PepeCoin

Date: Wed, Nov 13, 2024, 02:06 PM GMTIn today’s cryptocurrency market, Bitcoin (BTC) has resumed its upward momentum, gaining &#43;5% and hovering near $91,000. This bounceback has sparked renewed enthusiasm among <a href="https://coinsprobe.com/pnut-and-doge-records-new-all-time-highs-after-massive-rallies-whats-driving-the-surge/" rel="noopener noreferrer nofollow">memecoins</a>, with Pepe (PEPE)—the third-largest memecoin by market cap—leading the rally. PEPE surged by an impressive 46%, hitting a new all-time high of $0.00001999, with 40% of this gain coming within the last hour following a major listing announcement.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/82bbb14f9c9d4e198ccb7bb861bf1f1e.png" />Source: Coinmarketcap<h3 id="robinhood-lists-pepe">Robinhood Lists PEPE</h3>The primary catalyst behind PEPE&#39;s explosive rally is the recent <a href="https://newsroom.aboutrobinhood.com/robinhood-crypto-expands-offering-with-solana-sol-pepe-pepe-cardano-ada-amp-xrp-xrp-for-u-s-customers/" rel="noopener noreferrer nofollow">announcement </a>by Robinhood Crypto Exchange. Just an hour ago, Robinhood revealed that it has added four new cryptocurrencies to its U.S. trading platform: Solana (SOL), Pepe (PEPE), Cardano (ADA), and XRP (XRP). This brings the total number of cryptocurrencies available on Robinhood’s platform to 19.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/bec53f78166e4e7cb24688a1f836a955.png" />Source: &#64;RobinhoodApp (X)The listing on such a widely used platform has fueled buying interest in PEPE, propelling it to new heights.<h3 id="is-the-bullish-rally-just-starting">Is the Bullish Rally Just Starting?</h3>The price chart shows a promising bullish setup for PEPE. After breaking out of a descending triangle on Nov 7 at $0.00001070, PEPE rallied to $0.00001459 before experiencing a pullback to the support level at $0.00001275. Following today’s listing news, PEPE not only broke its previous all-time high of $0.00001718 but also surged past $0.00001999.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/5cd749a8b9874da18f88c1e3b1201131.png" />At its current level around $0.000018, PEPE may undergo a short retest of its previous all-time high before continuing its upward movement. If it successfully holds this level, PEPE could potentially rally towards its upper trendline on the chart, which would represent nearly a 100% gain from its current price. Technical indicators also point to strong bullish momentum, with the RSI (Relative Strength Index) climbing, though traders should monitor for any signs of overbought conditions.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.Also Read: <a href="https://coinsprobe.com/pnut-and-doge-records-new-all-time-highs-after-massive-rallies-whats-driving-the-surge/" rel="noopener noreferrer nofollow">PNUT and DOGE Records New All-Time Highs After Massive Rallies: What’s Driving the Surge?</a>

PEPE Hits New All-Time High Following Robinhood Listing: Is The Bullish Rally Started?

Table of Contents

CoinsProbe

Other articles published on Nov 13, 2024

Booth numbers C130 and C140，SuperEx participates in the W2140 Bangkok Summit

Bitcoin Surges Past $81,000 Amid Trump’s Victory and Pro-Crypto Political Shift

DeFi Technologies Creates A New Company To Challenge Bitcoin, SolFi To Be The MircoStrategy for S...

Chainlink Price Prediction: Is LINK Price Set to Rise?

Missed Out on Chainlink Early Gains? This Layer-1 Project is Set to Explode to $15 After Mainnet ...

Chainlink Whales Massively Accumulate LINK

Join our free newsletter for daily crypto updates!