year, reaching $6.92. 

This significant rise places Render among the top Ethereum tokens to watch for potentially substantial returns. If the bullish trend continues, Render could soon surpass $7 and possibly reach $8 or even $10, promising strong momentum in the near term for investors.

Top 5 Ethereum Tokens to Buy to Turn $1K to $1M in NovemberTop 5 Ethereum Tokens to Buy to Turn $1K to $1M in November
Render Price Chart: TradingView

Arbitrum (ARB)

Arbitrum (ARB), a leading Layer 2 solution, enhances Ethereum’s performance by using optimistic rollups, boosting transaction speeds, and lowering costs. Leveraging Ethereum’s robust security framework, ARB offers efficiency gains, making it a promising Ethereum token to buy. 

The ARB price has recently climbed by 3%, reaching $0.5986, highlighting its growing appeal among Ethereum-linked investments. ARB has joined the Top 5 Ethereum Tokens to Buy, with $1,000 potentially turning into $1 million this November. The platform’s Total Value Locked (TVL) is also increasing, signaling a promising trajectory for Arbitrum in the digital currency space.

Top 5 Ethereum Tokens to Buy to Turn $1K to $1M in NovemberTop 5 Ethereum Tokens to Buy to Turn $1K to $1M in November
Source- DeFiLIama

Ethereum tokens to buy in November have captured investor interest due to strong bullish trends and high-return potential. This trend signals promising opportunities for those aiming to amplify their investments, making Ethereum tokens an appealing choice in the quest to turn $1K into $1M.

Frequently Asked Questions (FAQs)

Aureal One merges gaming, the metaverse, and real-life applications, offering innovative experiences through its platform.

SHIB has risen by 204% in the past year, with strategic token burns and Shibarium’s launch driving its popularity.

Render enables a decentralized GPU network for digital content creation, making it highly attractive for investors as its price has surged by 210%.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Pepe All-time high

Pepe Coin Price Poised for 30% Upswing in Bullish Rally

Published

2 weeks ago

on

November 11, 2024

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Pepe (PEPE) price, a major meme coin, recently experienced a strong price surge, mirroring a broader cryptocurrency market rally. This increase reflects growing bullish sentiment, with investors showing confidence in further gains. Analysts expect continued momentum for altcoins, driven by a generally positive crypto market outlook. Pepe aims for a potential 30% increase as optimism rises across the sector.

Pepe Coin Price Eyes Major Gains with 30% Bullish Potential

Crypto analysts predict that Pepe Coin could soon see significant gains, with a bullish outlook suggesting a 30% potential increase. The meme coin, appears set to venture into uncharted price territory.

Market trends and indicators signal a strong upward trajectory for Pepe Coin as it prepares to break previous resistance levels. Many investors are watching closely, anticipating the meme coin’s move toward “outer space” in the crypto landscape.

The next few weeks may reveal if Pepe Coin’s bullish trend will hold as excitement grows in the broader crypto community.

Pepe Price Sees Modest Gains Amid Volatility

Over the past week, the meme coin has shown slight upward momentum. The latest PEPE price is at $0.00001287, with a modest 3% increase within the day. The cryptocurrency’s recent performance indicates volatility, with a daily low of $0.00001148 and a high of $0.00001309, reflecting the market’s mixed sentiment.

Despite the recent gains, Pepe’s price remains significantly below its all-time high of $0.00001718, recorded on May 27, 2024. This marks a drop of around 30% from its peak value. On the other hand, Pepe’s all-time low of $0.000002764, registered on April 17, 2023, suggests a substantial growth potential, showing over 45,600% appreciation since its inception.

Will PEPE Hit ATH in This Bullish Run?

Today, Bitcoin surged to an all-time high of $85,000, fueling global investor enthusiasm. Altcoins followed suit, experiencing significant gains. This unprecedented crypto market rally has strengthened investor confidence as digital assets witness remarkable market growth, reaffirming optimism in cryptocurrency investments.

The whale transaction count in PEPE has surged, crossing 244 transactions involving over $100,000. This spike coincides with rising PEPE prices, hitting a new level. Increased whale activity suggests heightened interest, potentially signaling further market momentum. Elevated transaction volumes may attract additional investors, making PEPE’s market movements more volatile.

Pepe Coin Price Poised for 30% Upswing in Bullish RallyPepe Coin Price Poised for 30% Upswing in Bullish Rally
Source- Santiment

Ethereum-based token PEPE has experienced impressive growth recently, showing a steady upward trend. If this bullish momentum holds and key resistance remains intact, analysts predict PEPE could soon reach price targets near $0.00001718, marking a potential 30% surge. The Relative Strength Index (RSI) indicates 71, marking an overbought condition. 

