Pepe Unchained Price Is Bullish After Binance Alpha Appearance, Wall Street Pepe Raises Over $29.4M In Two Weeks

The Pepe Unchained price surged 45% in the last 24 hours to trade at $0.02260 as of 02:25 a.m. EST on trading volume that soared 108% to $41.15 million.

The Pepe Unchained (PEPU) price soared 45% in the last 24 hours to trade at $0.02260 as of 02:25 a.m. EST on trading volume that surged 108% to $41.15 million. This follows the appearance of Pepe Unchained on Binance’s new “Binance Alpha” feature, which highlights promising tokens that could be listed in the future, like CHILLGUY, AI16z, and POPCAT.

Pepe Unchained's presence in the “Markets” tab under Binance Alpha is being taken as a bullish signal for the token's prospects.

Pepe Unchained Price Is Bullish

After an initial surge to the $0.067 resistance, the Pepe Unchained price has been on a downtrend, trading within the falling wedge pattern. PEPU recently touched the upper boundary of the wedge around the $0.0244 resistance, indicating that the Pepe Unchained price is gearing up towards a breakout, according to data from GeckoTerminal.

The Pepe Unchained price is currently trading above the 50-day Simple Moving Average (SMA) (at $0.01765), which serves as a short-term bullish signal. Previously, the price struggled below the SMA, but the current recovery suggests the bulls are attempting to regain control.

Meanwhile, the Relative Strength Index (RSI) is at 59.71, indicating neutral-to-bullish territory. This level shows that the price is not yet overbought, indicating potential for further upward movement. The RSI also showcases a higher low, suggesting bullish divergence and increasing momentum.

The MACD line has formed a bullish crossover above the signal line, with growing green histogram bars indicating increasing momentum. However, the trend is still weak, and more price gains are needed for confirmation.

Given the current technical setup, the PEPU/USD pair has a higher probability of a bullish breakout from the falling wedge pattern. If the price breaks above the descending resistance trendline (around $0.023), a potential rally could target $0.03 as the next key resistance.

If sellers push the PEPU price below the $0.01765 support, the falling wedge could play out as a bearish continuation, sending the price down to test $0.015 or lower.

As the Pepe Unchained price surges, investors are also flocking to a new Pepe alternative called Wall Street Pepe (WEPE), which Cryptonews, a popular crypto YouTube channel with over 13K subscribers, claims could be the next massive degen play.

Wall Street Pepe Raises Over $29.4 Million In Two Weeks

Wall Street Pepe is quickly emerging as the most successful presale of the year, having already raised close to $30 million in just two weeks. The project is centered around the theme of decentralization and empowerment, with Wall Street Pepe positioning itself as a challenger to the current power dynamics in the crypto space.

Wall Street Pepe is a revolutionary meme coin project that aims to democratize trading insights for crypto enthusiasts.

How I sleep knowing Wepe is pumping. 🐸 ⚔️ pic.twitter.com/slowCyxZ0E

— Wall Street Pepe (@WEPEToken) December 17, 2024

The WEPE token provides its holders with exclusive trading insights. Members also gain access to alpha calls and strategic information, which can help traders make more informed investments and trade like professionals.

The WEPE token also offers a passive income opportunity through its staking feature, which provides an impressive 43% annual percentage yield (APY).

You can purchase WEPE tokens from the official website for $0.0003648 using ETH, USDT, or a bank card. Buy before a price hike in less than a day to get the best deal.

Buy WEPE tokens here.