$DOGE and $PEPE Drive the Meme Coin Rally: Upside Targets Revealed - CoinPedia Analytics
PEPE and Dogecoin have shown strong bullish rallies, driven by technical patterns and market sentiment. PEPE's breakout from a falling channel, marked by two consecutive bullish engulfing candles, has led to a 200% price jump, surpassing the 38.20% Fibonacci level. Its recent all-time high of $0.00002567, following a morning star pattern, reflects growing sentiment, amplified by listings on Coinbase and Robinhood. The Fibonacci target for PEPE’s upside is $0.00000104.
Similarly, Dogecoin has surged 253%, surpassing key Fibonacci levels and trading at $0.39368. The MACD crossover indicates strong momentum, with potential to hit its all-time high of $0.7390. Fibonacci projections suggest Dogecoin could reach $1 and even $2.38. Both PEPE and Dogecoin showcase significant upside potential, fueled by positive technical indicators and increased market interest.