Dogecoin

Pepe Coin

Date: Thu, March 13, 2025 | 03:54 AM GMTThe cryptocurrency market is showing signs of recovery after a sharp sell-off earlier this week. The recent drop in U.S. inflation to 2.8% has fueled optimism, with Bitcoin (BTC) now trading above $83K after bouncing from its 24-hour low of $80K.Among the beneficiaries of this market turnaround, two of the most popular meme coins—Pepe (PEPE) and Dogecoin (DOGE)—are showing signs of strength. PEPE has surged over 17%, breaking out of a key technical pattern, while DOGE is up by 6%, hinting at a potential similar breakout of its own.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/7157c2d3e244498e9b0fcdf4b3d7e7a8.png" />Source: CoinmarketcapBoth memecoins have suffered significant declines over the past 90 days, but the current market structure suggests that a recovery phase could be underway.<h3 id="pepe-pepe">Pepe (PEPE)</h3>PEPE has successfully <a href="https://coinsprobe.com/pepe-approaches-key-resistance-could-a-breakout-spark-recovery/" rel="noopener noreferrer nofollow">broken out</a> of a falling wedge pattern that had been restricting its price movement for weeks. Today, the token managed to surpass the upper trendline of the wedge around the $0.0000063 range, marking a shift in sentiment. With this breakout, PEPE is currently trading around $0.0000072, signaling renewed bullish momentum.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/1caad312278a432f8618180588699b06.png" />PEPE Daily Chart/Coinsprobe (Source: Tradingview)If PEPE continues this upward trajectory, the next major resistance level lies between $0.0000090 and $0.000010, where the 50-day moving average is also positioned. A decisive move above this level could lead to a push toward the next key resistance at $0.00001478. This would represent a potential 103% upside from the current price.However, there is also a possibility that PEPE might retest the breakout level before confirming further gains.<h3 id="dogecoin-doge">Dogecoin (DOGE)</h3>DOGE has been following a similar trajectory to PEPE, trading inside a falling wedge pattern since its rejection from the $0.48 high on December 7. The token recently rebounded from a low of $0.14 and is now testing the upper resistance of the wedge at around $0.17.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/5b0fa6580ab44661a4a3f435b8dcd1bf.png" />Dogecoin (DOGE) Daily Chart/Coinsprobe (Source: Tradingview)If DOGE confirms a breakout with a successful retest, its next resistance zone sits between $0.22 and $0.24, where the 50-day moving average could act as a barrier. A strong move beyond this region could pave the way for a rally toward $0.2862, offering a potential 67% upside from the current price.On the downside, if DOGE fails to break out, it could remain within the wedge pattern, possibly retesting the lower support levels again.<h3 id="final-thoughts">Final Thoughts</h3>PEPE’s breakout has set the stage for a bullish continuation, while DOGE is now at a critical decision point. If DOGE follows a similar trajectory, traders could witness significant gains in the coming days. As always, market participants should closely monitor price action, volume confirmation, and macroeconomic developments before making investment decisions.Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.Also Read: <a href="https://coinsprobe.com/mantra-om-keeps-90-holders-in-profit-are-more-gains-ahead/" rel="noopener noreferrer nofollow">Mantra (OM) Keeps 90% Holders in Profit – Are More Gains Ahead?</a>

PEPE Gains Momentum Following Key Breakout – Is DOGE Gearing Up For A Similar Move?

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