Cardano Price Prediction: As ADA Hits 2.5-Year High, Whales Pump Another $320K Into Pepe Unchained Presale – Is Altcoin Season Here?

The
Cardano
price
soared
over
11%
in
the
last
24
hours
to
trade
at
$0.8791
as
of
7:28
a.m.
EST
as
investors
go
long
on
the
altcoin.

With
the
recent
surge,
the
ADA
price
was
able
to
reach
its
highest
point
since
May
2022.
It
is,
however,
still
down
over
72%
from
the
all-time
high
of
$3.10
it
set
on
Sep.
2,
2021.

Cardano
Price
Clears
The
$0.8381
Resistance

4-hour
chart
for
ADA/USD
(Source:


GeckoTerminal)

The
Cardano
price
rose
above
the
resistance
level
at
$0.8381
in
the
last
few
hours,
according
to


GeckoTerminal
data.
If
the
altcoin
closes
the
next
2
4-hour
candles
above
this
mark,
it
could
have
a
solid
technical
foundation
to
rise
off
from
and
continue
its
ascent.
Traders
might
subsequently
push
the
Cardano
price
up
to
above
the
$0.9127
barrier
in
the
short
term.

ADA’s
bullish
move
could
come
to
an
end
if
traders
decide
to
realize
their
profits
from
the
crypto’s
recent
rally.
Sell
pressure
has
already
started
to
enter
the
crypto’s
price,
which
is
evident
by
the
wicks
present
above
the
last
few
4-hour
candles. 

If
the
sell
pressure
proves
to
be
too
overwhelming
for
bulls,
the
Cardano
price
might
end
up
dropping
below
the
recently-breached
$0.8381
mark.
This
could
then
open
up
the
possibility
of


ADA

falling
to
the
subsequent
technical
safety
net
at
$0.7634
or
even
$0.6929
if
the
bearish
pressure
persists.

Bulls
In
Control
Of
The
Cardano
Price

A
bullish
scenario
does
seem
more
likely
to
play
out
in
the
next
24
hours,
with
both
the
Moving
Average
Convergence
Divergence
(MACD)
and
the
Relative
Strength
Index
(RSI)
indicators
on
the
4-hour
chart
showing
signs
of
a
potential
continuation
of
ADA’s
positive
move.

RSI
readings
have
risen
to
the
high
60s
in
the
last
couple
of
hours.
With
the
current
reading
below
70,
there
is
still
some
room
for
the


Cardano

price
to
climb
before
it
enters
overbought
territory.
The
positive
slope
of
the
RSI
as
well
as
its
reading
above
the
50
benchmark
also
suggests
that
bulls
are
in
control
of
the
Cardano
price.

Meanwhile,
short-term
momentum
favors
buyers.
This
is
after
a
classic
bullish
technical
signal
was
triggered
by
the
MACD
in
the
last
24
hours,
with
the
MACD
line
crossing
above
the
MACD
Signal
line.
As
the
gap
between
the
two
indicators
grows,
ADA’s
momentum
appears
to
show
no
signs
of
slowing
down
just
yet.

As
ADA
targets
the
$0.9127
resistance,
investors
continue
to
FOMO
buy
layer-2
meme
coin


Pepe
Unchained
(PEPU)

before
its
highly-anticipated
launch
and
tier-1
exchange
listings
in
less
than
21
days.

Pepe
About
To
Get
Its
Biggest
Upgrade
Yet

Pepe
Unchained
(PEPU)
is
a
layer-2
project
on
a
mission
to
elevate
the
Pepe
brand
to
another
level
in
the
crypto
space.
Up
until
now,
the
meme’s
backers
have
had
their
loyalty
tested
by
the
high
transaction
fees
and
slow
processing
times
native
to
any
crypto
deployed
on
the
clunky
and
congested
Ethereum
network.

With
its
lightning-quick
blockchain
network,
Pepe
Unchained
will
free
Pepe
from
the
legacy
Ethereum
mainnet
and
unlock
a
100-fold
increase
in
transaction
speeds
while
simultaneously
slashing
network
fees.
This
enhanced
transactional
experience
will
be
easily
accessible
through
Pepe
Unchained’s
PEPU
token.

Besides
its
layer-2
capabilities,
another
attribute
that
places
Pepe
Unchained
in
a
league
of
its
own
in
the
meme
coin
space
is
its
high
levels
of
utility.
Recently,
the
team
announced
the
launch
of
the
project’s
developer
grant
program.
Approved
developers
will
now
have
the
necessary
financial
backing
to
build
the
next
best
Web3
app
on
the
Pepe
Unchained
blockchain.

With
its
meme
coin
appeal,
combined
with
its
layer-2
capabilities
and
its
unmatched
utility,
it’s
easy
to
see
why
experts
are
bullish
on
PEPU.
Among
them
is
an
analyst
from
the
99Bitcoins
YouTube
channel,
which
has
over
706K
subscribers.
In
a
recent
video,
the
analyst
said
that
PEPU
could
surge
100X
after
its
launch
in
less
than
a
month.

Pepe
Unchained
Raises
More
Than
Double
Ethereum’s
ICO
As
FOMO
Kicks
In
Amid
Binance
Listing
Speculation

Pepe
Unchained
has
raised
over
$40
million
through
its
ongoing
ICO,
which
is
more
than
double
the
approximately
$18.3
million
Ethereum
managed
to
raise
during
its
presale. 

An
investor
frenzy
has
also
erupted
around
the
meme
coin
amid
speculation
that
the
token
could
be
listed
on
either
Binance
or
Coinbase.
If
added
to
any
of
these
platforms,
PEPU
could
rally,
similar
to
how
PEPE
pumped
after
its
Coinbase
and
Robinhood
listings
last
week.

This
Braintar
solo
is
about
to
be
so
tasty
those
chains
don’t
stand
a
chance!
????????????

pic.twitter.com/eRJkRNUhCJ

—
Pepe
Unchained
(@pepe_unchained)

November
19,
2024

Such
speculation
seems
to
have
attracted
yet
more

whale
investors,
with
the
latest
two
big
buys
for

$220K and $100K.

Investors
can
buy
PEPU
via
the
widget
on
its
website
using
either
ETH,
USDT,
BNB
or
bank
card.

Purchase
PEPU
here.

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