MIND of Pepe (MIND) Price Soars 40% in Presale, Promises 306% APY Staking Rewards

The APU price surged 40% in the last 24 hours to trade at $0.0001935 as of 10:19 p.m. EST, with trading volume skyrocketing 309% to $7.5 million.

The price of Apu Apustaja (APU) surged 40% in the last 24 hours to trade at $0.0001935 by 10:19 p.m. EST on Friday. The trading volume also skyrocketed 309% to $7.5 million.

This made APU the top performing major meme coin, according to CoinMarketCap.

The APU price has been in a prolonged downtrend, forming a falling wedge pattern for the past few weeks.

However, the recent breakout from the wedge suggests a strong bullish reversal. The Apu Apustaja price surged past the 50-day Simple Moving Average (SMA) ($0.0001471) and is now challenging the 200-day SMA ($0.0002200), a critical level that often determines long-term trends.

Relative Strength Index (RSI)

Meanwhile, the Relative Strength Index (RSI) is currently at 73.10, suggesting the the price of Apu Apustaja is overbought. This means that a short-term correction could occur before further upside. However, if RSI stays above 60, the bullish momentum could continue.

The Moving Average Convergence Divergence (MACD) line (0.0000093) is above the signal line (0.0000088), reinforcing the bullish trend. The histogram is also increasing, showing strong positive momentum.

APU/USDT Chart Analysis (Tradingview)

The breakout from the falling wedge pattern suggests that the APU price could continue upward. If the Apu Apustaja price breaks above $0.0002200, the next target is around $0.00035, where resistance is expected, marking a 102% surge from the current price.

However, with the RSI in overbought territory, a pullback to the 50-day SMA ($0.0001471) is likely before another leg higher. Failure to hold above $0.0001471 could lead to a retest of the $0.00012 level.

Investors are also swarming into a new AI agent crypto that is also launching with the Pepe the Frog brand: MIND of Pepe (MIND).

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