Pepe

Dogecoin

Daily

Coin

<ul class="news-points"> 
 <li>Analyst KALEO shared that he is very bullish on PEPE and DOGE in his latest meme coin analysis.</li> 
 <li>According to the analyst, PEPE’s market cap may soon climb above $1 billion.</li> 
 <li>Meanwhile, DOGE continued to trade above a negative trend line on its daily chart.</li> 
</ul> 
The cryptocurrency trader and analyst KALEO shared his latest take on Pepe (PEPE) and Dogecoin (DOGE) in a YouTube <a href="https://www.youtube.com/watch?v=K9MH8-V_E6o" target="_blank" rel="noopener noreferrer nofollow">video</a> uploaded yesterday. In the analysis, he highlighted that both meme coins broke out of bearish trend lines on their daily charts. Subsequently, the analyst is very bullish on both DOGE and PEPE for this week. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full"> 
 <img decoding="async" width="1835" height="893" src="https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1.png" alt="" class="wp-image-328495" srcset="https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1.png 1835w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-300x146.png 300w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-313x152.png 313w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-380x185.png 380w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-768x374.png 768w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-1536x747.png 1536w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-696x339.png 696w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-127x62.png 127w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-159x77.png 159w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-255x124.png 255w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-795x387.png 795w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-440x214.png 440w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-414x201.png 414w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-326x159.png 326w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-377x183.png 377w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-328x160.png 328w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-144x70.png 144w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-123x60.png 123w, https://coinedition.com/wp-content/uploads/2023/08/Doge-1-1-129x63.png 129w" sizes="(max-width: 1835px) 100vw, 1835px"> 
 <figcaption class="wp-element-caption"> Daily chart for DOGE/USDT (Source: <a href="https://www.tradingview.com/x/eHIDpb2H/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>) 
 </figcaption> 
 </figure> 
</div> 
Since the analysis was uploaded, <a href="https://coinedition.com/dogecoin-doge-price-prediction/" rel="noopener noreferrer nofollow">DOGE’s price</a> had broken back below the negative trend line that had formed on its daily chart. Nevertheless, KALEO speculated that it will be a good idea to accumulate DOGE as long as its price remains above $0.07. Furthermore, technical indicators suggested that momentum was still in favor of bulls at press time. 
The 9-day EMA line was positioned above the 20-day EMA line, and both of these technical indicators were positioned above the 50-day EMA line as well. This indicated that short-term and … 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/doge-pepe-set-for-big-price-breakouts-this-week-analyst/">DOGE, PEPE Set for Big Price Breakouts This Week: Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

DOGE, PEPE Set for Big Price Breakouts This Week: Analyst

Coin Edition

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