Pepe Coin Price Poised for 30% Upswing in Bullish RallyPepe Coin Price Poised for 30% Upswing in Bullish Rally
Pepe Coin Price Chart: TradingView

Pepe Coin Price shows strong bullish potential, driven by rising investor confidence and market momentum. Analysts foresee a 30% surge if key resistance levels hold. Whale activity boosts optimism, while market conditions support further gains.

Frequently Asked Questions (FAQs)

Investor optimism, whale activity, and a strong crypto market rally.

Analysts suggest it may approach previous highs if momentum holds.

It has risen over 45,600% from its all-time low in April 2023

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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24/7 Cryptocurrency News

BTC Tops $66K, Altcoins Mirror Bullishness

Published

2 months ago

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September 28, 2024

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The cryptocurrency prices on Saturday ignited substantial investor optimism across the globe. Bitcoin (BTC) price gained to cross the $66K level today, while Ethereum (ETH), Solana (SOL), and XRP mirrored an upward trajectory. Simultaneously, Pepe Coin (PEPE) led the broader market gains, soaring nearly 20%.

Meanwhile, the global crypto market cap jumped 2.43% over the past day to $2.33 trillion. However, the total market volume witnessed an 8.26% decline in value to $78.21 billion today. Here’s a brief collection of some of the top cryptocurrencies by market cap and their price run on September 28.

Cryptocurrency Prices Today: BTC, ETH, SOL, & XRP Pump

BTC price topped the $66K level today, whereas ETH neared $2,700. Simultaneously, SOL and XRP prices gained 1-3% in the past 24 hours. Whereas, PEPE, NOT, and FLOKI emerged among the day’s top gainers. Let’s take a closer look at the crypto prices today.

Bitcoin Price Today

BTC price gained 1.5% at the time of reporting and is currently trading at $66,093. The coin’s intraday low and high were recorded as $65,107.12 and $66,255.53, respectively. Today’s rising price action falls in line with the broader market trend. Also, it’s worth mentioning that spot Bitcoin ETFs recorded $494.45 million worth of inflows as of September 27, aligning with the pumping price action. However, Bitcoin’s dominance from yesterday slipped 0.20% to 56.13%. Besides, the flagship crypto’s market cap rested at $1.31 trillion today.

Ethereum Price Today

ETH price chart illustrated a nearly 2% increase in value to reach $2,691 today. The coin’s intraday low and high were recorded as $2,637.98 and $2,728.07, respectively. Notably, even spot Ethereum ETFs registered $58.65 million worth of inflows as of September 27, per Soso Value data. Ethereum’s market cap rested at $323.92 billion today. Whale Alert data for the past day indicated increased whale activity, adding to the intrigue surrounding the asset’s price movements.

Solana Price Today

The crypto SOL witnessed a 2% jump in price today and is currently trading at $158. The coin’s 24-hour low and peak were recorded as $155.68 and $160.98, respectively. Solana’s market cap rested at $74.38 billion today. A recent CoinGape Media report reveals that the coin’s price gained against the backdrop of bullish on-chain data for SOL.

XRP Price Today

Simultaneously, XRP price witnessed a 1% increase in value to reach $0.5904 today. The coin’s intraday low and high were recorded as $0.5853 and $0.597, respectively. XRP’s market cap rested at $33.38 billion today.

Meme Coins Performances Today

On the other hand, Dogecoin (DOGE) price gained nearly 6% in the past 24 hours to reach $0.1259. Similarly, Shiba Inu (SHIB) price soared roughly 10% in the past 24 hours to reach $0.00002097. Meanwhile, PEPE and FLOKI surfed along the day’s top gainers.

Top Cryptocurrency Gainers Prices Today

Pepe Coin

PEPE price surged by a whopping 20% in the past 24 hours and is currently trading at $0.00001135. The coin’s 24-hour low and high were $0.000009646 and $0.0000115, respectively.

Notcoin

NOT price mirrored a bullish sentiment, gaining nearly 16% to $0.00988 today. The crypto’s intraday low and high were $0.008649 and $0.01063, respectively.

FLOKI

FLOKI price noted a 10% uptick in value to reach $0.0001709 today. The coin’s 24-hour low and high were $0.0001571 and $0.0001763, respectively.

Top Cryptocurrency Losers Prices Today

Popcat

POPCAT price slipped over 5% to rest at $0.9436 today. Its 24-hour low and high were $0.9169 and $1.08, respectively.

eCash

XEC price waned nearly 4% over the past day to reach $0.00003823. The coin’s intraday low and high were $0.00003779 and $0.00003941, respectively.

Sei

SEI price noted a 3% decrease in value to reach $0.4566 today. The coin’s intraday low and high were $0.4545 and $0.4796, respectively.

Besides, the hourly time frame charts sparked further speculations over the cryptocurrency prices today. BTC waned 0.04%, while ETH gained 0.02%, igniting uncertain investor sentiments across the broader market.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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