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The Pepe price has fallen by 5% in the last 24 hours to trade at $0.00000698 as of 12:11 a.m. EST, trading volume fell 15% to $601 million.
This comes after PEPE regained its third spot among the top meme coins by market capitalization after surpassing Dogwifhat (WIF).
The PEPE price fell in line with the broader meme coin market, which has fallen 5% over the past 24 hours to reach a market cap of $49 billion.
Pepe Price overcomes the falling wedge pattern
The Pepe price saw a positive increase in March, rising to an all-time high (ATH) of $0.00001064. After rejecting at this resistance level, Pepe price experienced a negative run, pushing a series of lower lows and lower highs, resulting in the formation of a bearish wedge pattern.
However, the support level around $0.00000471 allowed the bulls to stage a breakout towards the upper limit of the wedge.
PEPE trades across the 200-day Simple Moving Averages (SMAs), confirming bullish upside potential. If the bulls can maintain the bullish momentum, Pepe could rise and cross the 50-day SMA threshold of $0.00000721.
Furthermore, the Relative Strength Index (RSI) is trading above the 50 midline level, indicating that the price is currently in equilibrium and aiming for a breakout to the 70 overbought region.
Pepe Price Prediction
Pepe’s price analysis indicates that PEPE is currently in equilibrium, targeting a breakout to the next target and a new ATH at $0.000012. With the RSI and the golden cross forming at $0.00000112, the bulls aim to take advantage of these factors to push the price even further.
However, in a reverse scenario, the bears could take control of the price at this level and thus break the 50 center level of the RSI. This will push the price towards the support zone around $0.00000465.
Meanwhile, as the PEPE price surge looks to push the price to a new ATH, investors are piling into the $DOGEVERSE presale, which has surpassed $12 million in funds raised.
Doggerse ($DOGEVERSE) is an innovative multi-chain meme coin that spans six blockchains: Ethereum, Binance Smart Chain, Polygon, Avalanche, Base, and Solana.
🌐 Embrace inclusive accessibility! 🚀
$DOGEVERSE opens its doors to a wide audience, from #Ethereum enthusiasts to those who prefer the fast, cost-effective benefits of #Solana or #Polygon, promoting a diverse and inclusive community. 🐕🌟 pic.twitter.com/sXPOvaoz67
— DogeVerse (@The_DogeVerse) April 12, 2024
The chains are among the most active networks in the crypto market, making it easier for $DOGEVERSE holders to effortlessly participate in various decentralized finance (DeFi) protocols.
The project’s mascot, Cosmo the Doge, is a chain-hopping Doge from a collapsing supernova. This allows the dog to hyper jump between the stars of the crypto universe for multichain use.
Dogeverse offers a built-in staking option on the Ethereum blockchain, meaning token swaps are not required and investors can enjoy an annualized rate of return (APY) of 91%.
With the Dogeverse presale selling out quickly, ClayBro, a prominent crypto analyst on YouTube, believes Dogeverse has the potential to rise 10x at launch.
You can participate in the presale by purchasing $DOGEVERSE for $0.000303 per token. Buy quickly, because there will be a price increase in about 90 minutes.
Buy $DOGEVERSE here on the official website with ETH, USDT or a bank card.
Related news
Dogeverse – Multichain Meme Coin
- Early access presale now live
- Bridge to Solana, base, BNB chain, polygon, avalanche
- Staking Rewards – thedogeverse.com
- Trade at low costs
- The world’s first chain traveling Doge – Cosmo
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