Pippin (PIP) Price Trying to Reclaim a Key Support, Targets $0.099

The Pippin price soared over 114% in the last 24 hours to trade at $0.08521 as of 4:10 a.m. EST as investors bet big on the meme coin’s future price movements.

With the recent surge in the PIPPIN price, the crypto emerged as the best 24-hour performer in the meme coin market.

Pippin Price Trying To Reclaim A Key Support

4-hour chart for PIPPIN/USD (Source: GeckoTerminal)

The Pippin price is attempting to reclaim a position above the resistance level at $0.07573 after dropping below the mark in the last couple of hours. Should the meme coin close a 4-hour candle above this price point within the next 8 hours, traders might continue to drive the Pippin price to above the next resistance at $0.08814 to potentially as high as $0.099 in the short term.

On the other hand, PIPPIN failing to close a 4-hour candle above $0.07573 within the next 8 hours might prevent any bullish move from happening. In this alternative case, the meme coin could stand the risk of dropping to the support level at $0.06331. Continued sell pressure if the crypto reaches this technical safety net might result in a plunge to $0.05038.

Technicals Suggest The Pippin Price Might Continue To Rise

From a technical standpoint, indicators on the meme coin’s 4-hour chart suggest the Pippin price might keep climbing through the course of the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are flashing bullish.

RSI readings have started to climb again after a brief pullback in recent hours. Now, the current positive slope of the RSI line suggests growing buyer strength, which could lead to an increase in the Pippin price.

Meanwhile, the MACD line crossed above the MACD Signal line in the last 24 hours. Traders usually see this technical event as a sign that a crypto has entered a positive trend. With the growing gap between the two lines, it appears that PIPPIN’s positive trend is picking up steam as well.

While PIPPIN tries to keep its bullish move going and reclaim a key support, investors continue to buy into new Pepe derivative Wall Street Pepe (WEPE) as its blockbuster presale closes on $45 million.

Experts are also bullish on the new frog-themed meme coin. Analyst and popular YouTuber ClayBro told his more than 133K subscribers in a recent video that early WEPE token investors could become millionaires once the crypto launches.

Empowering Small Retail Traders To Take On Crypto Whales

Crypto whales have dominated the crypto trading scene over the years, often to the detriment of smaller retail traders. This is where Wall Street Pepe, with its rapidly-growing WEPE Army of analysts who provide exclusive market insights, aims to make a difference. Members of the group will receive signals that will enable them to navigate market moves like a pro.

Anyone interested in joining the group simply needs to purchase WEPE tokens to get accepted. The crypto is currently selling for $0.00036644, and can be bought with either crypto or bank card through the simple widget embedded on the project’s website.

Winning is a vibe and I’ve got it. 🐸 ⚔️ pic.twitter.com/XbH9kImFGS

— Wall Street Pepe (@WEPEToken) January 7, 2025

After buying WEPE tokens, holders will then need to wait for the next trade opportunity to hit the market and the next alpha trade call to be shared by the WEPE Army. Investors won’t have to wait until then, however, to start achieving gains due to the staking offer open to presale buyers. Anyone who buys and stakes WEPE tokens now will unlock access to a 29% annual return.

Investors Bet Big On WEPE’s Future

Wall Street Pepe is pulling investors in fast, with its cumulative presale raise already standing at more than $44.5 million. With the bullish predictions by experts like ClayBro, the project’s mission to empower retail traders, and the staking opportunity on offer, it’s easy to see why a buying frenzy has erupted around the token during this early stage.

Interested investors should buy before a price hike in about 16 hours to secure the best deal.

Visit WEPE here.