Analysts suggest that PEPE is set for an explosive surge, but will Pepe Unchained ($PEPU) outperform it?
In this article, dive into the latest PEPE price analysis, and discover whether hot low-cap meme coins could offer higher returns in the 2025 bull market.
Now boasting a massive $5.3 billion market cap, PEPE has surged with an influx of $8.29 billion in the past 24 hours, highlighting intense market attention amid a 47% weekly gain.
In the ever-comical world of meme coins, $0.00001337 has been denoted as the key level for PEPE to break in an upside move.
Retail traders target the final trendline as the last patch of resistance ahead of a parabolic move. 1337 is an old internet way of saying ‘elite.’
PEPE Price Analysis: Will PEPE Successfully Break Resistance Zone?
Amid a localized rejection largely fuelled by Bitcoin’s rejection at 90K, Pepecoin is in retreat from a push to the upside. PEPE currently trades at a market price of $0.00001248 (representing a 24-hour change of -3.77%).
This comes after PEPE bulls ambitiously tested upside resistance Yesterday, with the price of PEPE firing up to hit $0.0000149 before tumbling 15% back below the resistance zone.
At present, PEPE appears to be consolidating a foothold above lower support at $0.000012, and price action remains technically strong with a position above moving average support.
Indeed, an ascendant 20DMA is still playing catch-up and seems set to provide a bullish undercurrent with an imminent golden cross in motion against the 200DMA.
Meanwhile, the localized retracement provides relief on the overheated RSI, which has shifted down to a calmer 65, after tapping a too-hot-to-handle bear signal at 71 during the resistance test.
In the short term, it seems likely that the PEPE price will consolidate above $0.000012. A future re-test of resistance is likely to be fuelled by a return to the upside from Bitcoin alongside an ascendant 20DMA.
But while the potential upside gain remains limited to a +20% move, PEPE community attention is rapidly shifting towards a new Pepe ecosystem development: the launch of PEPE’s very own Layer-2.
Why Settle for 20%? New Layer-2 Pepe Unchained Nears $27.5M Milestone
Pepe Unchained is an upcoming Layer-2 (L2) built on top of Ethereum, aiming to develop the first ecosystem hub for meme coins.
The team shares that same vision with Vitalik by utilizing the trust and security of Ethereum while harnessing the low fees and fast speeds that come with an L2 solution.
PEPU is still in presale but is rapidly catching up to the original ERC-20-based PEPE, having just raised an impressive $27 million.
Many savvy investors believe that Pepe Unchained is poised to become a leading Layer-2 solution within the crypto ecosystem.
The team behind PEPU is serious about becoming a meme coin powerhouse, as evidenced in their ‘Frens With Benefits’ initiative.
They have a grant scheme where blockchain developers can apply for funding to build a project on the PEPU network.
The grants are now open, and anyone can apply here.
This presale phase is rumored to be ending soon, and there are strong rumors of multiple Tier-1 CEX listings for PEPU soon after launch.
Investors are wondering whether Binance could be one of those Tier-1 exchange listings. If so, PEPU could be ready to emulate recent listings such as ACT.
AI token ACT (Act 1: The AI Prophecy) got a Binance listing yesterday (November 11) and instantly mooned over 2400%.
Notably, it is just over 24 hours before the next PEPU price stage increases.
This will likely be one of the final opportunities to secure a bag of PEPU at these low prices before it hits the exchanges.
The post Top Trader Says $PEPE Just Needs One Last Break to Trigger Parabolic Rally – Will It Reach New Highs? appeared first on Cryptonews.
#IndustryTalk #Pepe #PepeUnchained #PEPU [Source: CryptoNews]