XRP Teeters on Edge While Pepe Coin Eyes 30% June Surge
XRP charts flash warning signals—could a nosedive be imminent? Meanwhile, Pepe Coin defies gravity with a potential 30% rally this month.
Market watchers brace as the 'meme vs. regulated' crypto showdown gets spicy. Just another day in the casino—sorry, 'decentralized finance ecosystem.'
XRP Price Forming Bearish Pattern: Will the Support Hold?
The XRP price has been experiencing immense bearish pressure in the ongoing market correction, declining over 5% over the past week. Now, it is forming a bearish head and shoulder pattern with the right shoulder still forming. This pattern has a neckline support at the $2 psychological level. If the XRP price slides below this support, $1.90 could be the next stop.
Image source: CoinMarketCap
XRP price’s RSI indicator is currently at 43, showing a neutral stance. However, the MACD indicator is forming a bearish crossover, with the short-term MA crossing below the long-term MA.
While technical indicators show negative signs for the XRP price, many believe it could recover to its previous levels. Analysts are keeping a close eye on whether it can hold the $2 support level.
Can Pepe Coin Regain Its Early May Momentum?
Pepe Coin surged nearly 100% in the first half of May, and now analysts are discussing whether it could continue the bull trend. The meme has a total value of $4.88 billion, and its current price is $0.000011. As the top-ranked meme coin, PEPE Coin has enjoyed its meme coin status and community hype.
However, it has suffered DEEP drops in recent weeks as meme coins corrected after a strong rebound. Some analysts believe Pepe Coin might be ready for a strong comeback, despite the recent dip. In the past, big whale moves have often come before price rebounds.
Going forward, Pepe Coin could face major obstacles at the $0.000013 and $0.000015 resistance levels, from which it was rejected last week. From a technical standpoint, PEPE’s price action shows bullish signals as it has not lost its previous trend gains, while major coins have lost over 80% of their May rally.
Unilabs Finance: The Future of DeFi Investments
As the XRP price struggles in the current market conditions and PEPE coin has yet to establish a new trend, Unilabs Finance (UNIL) is empowering investors with AI-driven investment strategies and passive income.
Unilabs Finance is the first asset management platform fully powered by artificial intelligence. It provides investors with institutional-grade investment strategies that could provide high ROIs in a bear market. With the help of AI, Unilabs scans the market in real time and gives helpful insights so investors can make better decisions based on facts.
Another highlight of the platform is the ability to generate consistent passive income for investors. UNIL offers several passive income opportunities, including a 12-tier reward system and yield optimization pools.
The unique infrastructure and exceptional features have already helped the UNIL token gain strong momentum, with over $2.3 million raised in a short period. In the ongoing presale, investors can buy tokens at a discounted price of $0.0062.
Unilabs and Pepe Coin: Two Opportunities You Don’t Want to Miss
Pepe Coin is in correction mode right now, but the bullish trend is still intact. A strong bounce from the current level could push the price to new monthly highs. Meanwhile, UNIL is already minting big returns for investors, as it has already delivered an ROI of 55% in just two weeks.
Don’t wait for the presale to end; experts recommend grabbing UNIL at a low price before it skyrockets.
Presale: https://www.unilabs.finance/
Buy Presale: https://buy.unilabs.finance/
Telegram: https://t.me/s/unilabsofficial
Twitter: https://twitter.com/unilabsofficial