Pepe Price Forecast: PEPE Pumps 7%, but Owners Focus on Parabolic DOGE P2E ICO That Raised Nearly $5M in 3 Weeks

Baby price Pump More than 7% in the last 24 hours to trade at $0.00001158 as of 4:40 AM EST as buyers re-enter their meme coin order books.

Despite the recent gains, PEPE price is still down more than 12% on the weekly time frame.

Baby price enters a positive sequence

4-hour chart of PEPE/USD (Source: GeckoTerminal)

the baby The price bounced from the $0.00000953 support level in the last 24 hours. It has since entered a positive sequence on the 4-hour chart, recording a series of higher highs and higher lows. If this bullish momentum continues, the meme coin may soon be able to flip the $0.00001269 resistance level into the support level.

Traders can then look to enter a long position in PEPE. With this potential buying volume, Pepe price may gain the support needed to attempt a challenge at the next key threshold at $0.00001522 in the next 24 hours.

However, failure of Pepe price to close 4-hour candle above $0.00001269 within the next 24 hours may invalidate the bullish thesis. In this alternative scenario, the memecoin faces the risk of correcting back to the aforementioned support level of $0.00000953.

Continued selling pressure if Pepe’s price falls to this technical crutch could see it fall below this critical price point. An extremely bearish scenario could see PEPE fall to as low as $0.00000751 in the short term.

New bullish signals are appearing on the 4-hour Pepe price chart

Technical indicators on the 4-hour chart of PEPE are flashing bullish, which could indicate that the price of PEPE will continue to rise in the next 24 hours. Both the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are showing positive signs.

Buyers have recently gained an advantage over sellers, as evidenced by the RSI value crossing the 50 level. The 50 mark is a pivotal point for many traders, because the RSI value below this indicator indicates that bears are stronger than bulls. The opposite is true for a value higher than 50.

Since the RSI value recently crossed 50, it may be easier for the bulls to push the price baby The price will be higher in the next 24 hours than it would be if the bears pulled it down during the same period.

Meanwhile, the MACD indicator triggered a major bull flag in the past few hours after the MACD line crossed above the MACD signal line. Traders usually see this as a sign that the cryptocurrency is entering a positive cycle.

If the bullish signals provided by both the MACD and RSI indicators are validated, PEPE price may soon challenge the $0.00001522 resistance level.

Rising PEPE will also likely encourage investors to consider pre-selling a meme coin such as the Play-To-Earn Dogecoin derivative. PLAY Doggie, Which rose to more than $4.8 million raised in just a small portion of more than 3 weeks.

Reviving 90s classics

PlayDoge is a Tamagotchi-style crypto project that aims to revive a classic 90s game. After the original game’s release, it didn’t take long for virtual pets to become widespread.

With over 82 million game units sold globally, PlayDoge is looking to take this initial success into its own version of the once hugely popular game.

Given the large niche that PlayDoge will have to fill, the project promises a more interesting game that will be enabled by the coding element. Players can earn rewards in PLAY Tokens by taking care of their digital pets and making sure they get enough food, sleep, and attention.

In addition to the potential to earn bonuses, there is also a lucrative betting opportunity available to anyone who purchases PLAY during the ongoing pre-sale. Anyone who purchases and saves PLAY tokens during their ICO will have the opportunity to earn up to 152% in annual rewards.

Is gaming the next 10X opportunity?

Analysts are also bullish on the meme coin. Popular cryptocurrency YouTuber Jacob Burry recently told his 40.8k subscribers that PLAY could be the next 10X opportunity.

Anyone wishing to acquire the token can do so through the easy-to-use purchase tool included on the project’s official website. The cryptocurrency is sold at $0.0051 and can be purchased using ETH, USDT, BNB or bank card.

Investors may want to hurry because the price of the memecoin is set to rise in less than 23 hours.

Buy PLAY here before the next price increase.

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PlayDoge (PLAY) – the latest launch on the BNB chain

• 2D Virtual Doge Pet
• Play to earn Meme Fusion Coin
• Staking and in-game token rewards
• SolidProof – playdoge.io has been audited