Dogecoin Price Prediction: DOGE Dips 7% As Investors Flock Its Rival PEPU Offering Last Chance To Buy Before Upcoming Tier-1 Exchange Listings

The Dogecoin price dropped 7% in the last 24 hours to trade at $0.3670 as of 01:31 a.m. EST on trading volume that plunged 30% to $15.6 billion.

Dogecoin Price On A Sustained Bullish Trend

The Dogecoin price has been in a significant uptrend recently, with a sharp rise in mid-to-late October and into November. The trend is clear from the steep ascent in price of Dogecoin above both the 50-day (yellow line) and 200-day (red line) Simple Moving Averages (SMAs). This signals strong bullish momentum in the short to medium term, according to data from GeckoTerminal.

Moreover, the Relative Strength Index (RSI) is currently around the mid-range, close to 54, which suggests that there is no immediate overbought or oversold condition. This level of RSI indicates a cooling off period after what was likely an overbought condition during the rapid price increase.

The RSI cooling off while price remains high could indicate consolidation before the next move.

If the Dogecoin price sustains the bullish trend, DOGE could soar even higher, as the bulls target the next possible resistance at $0.70.

Dogecoin Price Chart Analysis Source: GeckoTerminal
DOGEUSD Chart Analysis Source: GeckoTerminal

However, immediate support might be around the 50 MA at $0.2930. If the price dips towards this level, it may offer a point for potential buying interest, but a break below could indicate a stronger pullback.

Meanwhile, investors are going all-in on a new alternative, Pepe Unchained ($PEPU), which aims to emulate and surpass the success of its predecessor, PEPE.

According to 99Bitcoins, a leading crypto YouTube channel with more than 706k followers, Pepe Unchained ($PEPU) could be the next meme coin to deliver 100x returns.

Pepe Unchained ($PEPU) Presale Hits New Heights, Surpasses $30.7 Million

Pepe Unchained stands apart from other PEPE derivatives as a Layer 2 (L2) blockchain, offering superior transaction speeds and significantly lower fees than the original Pepe ($PEPE), which operates on Ethereum’s slower, costlier Layer 1 network.

November kicked off with impressive momentum for the project, raising a total of $30.7 million in presale funds, including $1.9 million in the last two days alone, as it races towards the $31 million target.

The team has introduced a countdown timer to the presale, showing that the Pepe Unchained presale will close in under 28 days, followed by listings on tier 1 exchanges.

As its name suggests, Pepe Unchained is designed to free, or ”unchain,” the OG PEPE from its clunky, inefficient home on Ethereum.

 

Pepe Unchained provides a seamless and efficient user experience, making it a strong contender in the meme coin space.

Pepe Unchained is also actively fostering innovation by launching developer grants. The project’s website now Features a portal where developers can apply for grants to build on its L2 chain. The goal is to create new dApps and leverage its technology for even faster and more cost-efficient transactions.

The project also introduces a staking platform, offering token holders the opportunity to earn an impressive 84% annually.

The current price of PEPU tokens is $0.01283 each. Investors eager to join one of the most successful presales of the year should do so before the presale ends.

Buy PEPU tokens on the official website here with ETH, USDT, or a credit card.

Related News

  • DOG•GO•TO•THE•MOON Price Prediction: DOG Surges 10%, But Traders Are Rushing To Buy This Vote-To-Earn Meme Coin For 10X Gains
  • XRP Price Prediction: Ripple Soars 15% As SEC Chair Gary Gensler Hints On Resignation And Traders Also Rush To Buy This VTE Crypto For Its 1048% APY
  • Pepe Unchained Set to Launch in 28 Days – New 10X Potential Meme Coin With Tier 1 Exchange Listings

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