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The Kamala Harris worth pumped over 23% within the final 24 hours to commerce at $0.00002386 as of seven:55 a.m. EST as traders rush to build up the meme coin.
This leap within the Harris worth comes because the Democratic nominee for the 2024 US Presidential Election, Kamala Harris, prepares to announce her vice-presidential operating mate.
She is going to reportedly be deciding between Pennsylvania governor Josh Shapiro and Minnesota governor Tim Walz.
The Kamala Harris Value Testing A Essential Assist Degree
4-hour chart for HARRIS/USD (Supply: GeckoTerminal)
The Kamala Harris worth is resting on the important thing assist stage at $0.00002362 after it was rejected by the $0.00003376 resistance stage within the final 16 hours. Ought to the meme coin shut a 4-hour candle under $0.00002362 inside the subsequent 12 hours, it could possibly be prone to plunging to the subsequent mark at $0.00001532.
HARRIS staying above $0.00002362 for the subsequent 12 hours would possibly stop the bearish thesis from enjoying out. On this various situation, merchants may establish the meme coin’s present worth as a protracted alternative. With this potential purchase energy, the Kamala Harris worth may try one other problem on the aforementioned $0.00003376 barrier.
A break above $0.00003376 would possibly then give HARRIS the technical basis wanted to maintain climbing within the following 24 hours. This might consequence within the Kamala Harris worth rising to as excessive as $0.00004390 within the brief time period.
The Kamala Harris Value About To Set off Main Bearish Technical Flags
There are two main bearish technical flags which might be on the verge of being triggered, which may sign a shift in momentum that favors sellers. Merchants will wish to maintain an in depth eye on the Transferring Common Convergence Divergence (MACD) indicator in addition to the 9 and 20 Exponential Transferring Common (EMA) strains.
Within the final couple of hours, the MACD line broke above the MACD Sign line. Merchants normally see this as an indication {that a} crypto has entered a short-term constructive development. Nonetheless, the MACD line has since collapsed in the direction of the MACD Sign line with a possible intersection looming. The prior falling again under the latter is perhaps a bearish signal that sellers have regained management.
In the meantime, the 9 EMA has collapsed in the direction of the 20 EMA. If the hole between the 2 technical indicators continues to slender, it would solely be a matter of time earlier than the 9 EMA crosses under the 20 EMA line to sign a bearish shift in momentum.
Whereas the Kamala Harris worth tries to take care of a place above the $0.00002362 assist stage, traders are flocking to purchase Pepe Unchained (PEPU).
PEPU is a presale undertaking that influential YouTuber ClayBro not too long ago informed his 130,000 subscribers could possibly be ”the highest meme coin arising.”
Unlocking PEPE’s True Potential
Pepe Unchained (PEPU) is a meme coin undertaking that goals to unleash PEPE’s true potential. Up till now, the favored frog-themed token has been held again by the scalability limitations of the highly-congested Ethereum community. This has resulted in PEPE holders paying increased charges for slower transaction occasions.
To repair this, Pepe Unchained will transfer PEPE on to a devoted layer-2 community, which may also take away the token’s transaction processing off of the Ethereum mainnet. PEPU token holders will subsequently get pleasure from a lot decrease community charges and transaction speeds which might be 100 occasions quicker than that of Ethereum. Pepe Unchained additionally comes with its personal blockchain explorer.
Regardless of the undertaking’s aim to maneuver PEPE off of the Ethereum community, traders will nonetheless be capable of seamlessly shift worth between the Pepe Unchained and Ethereum blockchains.
Traders Pivot To Pepe Unchained Throughout The Current Market Crash
Regardless of the latest crypto crash, Pepe Unchained raised greater than $700K up to now 3 days by way of its profitable ICO, bringing the whole to over $7.4 million.
Behold, Pepe the Breaker of Chains! 🐸⛓️ pic.twitter.com/HZ61lgQ1A0
— Pepe Unchained (@pepe_unchained) August 6, 2024
Along with PEPU not being on the mercy of the open markets but, traders are doubtless turning to the undertaking for the 263% APY on provide to consumers at this early stage.
To unlock these rewards, traders can purchase the token through the purchase widget embedded on Pepe Unchained’s house web page.
Binance Coin (BNB), Tether (USDT), Ethereum (ETH) and financial institution playing cards can be utilized to buy the token, which is at present promoting for $0.0089105.
Purchase quickly if you’re as a result of a worth hike is coming in lower than 1 day.
Buy and stake PEPU right here for as much as 263% in annual rewards.
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