LimeWire Price Prediction: LMWR Soars 31% After Bitvavo Listing As The New Pepe Unchained ICO Blasts Past $150K Within Minutes Of Launch

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The
LimeWire
price



pumped


over
31%
in
the
last
24
hours
to
trade
at
$0.4037
as
of
7:35
a.m.
EST
as
investors
bet
big
on
the
altcoin.


This
surge
in
the
LMWR
price
comes
after
the
project
scored
its
second
listing
for
the
week
on
the
leading
European
exchange
Bitvavo.
In
just
3
hours
after
making
its
way
to
the
platform,
the
crypto
experienced
more
than



$1
million


in
trading
volume.


The
LimeWire
Price
Forms
A
Bearish
Channel

LMWR Chart Image


4-hour
chart
for
LMWR/USD
(Source:



GeckoTerminal
)


The



LimeWire


price
was
briefly
able
to
break
above
the
resistance
level
at
$0.4495,
but
sellers
quickly
pulled
the
crypto’s
price
down.
In
the
last
couple
of
hours,
the
altcoin
printed
a
series
of
lower
lows
and
lower
highs
on
the
4-hour
chart.
This
has
resulted
in
the
formation
of
a
negative
channel.


Should
the
LimeWire
price
continue
to
trade
in
this
descending
channel,
it
could
lose
the
key
$0.4040
support
level
soon.
Breaking
below
this
technical
crutch
could
then
expose
LMWR
to
the
risk
of
falling
to
the
subsequent
mark
at
$0.3586
in
the
following
24
hours.


On
the
other
hand,
the
LimeWire
price
maintaining
a
position
above
$0.4040
for
the
next
8
hours
might
invalidate
the
bearish
thesis.
Traders
could
then
look
to
enter
into
a
long
position
for
the



crypto
.
With
this
potential
buy
pressure,
LMWR
might
attempt
to
overcome
the
$0.4495
barrier
again. 


Closing
a
4-hour
candle
higher
than
$0.4495
could
give
the
LimeWire
price
the
foundation
needed
to
continue
climbing
in
the
short
term.
LMWR
might
rise
to
as
high
as
$0.4929
as
a
result.


Technicals
Warn
The
LimeWire
Price
Might
Drop
In
The
Short
Term


Technical
indicators
on
LMWR’s
4-hour
chart
warn
that
the
LimeWire
price
is
not
finished
falling
yet.
Throughout
the
past
12
hours,
the
Relative
Strength
Index
(RSI)
line
has
dropped
from
70
to
just
above
50.
This
might
be
indicative
of
diminishing
buyer
strength.


Although
the
RSI
is
still
bullishly
above
50,
the
negative
slope
of
the
technical
indicator
warns
that
bears
could
soon
gain
the
upper
hand
against
bulls.
A
potential
confirmation
of
this
might
be
if
the
RSI
drops
below
the
50
mark. 


Meanwhile,
the
Moving
Average
Convergence
Divergence
(MACD)
line
is
collapsing
towards
the
MACD
Signal
line.
Traders
usually
see
this
as
an
indication
that
a
crypto
is
in
a
bullish
cycle
that
is
approaching
its
end.
When
looking
at
LMWR’s
4-hour
chart,
the
peak
for
the
current
bullish
phase
seems
to
have
been
reached
when
the
LimeWire
price
was
able
to
briefly
break
$0.4495.


Should
the
MACD
line
cross
below
the
MACD
Signal
line
within
the
next
12
hours,
it
could
signal
that
the
LimeWire
price
has
entered
a
bearish
cycle.
As
such,
the
crypto’s
price
might
drop
in
the
following
24
hours.


As
the
LimeWire
price
stands
the
risk
of
losing
a
key
support
soon,
investors
might
want
to
consider
a
new,
red
hot
ICO
called



Pepe
Unchained
(PEPU)
.


Breaking
The
Shackles
Of
Its
Clunky
Layer-1
Origins


Pepe
Unchained
(PEPU)
is
on
a
mission
to
overcome
Ethereum’s
scalability
limitations.


To
achieve
this,
the
project
is
doing
what
no
meme
coin
before
it
has
done.
With
its
own
dedicated
Layer-2
network,
Pepe
Unchained
will
give
investors
an
unmatched
transactional
experience
that
is
100
times
faster
than
that
of
Ethereum.


The
token
is
no
clone
of
PEPE,
which
has
become
the
third
largest
meme
coin
by
market
cap.
Instead,
Pepe
Unchained
is
a
completely
new
token
that
is
on
a
mission
to
replace
PEPE
and
usher
the
viral
frog
mascot
into
a
new
meme
coin
era.


In
addition
to
fast
transaction
speeds
and
low
network
fees,
Pepe
Unchained
will
also
offer
investors
huge
staking
rewards.
Anyone
who
buys
the
meme
coin
and
locks
up
their
tokens
during
its
ongoing
presale
stage
gains
access
to
a
16,104%
APY.


It’s
already
caught
the
attention
of
renowned
crypto
YouTuber
Jacob
Bury,
who
ranks
it
among
the
“Next
3
100X
Potential
Crypto
to
Buy
Now?!”


Off
To
A
Roaring
Start


Pepe
Unchained
raised
over
$150,000
within
just
minutes
of
its
ICO
going
live.
Investors
have
continued
to
pour
funds
into
it,
taking
it
to
more
than
$245k
raised
in
just
one
day.

Pepe Unchained

Pepe Unchained


Anyone
that
wants
to
acquire
the
token
at
this
early
stage
can
do
so
through
the
project’s
official
website
using
the
simple
buy
widget
embedded
on
the
site’s
homepage.


Selling
for
$0.008,
PEPU
can
be
bought
using
either
ETH,
USDT,
BNB
or
bank
card.



Purchase
and
stake
PEPU
here
for
up
to
16,104%
in
annual
rewards.


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