Altcoin News Daily Official TheBitTimes.com

The Pepe price plunged 6% in the last 24 hours to trade at $0.000007205 as of 00:36 a.m. EST on trading volume that soared 36% to $748 million. The PEPE price plummeted as the broader meme coin market’s market capitalization shed 3% to $41 billion. Pepe Price Set For A Bullish Trend Reversal The Pepe price recently capitalized on the inverse head-and-shoulders pattern to soar to the $0.0000080 resistance zone, according to data from GeckoTerminal . However, the bears have recently taken control of the price, with the asset now on a downward trend but within the $0.00000720, which coincides with the two shoulders of the inverse head-and-shoulders pattern. The downtrend from the resistance has pushed the price of Pepe coin to trade below both the 50-day and 200-day Simple Moving Averages (SMAs). Moreover, the Relative Strength Index (RSI) is also falling below the neutral line, currently at 36, showing that PEPE is under intense selling pressure and is now undervalued. With ...

The Simon’s Cat price dropped 14% in the last 24 hours to trade at $0.00002416 as of 06:00 a.m. EST on trading volume that dropped 6% to $100 million. Simon’s Cat Price Aims For A Continued Surge Since its launch, Simon’s Cat has been on an uptrend, trading within the rising channel pattern, according to data from GeckoTerminal . CAT’s price aims for a continued bullish rally, as the token now surpasses the lower boundary of the rising channel. The Relative Strength Index (RSI) is currently on a rebound from the 50-midline level, as it hurtles towards the overbought region, currently at 56. The soaring RSI is an indication that CAT is under intense buying pressure. As the RSI rebounds, the buying pressure may intensify, which may in turn exert pressure on the price of Simon’s Cat. In this scenario, CAT could soar above the rising channel as the bulls target $0.0000350. CATUSD Chart Analysis Source: GeckoTerminal.com However, if the bears tak...