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The Cat In A Dogs World price jumped 10% in the last 24 hours to trade at $0.005484 as of 03:52 a.m. EST on trading volume that surged 32% to $120 million.
Cat in a Dogs World Price Could Continue Soaring
The Cat in a Dogs World price has been on a markup phase in the last week, as it soared from the $0.0040 support zone to the $0.0055 resistance, according to data from GeckoTerminal.
However, the price then went through a correction before soaring back to the resistance, forming a rounding bottom pattern.
The MEW price bulls now aim to capitalize on the rounding bottom pattern to push the price of Cats in a Dogs World even further above.
The Cat in a Dogs World now trades above both the 50-day and 200-day Simple Moving Averages (SMAs)
Furthermore, the Relative Strength Index (RSI) is trading towards the 70-overbought region, currently at 67 and soaring, which shows that the asset is under intense buying pressure and is overvalued.
The bullish sentiments are also confirmed by the Moving Average Convergence Divergence (MACD) soaring above the neutral line, showing that MEW is on a bullish momentum.
In a scenario where the bulls maintain the bullish stance, the Cat in a Dogs World could soar, as the bulls currently target $0.0065.
However, in a bearish outlook, the price of Cat in a Dogs World could plunge back to the $0.004511 support, which coincides with the 200-day SMA.
Meanwhile, investors are rushing to buy a Pepe alternative called Pepe Unchained (PEPU), which has raised $14.9 million in one of the most successful presales this year.
Pepe Unchained Surges Towards The $15 Million Mark
Pepe Unchained (PEPU) stands out from other meme coins because of its proprietary Layer 2 chain on top of Ethereum’s network. This liberates it from Ethereum’s limitations, bringing unprecedented speed, scalability, and significantly lower fees.
Who needs some Brain Powder?
Pepe is gearing up for the official launch of his very own blockchain! 🚀 pic.twitter.com/kZC72UmxFy
— Pepe Unchained (@pepe_unchained) June 20, 2024
Token holders can also earn passively through the platform’s staking system, which offers an annual percentage yield (APY) of 140%.
99Bitcoins, a prominent crypto channel on YouTube with over 706K subscribers, says that PEPU has the potential to soar 100X after its launch.
You can buy $PEPU tokens for $0.00984 each. With a price hike coming in a little more than a day, buy soon to lock in the best deal.
To join the presale, buy $PEPU from the official website here using ETH, USDT, or a bank card.
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