Black Agnus price has dramatically surged by 111% in the last 24 hours, driven by a 7% increase in trading volume to $7.5 million. Meanwhile, the Pepe Unchained ICO has become one of the most successful of the year with $13.4 million raised.
Black Agnus Price Surge
Black Agnus price soared by 111% in the past 24 hours, reaching $0.0000349 as of 3:25 a.m. EST. Trading volume surged by 7%, amounting to $7.5 million.
FTW/USD Price Analysis
The FTW/USD pair in the 1-hour timeframe shows price consolidation within a symmetrical triangle pattern, characterized by an ascending support line and a downward-sloping resistance line. The current price trades at $0.03079, just above the 50-period simple moving average (SMA) at $0.03004 and the 200-period SMA at $0.02999. These moving averages are crucial in determining the next potential move; staying above them signals bullish momentum, while dropping below would indicate weakness. The symmetrical triangle pattern indicates a period of consolidation, with a breakout likely approaching soon. On the upside, a breakout point around $0.03200 could lead to a bullish rally, targeting the take-profit zone above $0.03400. If the price fails to hold near current levels and breaks below the ascending support line, we could see a downside move toward the next support level at $0.02950 or even lower. The Moving Average Divergence Convergence (MACD) is slightly bullish, with the MACD line just above the signal line. This indicates the potential for a bullish breakout, though strong momentum has not yet confirmed it. The histogram bars are slowly building up above the neutral level, indicating that the bullish rally for the Black Agnus price may accelerate in the upcoming days. Similarly, the Relative Strength Index (RSI) stands at 51.95, reflecting a neutral position. This means the market could go either way, with further confirmation needed to determine the next direction.
Pepe Unchained ICO Success
Meanwhile, the Pepe Unchained ICO has surged past $13.4 million in funds raised, making it one of the most successful presales of the year. Crypto analyst and YouTuber Jacob Bury, with over 43k subscribers, has included the $PEPU token in his top five meme coins to invest in this year, stating it has the potential to 10x once it launches. Pepe Unchained positions itself as a big upgrade on the OG PEPE coin. It acts as a Layer 2 solution for PEPE and features its own block explorer and strong social media presence. Most notably, it comes with its own proprietary blockchain. Once you purchase $PEPU tokens, you can participate in a staking option that offers an annual percentage yield (APY) of 153%. Currently, over 1.04 billion $PEPU tokens are already staked.
Over the next week, Black Agnus price may continue to rise if it holds above key moving averages and the $0.03200 level. Meanwhile, the Pepe Unchained ICO has already established itself as one of the year's most successful events, attracting numerous investors.
Comments