Is It Too Late To Buy WELL? Moonwell Price soars 93% In A Month And This Might Be The Next Crypto To Explode

The
Moonwell
Price
has
soared
93%
in
the
past
month
after
surging
18%
in
the
last
24
hours

to
trade
at


$0.04836
as
of
7:25
a.m.
EST
on
a
162%
pump
in
trading
volume
to
$12
million.

Moonwell
Price
Signals
Further
Uptrend

The
WELLUSD
chart
shows
a
solid
bullish
reversal,
with
a
double
bottom
pattern
forming
around
the
$0.030
level.
This
pattern
typically
signals
a
shift
from
a
downtrend
to
an
uptrend,
which
was
confirmed
once
the
price
broke
out
above
the
neckline.

After
that
breakout,
the
price
shot
up,
now
sitting
around
$0.04909,
suggesting
the
beginning
of
a
potential
uptrend.

The
price
has
already
crossed
the
50-period
moving
average,
currently
at
$0.03448,
indicating
short-term
bullish
momentum
is
in
play.
On
the
other
hand,
the
200-period
moving
average,
sitting
at
$0.03106,
is
way
below
the
current
price,
highlighting
long-term
bullish
sentiment.

The
growing
gap
between
the
Moonwell
price
and
these
moving
averages
just
reinforces
the
strength
of
this
upward
movement.

WELLUSD
Analysis
Source:
Dextools.io

The
MACD
supports
this
bullish
outlook.
With
the
MACD
line
sitting
above
the
signal
line
and
the
histogram
bars
expanding,
buying
momentum
is
evident,
which
confirms
the
strength
of
the
upward
price
movement.

However,
the
RSI,
currently
at
71.47,
is
in
overbought
territory,
which
means
that
while
the
market’s
riding
strong
bullish
pressure,
a
short-term
pullback
or
consolidation
might
be
on
the
horizon
as
buyers
could
start
losing
steam.

Looking
at
key
price
levels,
support
should
hold
around
the
previous
double-bottom
zone
near
$0.030.
If
the
price
does
pull
back,
the
50-period
MA
at
$0.03448
could
serve
as
another
important
support
level.
On
the
flip
side,
resistance
is
likely
around
$0.05,
which
could
test
just
how
strong
this
uptrend
really
is.

The
price
action
looks
bullish
after
the
reversal,
with
the
indicators
pointing
in
the
same
direction.
However,
with
the
RSI
showing
overbought
conditions,
traders
should
be
mindful
of
potential
short-term
corrections.

Pepe
Unchained
Eyes
$20
Million
Milestone:
Best
Meme
Coin
To
Buy
Now?

The
bullish
sentiment
found
around
Moonwell
is
also
evident
in
the
new
meme
coin Pepe
Unchained(PEPU),
which
has
just
zoomed
past
$19.4
million
in
funds
raised
in
what
has
become
one
of
the
most
successful
presales
of
the
year.

Popular
YouTuber
ClayBro,
who
boasts
over
130k
subscribers,
says
investors
should
get
prepared
for
massive
gains
for
PEPU
once
it
launches

Pepe
Unchained
differentiates
itself
from
the
meme
coin
masses
by
coming
with
its
own
layer
2
blockchain.
The
idea
behind
it
is
that
this
proprietary
network
will
”unchain”
the
OG
PEPE
coin
from
its
clunky,
slow,
expensive
Ethereum
blockchain.

By
creating
its
own
Layer
2
blockchain,
PEPU
can
offer
transactions
up
to
100
times
quicker
while
significantly
reducing
gas
fees.
It
also
maintains
full
compatibility
with
existing
Ethereum
decentralized
applications
(dApps)
and
services.

The
frog
with
the
golden
brain
gearing
up
for
L2
launch.

Join
our
official
telegram
to
hang
with
the
community!https://t.co/ahmb9L28KX

pic.twitter.com/8hJQ7IuvJh

—
Pepe
Unchained
(@pepe_unchained)

October
5,
2024

Pepe
Unchained
has
also
launched
the
‘Frens
with
Benefits’
program,
which
aims
to
nurture
its
ecosystem.
This
program
offers
grants
to
developers
to
attract
new
talent
to
facilitate
substantial
dApp
development
on
the
Pepe
Chain.

Investors
also
have
the
option
to
stake
$PEPU
tokens
for
an
annual
return
of
113%.
More
than
1.4
billion
PEPE
tokens
have
already
been
staked.

PEPU
tokens
are
price
at
$0.00998
each
and
can
be
bought
using
$ETH,
$USDT,
$BNB,
or
a
bank
card.
Buy
before
a
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hike
in
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over
a
day
to
lock
in
the
best
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You
can
buy
PEPU
tokens
on

the
official
website
here.

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