Pepe Coin Gains 9% in 7 Days as One of Web3's Hottest New Gaming Platforms Draws $165k in Presale
Over the past week, Pepe Coin has emerged as a cryptocurrency worth noting, marking an impressive 9% surge.
This ascent is further accentuated by its association with one of the web3's most buzzed-about gaming platforms, Meme Kombat, which recently drew a whopping $165k in its presale.
But what does the technical landscape tell us about Pepe Coin's current standing and its potential future trajectory?
As of October 01, Pepe Coin is trading for $0.00000080. The last 24-hour trading volume stands at $2,776; during this period, the coin has risen by 2.26%.
On the CoinMarketCap leaderboard, Pepe Coin currently occupies the #4713 spot. The coin boasts a staggering max supply of 420,690,000,000,000 PEPE coins.
Pepe Coin's Key Price Levels
From a technical standpoint, the pivot point for Pepe Coin hovers around $0.000000673. The coin faces immediate resistance at $0.000000743, followed by subsequent resistances at $0.000000811 and $0.0000009506.
On the flip side, support levels are noticeable at $0.0000006064, $0.0000005348, and the lowest at $0.0000003957.
Technical Indicators
Chart Patterns: One noteworthy observation is Pepe Coin completing the 23.6% Fibonacci retracement at $0.0000007958.
A successful push above this mark could pave the way for the coin to target 38.2% or 50% Fibonacci levels, which are pegged around 0.0000010362 and 0.0000011345, respectively.
Currently, the overall trend for Pepe Coin seems bullish, especially if it can sustain a price above $0.0000007449. Traders might consider this a buy signal.
Looking ahead, in the short term, the coin might be gearing up to test the aforementioned resistance levels, especially if the current momentum holds.
Merging meme concepts with combat gaming, Meme Kombat is a new
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