XRP Price Prediction: Ripple Token XRP Soars Another 7% As Pepe Unchained Presale Surges Past $35.7M Amid A FOMO Frenzy

The
XRP
price
soared
7%
in
the
last
24
hours


to
trade
at
$1.16

as
of
02:27
a.m.
EST
on
trading
volume
that
plunged
56%
to
$10
billion.

This
comes
as
XRP
records
an
increase
in
Open
Interest
(OI)
as
long/short
data
shows
that
traders
are
biased
towards
shorts.
However,
an
increase
in
both
OI
and
prices
indicates
a
bullish
trend,
as
it
is
a
signal
that
new
money
is
entering
the
market.

Could
regulatory
clarity
and
upcoming
technical
changes
spur
more
growth
for
the
XRP
price?

XRP
Price
Could
Still
Soar

The
XRP
price
has
recently
experienced
a
sharp
breakout,
evidenced
by
a
significant
upward
movement
through
a
parabolic
curve.
This
parabolic
price
action
is
characteristic
of
strong
bullish
momentum,
as
the
bulls
capitalized
on
the
$0.55
support
to
push
the
price
up,
according
to
data
from
GeckoTerminal.

The
price
of
XRP
is
now
well
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
an
indication
that
the
bullish
stance
has
been
prolonged.

Meanwhile,
the
Relative
Strength
Index
(RSI)
is
at
86,
which
shows
that
the
asset
is
overbought,
which
could
suggest
that
a
pullback
or
short-term
consolidation
is
possible.
However,
during
strong
bullish
trends,
RSI
can
remain
elevated
for
extended
periods.

The
Moving
Average
Convergence
Divergence
(MACD)
also
supports
the
bullish
sentiments,
as
the
blue
MACD
line
at
0.1331,
is
well
above
the
signal
line
(0.0687)
and
the
zero
line,
confirming
strong
bullish
momentum.
The
histogram
is
highly
positive,
with
the
green
bars
on
the
histogram
extending
above
the
zero
line,
supporting
the
continuation
of
upward
momentum
in
the
short
term.

XRP
Price
Prediction

According
to
the
XRP
price
analysis,
if
the
price
sustains
above
$1.00
with
high
volume,
it
could
test
higher
resistance
levels,
such
as
$1.20
and
beyond.

Conversely,
given
the
overbought
RSI,
a
short-term
pullback
to
$1.00
or
$0.80
is
plausible
before
another
leg
up.

Meanwhile,
as
the
XRP
price
soars,
the


Pepe
Unchained
(PEPU)

presale
is
another
token
on
a
tear
after
blasting
past
$35.9
million
in
funds
raised. 

YouTube
channel
99Bitcoins,
with
over
706K
subscribers,
says
it
has
the
potential
to
soar
turn
$1k
to
$10k
after
launch.

Pepe
Unchained
Presale
Enters
Last
25
Days
Amid
Exchange
Listing
Speculation

Pepe
Unchained
continues
to
gain
momentum
in
the
meme
coin
space
and
is
now
easily
the
most
successful
meme
coin
presale
of
the
year.

As
its
name
suggests,
the
project
aims
to
free
Pepe
from
the
limitations
of
his
old,
cumbersome
Layer
1
server.
The
project
will
operate
on
its
own
proprietary
Ethereum
Layer
2
blockchain,
promising
a
more
efficient
and
scalable
solution
with
faster
transactions
and
lower
costs.

This
positions
it
as
a
formidable
competitor
to
its
predecessor,
Pepe
(that
soared
763x),
as
it
aims
to
become
the
leading
frog-themed
meme
coin
in
the
market.

We’ve
been
approached
by
several
Tier
1
exchanges
interested
in

$PEPU.

While
this
is
an
exciting
opportunity
that
will
boost
visibility
and
liquidity,
it
also
requires
careful
planning
to
ensure
the
best
possible
launch.

—
Pepe
Unchained
(@pepe_unchained)

September
18,
2024

The
development
team
also
has
ambitious
goals,
and
recently
unveiled
Pepe’s
Pump
Pad,
a
meme
coin
launchpad
that
will
take
on
Solana’s
Pump.fun.

Token
holders
can
also
earn
passively
through

the
platform’s
staking
system,
which
offers
an
annual
percentage
yield
(APY)
of
77%.

With
a
countdown
timer
now
introduced
for
the
presale,
there
are
only
25
days
before
the
project
is
listed
on
tier
1
exchanges.

Could
PEPU
be
the
next
meme
coin
to
explode
after
potential
listings
on
major
exchanges
like
Coinbase
or
Binance?

The
original
Pepe
itself
experienced
massive
gains
after
listings
on
Coinbase
and
Robinhood
last
week,
hinting
at
a
similar
future
trajectory
for
a
heavyweight
ICO
like
PEPU.

You
can


buy
$PEPU
tokens
from
the
official
website
here
for
$0.012891

using
ETH,
USDT,
or
a
bank
card.

Related
News