#BTC110KToday? $PEPE
Why investors in PEPE and DOGE should look at this new memecoin.
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#BinanceAlphaAlert Following the impressive advances of PEPE and Dogecoin, there has been a buzz about another meme-inspired cryptocurrency that could exceed all expectations.
With an astonishing estimated growth potential of 6,500%, this innovative digital asset promises to make a significant impact. Investors who were drawn to the rapid advancements of previous coins may find this new opportunity worth exploring.
✨PEPE Update✨
According to recent data, the Pepe cryptocurrency has experienced a negative trend. In the last week, its price has fallen by 8.93%. Over the last month, this decline has increased to 31.96%, and in the last six months, the cumulative drop is 47.21%.
Currently, the price of PEPE fluctuates between $0.000007602 and $0.00001085. Its relative strength index (RSI) is at 36.68, approaching the oversold zone, which could indicate a potential rebound. Meanwhile, the 10-day simple moving average (SMA) is at $0.000009533, very close to its 100-day SMA at $0.000009500, signaling price consolidation.
If the price rises, the closest resistance is at $0.00001283. Breaking through this level could lead it to the second resistance at $0.00001609, with significant upside potential.
Dogecoin Update
Dogecoin has also experienced a recent decline. Its price fell by 4.15% in the last seven days. Over the last month, the drop has reached 27.33%, while in the last six months, DOGE has lost nearly half of its value, dropping by 47.48%. Currently, it trades between $0.14 and $0.17.
Technical indicators suggest caution. The 10-day simple moving average (SMA) is $0.17, just above the $0.16 of its 100-day SMA.