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ETH Andy price is up 17% in the past 24 hours to trade at $0.000144 as of 7:05 a.m. EST on a 108% surge in trading volume to $6 million
ETH Andy Price Could Continue Uptrend
The 4-hour chart of the ANDY/USD pair shows a clear bullish trend, with price action forming a parabolic curve that is evolving into a rising channel. This suggests that buyers are in control, pushing prices higher.
The current price is $0.0001447 and the upward arrow on the chart indicates further upside potential. However, a key support level below provides a potential rebound zone in the event of a pullback.
The 50-point moving average at $0.00009934 and the 200-point moving average at $0.00007467 are adding to the bullish momentum, with the 50-point moving average crossing above the 200-point moving average in a golden crossover, which is usually a strong bullish signal. The price is currently trading well above both moving averages, suggesting that they could act as dynamic support levels if the price starts to retrace.
ANDYUSD Analysis Source: Dextools.io
The MACD is showing bullish momentum with the MACD average line above the signal line and positive histogram bars, indicating increasing buying pressure.
The RSI is at 69.56, approaching the overbought level of 70. While this suggests a strong uptrend, it also suggests that Andy ETH price could soon face a pullback or consolidation.
The parabolic curve represents a strong acceleration in price, while the rising channel structures the trend. The bullish momentum is likely to continue as long as the price remains within this channel and above the support level. If the price pulls back, the support level around $0.0001200, which is the lower boundary of the channel, could provide strong support.
The Relative Strength Index (RSI), however, is approaching overbought levels, indicating a possible temporary retracement before the uptrend resumes. The chart indicates a bullish trajectory, supported by the MACD and moving averages.
However, a brief correction or consolidation is possible before further gains, with the RSI approaching the overbought zone.
Pepe Unchained Nears $15 Million: What’s the Best Crypto to Buy Now?
As ETH Andy’s price prepares for another surge, new Layer 2 meme coin Pepe Unchained (PEPU) continues to gain traction in its presale, closing in on $15 million in funding.
Popular YouTuber Cilinix Crypto, with over 69.9k subscribers, claims that PEPU has the potential to increase its popularity tenfold once launched.
While retaining the iconic “Pepe the Frog” theme, Pepe Unchained differentiates itself from other meme pieces with its forward-looking vision.
One of the company’s highlights is the upcoming launch of its own Layer 2 blockchain. Built on Ethereum, it aims to offer ultra-fast transactions, significantly lower fees, and 100 times the transaction capacity of Ethereum.
Recently, Pepe Unchained launched the “Pepe Frens With Benefits” initiative, which encourages developer participation by offering grants for the construction of the new chain.
Promoters can submit their project ideas and grant applications, which will be reviewed by the Pepe Council. Selected projects will receive funding to support their development.
Pepe doesn’t just break chains: he makes smart moves! 🧠🐸 pic.twitter.com/7cau9pZ3KQ
— Pepe Unchained (@pepe_unchained) September 23, 2024
Investors can also stake PEPU tokens for an annual percentage yield (APY) of 140%.
If you are interested, you can participate in the pre-sale by purchasing PEPU at the current price of $0.00984 using the purchase widget on the official website.
With just over a day to go until the next price increase, now is the perfect time to get the best deal.
Buy $PEPU here using ETH, USDT, BNB or a bank card.
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