The innovative meme code has attracted the attention of crypto enthusiasts despite majors like Bitcoin continuing to experience sales pressure. For example, two weeks after the pre-sale, Bitcoin Pepe Four stages have already been sold out. For early adopters who purchased BPEP tokens at a launch price of $0.0210, their investments have already earned a cumulative profit of 15.7%.
By the end of the 30th stage, token prices will rise by 311.4%. So this is the perfect time for investors to jump on this profitable bandwagon.
If it falls below $90,000, Bitcoin prices will be pushed to oversold territory.
After winning a fresh high about a month ago, Bitcoin prices have fallen below the key support zone of $89,000 for the first time since mid-November 2024. At the time of writing, it was trading at $86,750 after extending losses from the last two sessions.
The Bulls remain optimistic that Crypto Major will reach $200,000 later in the year, but low trading activity could result in further losses in the short term.
Looking at the daily charts, you can see Bitcoin price trading below EMA for 25th and 50 days. In particular, these two MASs form a cross-pattern of bearish deaths. It refers to further losses for the time being. On top of that, the 27 RSI places the code in sold out territory with the indicator facing downwards.
Based on the technology, the range from $85,073 to $89,811 is worth watching. Even with further revisions, the bullish momentum could potentially face resistance at $91,524. Conversely, a low support zone of $81,468 could be at the right level to cause a stop loss.
Bitcoin Pepe is getting taller amid bibit related anxiety
As Bybit and Infini Hacks bring dives in the broader crypto market, Bitcoin Pepe remains on the upward momentum. Its positioning, timing and infrastructure have become particularly appealing among memecoin enthusiasts.
To begin with, it entered the market during the pro-cryptic US president’s tenure. This environment, coupled with the approach to building “Solana on Bitcoin”, has led more investors to rush to accumulate some BPEP tokens while still affordable.
Furthermore, the Layer 2 solution that promises to make the Bitcoin network a playfield of memecoin is a missing puzzle in Bitcoin. It combines Solana’s rapid trading with Bitcoin security with the super popular meme culture.
At the time of writing, it had raised over $3.4 million. Prior to the listing at Q2’25, this project could cause its value to spike multiple folds. Hurry up to buy Bitcoin Pepe here.
Ethereum Price finds new scaffolding at the thickness of the crypto sales
Jitter emanates from the Bibit Hacks has encouraged the latest crypto cell-off. Like other crypto majors, Ethereum prices have fallen below previously stable support levels. More specifically, we defeated support for $2,500, which has been stable since early November 2024.
At 35 RSIs it is located near oversold territory. In addition, as seen on the daily charts, we continue trading at short-term 25-day EMA or below.
For the time being, Ethereum prices could potentially find support at an intraday low of $2,317 on Tuesday, but there’s some resistance at $2,565. Additionally, the rebound could curb profits at $2,765 along the 25-day EMA.
