Klaus Price Prediction: KLAUS Rises 23% as This Layer 2 Coin Rival Closes at $23 Million

Klaus price jumped 23% in the last 24 hours trading at $0.02543 to 1:14 a.m. EST on trading volume that plunged 12% to $3.6 million.

This occurs even though coin the market is plunging, with its collective market capitalization falling 15% to $61 billion, according to CoinGecko.

Klaus Price will maintain its bullish trend reversal

Klaus price has seen a sustained rise over the past two weeks, as KLAUS reached the $0.05 resistance, which allowed the token to form a sideways trend, according to data from GeckoTerminal. However, the bears managed to push the price lower through a retracement below the consolidation phase, as KLAUS fell to the $0.012 support zone.

The bulls then propelled the asset through a rebound up to the $0.028 resistance, forming a rounded bottom pattern. Klaus price now aims to capitalize on the rounding bottom to continue pushing the price towards a rally.

KLAUS is now trading below the 50-day simple moving average (SMA), which coincides with the current retracement of the $0.032 support zone.

The relative strength index (RSI) is at 52.10, right around the midpoint. This neutral level suggests neither overbought nor oversold conditions, which could imply a consolidation phase. However, if the RSI rises above 60 and the price rises above the 50 SMA, it could signal increased bullish momentum.

Additionally, the Moving Average Convergence Divergence (MACD) appears to be forming a bullish crossover, with the blue MACD line crossing above the orange signal line. The green bars on the histogram also show that the asset is currently on a positive trajectory, as they form above the neutral line.

Klaus Price Prediction

According to KLAUSUSD chart analysis on a 4-hour time frame, the overall Klaus price trend has been bearish since the recent high, but the recent low and RSI stability around 50 suggest that a reversal may be in progress. If this trend continues, KLAUS price could rise, as bulls target $0.04296, after surpassing the 50-day SMA at $0.03049.

However, if the bears take control of the price at this level, the price could fall slightly back to the $0.012 support, which could form a double bottom.

Meanwhile, investors looking for the next crypto to explode like KLAUS might consider Pepe unleashed ($PEPU)whose pre-sale is probably the most successful ICO of the year after raising a massive $22.9 million.

Jacob Crypto Bury, a crypto analyst with over 43,000 YouTube subscribers, claims that PEPU has the potential to grow 10x after launch.

Pepe Unchained closes on $23 million – The next crypto to explode?

As the name suggests, Pepe Unchained is designed to free or “unchain” the OG PEPE from its cumbersome and inefficient location on Ethereum.

PEPU opts for GAINZ!!!

Ready to pump it? 💪💪🐸🐸 pic.twitter.com/K0z3wdFc0s

– Pepe Unchained (@pepe_unchained) October 17, 2024

This is why $PEPU will call its brand new proprietary layer 2 blockchain called Pepe Chain. It brings blazing speeds up to 100x faster than Ethereum, lower transaction costs, and better scalability.

WE just reached $20 million raised!

And with this milestone, we have another major project update to share with our incredible community! pic.twitter.com/z9xlqZ2dAV

– Pepe Unchained (@pepe_unchained) October 16, 2024

Users can also enjoy an instant bridge between Ethereum and the dedicated Pepe Chain network, as well as a specialized block explorer for enhanced transaction tracking.

The platform offers 109% annual rewards to those who stake PEPU tokens.

Priced at $0.01179, PEPU can be purchased with ETH, USDT, or a credit card. With a price hike expected in just over a day, buy soon to get the best deal.

Visit the official PEPU website here

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