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Pepe Unchained Price Surges 24% After Breaking Channel

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by Giorgi Kostiuk

4 hours ago


Pepe Unchained price pumped over 24% in the last 24 hours, trading at $0.006339. Despite the surge, PEPU prices are down more than 15% on the weekly timeframe.

Pepe Unchained Price Escapes Negative Channel

The Pepe Unchained price was able to break out above a medium-term descending channel in the last 24 hours, according to GeckoTerminal data. The meme coin also managed to reclaim the $0.005983 support, which may become a basis for further growth. However, a sudden selloff or a change in market conditions might lead PEPU back into the channel, with potential support at $0.004967.

Technicals Suggest PEPU Will Keep Soaring

Technical indicators on the 4-hour chart suggest that the PEPU price could keep climbing. The crossover of the MACD line above the MACD Signal line signals the start of a positive trend. The growing gap between the MACD lines indicates PEPU’s bullish momentum is picking up. Meanwhile, RSI has risen from oversold territory below 30 to mid-40s. The current RSI below 50 shows PEPU’s price has room to grow before reaching overbought territory.

Blending AI With The Meme Coin Sector

MIND of Pepe seeks to gain a competitive edge by being the first AI derivative of the popular Pepe the Frog brand. The MIND of Pepe ecosystem uses a sophisticated AI model capable of identifying crypto trends and sharing insights with the community. Moreover, MIND of Pepe operates an autonomous token issuance mechanism, offering community members a chance at first buy-in before bringing coins to market.

With growing interest in meme coins and AI, projects like Pepe Unchained and MIND of Pepe are attracting significant investor attention, highlighting the potential for innovation in the crypto space.

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