Dogecoin

Based

PEPE

<p>As the meme coin market hits the $116 billion market cap, DOGE and PEPE are stealing the spotlight. The sector leader, Dogecoin (DOGE), has increased by nearly 250% in the past 30 days, and PEPE has registered a massive growth of nearly 100% in the past 24 hours.</p>   
<p>As Dogecoin's market cap hits almost $58 billion, PEPE stands at $10.21 billion. Will the bull run in PEPE and Dogecoin drive the next bull run in the crypto market?&nbsp;</p>   
<p>What are the upside potentials in both of these meme coins? In our latest price action analysis, let's learn about the meme coin market leaders, DOGE and PEPE.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-pepe-eyes-0-00010-barrier-nbsp">PEPE Eyes $0.00010 Barrier&nbsp;</h2>   
<p>The daily chart shows a falling channel breakout rally in the PEPE price action. With two consecutive bullish engulfing candles, the meme coin surpasses the trend-based Fibonacci level of 38.20%.</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/14125028/image-229-1024x479.png" alt="PEPE chart" class="wp-image-379669">
</figure>   
<p><a href="https://www.tradingview.com/x/6WgPUwHB/" target="_blank" rel="noreferrer noopener">Tradingview</a></p>   
<p>The two engulfing candles account for a price jump of more than 200%, challenging the 50% Fibonacci level at $0.000025. The meme coin is currently trading at $0.000024 with an intraday gain of 17.79%, creating a new all-time high at $0.00002567.&nbsp;</p>   
<p>The bull run started with a morning star pattern near $0.00000718 and has led to nine consecutive bullish candles over the past 10 days. As the falling channel breakout rally marks a bullish flag pattern under the prevailing bull run in early 2024, PEPE's underlying potential is massive.&nbsp;</p>   
<p>Further, with the recent listing of PEPE over Coinbase and Robinhood, the sentiments around the meme coin are extremely bullish.&nbsp;</p>   
<p>The weekly chart's MACD and signal lines show a positive crossover in support. Based on the Fibonacci levels, PEPE's upside target stands at $0.00000104. This will repeat a similar bull run to that witnessed in early 2024.</p>   
<h2 class="wp-block-heading" id="h-dogecoin-doge-price-targets-1">Dogecoin (DOGE) Price Targets $1&nbsp;</h2>   
<p>Similar to PEPE, Dogecoin's price action shows a bullish rally. In the weekly chart, the DOGE price action reveals five consecutive bullish candles, accounting for a 253% price jump.</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/14125017/image-228-1024x479.png" alt="DOGE chart" class="wp-image-379668">
</figure>   
<p><a href="https://www.tradingview.com/x/wgMYHimZ/" target="_blank" rel="noreferrer noopener">Tradingview</a></p>   
<p>The bull run started near the $0.111 mark as it took a morning star reversal from the $0.10 psychological mark. The bullish revival in DOGE has surpassed the 78.60% Fibonacci level at $0.3468. The meme coin trades at $0.39368, with a week-to-date gain of 41.65%.</p>   
<p>This also marks a rounding bottom breakout rally with a neckline near the 61.80% Fibonacci level. As Dogecoin is trading at its 52-week high, the MACD and signal lines give a positive crossover due to the surge in buying pressure.</p>   
<p>Heading towards its all-time high level of $0.7390, the high-momentum rally in DOGE will likely create a new all-time high. Based on the Fibonacci retracement tool, the upside targets for Dogecoin are present at the $1 psychological mark and $2.38.</p>   
<p>Find out more DOGE price targets in our latest <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noreferrer noopener">Dogecoin price prediction</a>!</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1731568881560">
  <strong class="schema-faq-question">What are the upside targets for Dogecoin?</strong> 
  <p class="schema-faq-answer">Based on the Fibonacci retracement levels, the upside targets for Dogecoin are the $1 psychological mark and potentially reaching $2.38.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1731568887914">
  <strong class="schema-faq-question">What support levels and patterns are aiding PEPE’s bullish rally?</strong> 
  <p class="schema-faq-answer">The PEPE rally started with a morning star pattern near $0.00000718, leading to a falling channel breakout. It currently challenges the Fibonacci level at 50%, showing bullish solid support.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1731568888275">
  <strong class="schema-faq-question">What is driving the current price surge in PEPE?</strong> 
  <p class="schema-faq-answer">A falling channel breakout rally drives PEPE's current price surge, two consecutive bullish engulfing candles, and a positive crossover in the MACD signal line.</p> 
 </div> 
</div>

DOGE and PEPE Drive the Memecoin Rally: Upside Targets Revealed

Table of Contents

CoinPedia News

Other articles published on Nov 14, 2024

Dan Gallagher in the Lead as Trump’s Pick for SEC Chair: Report

BTC Price Rally Pulls Up Bitcoin Open Interest to New All-Time High at $55.7B

Experts Warn Crypto Traders About Market Risks

Donald Trump’s Plan to Eliminate Capital Gains Tax on U.S. Cryptocurrencies

Toncoin, VeChain, & Litecoin: Bull Run Outsiders or Cryptos Ready for a Massive Takeoff?

Trump Appoints Elon Musk to Lead ‘Department of Government Efficiency’ – DOGE Rockets 70%

Join our free newsletter for daily crypto updates!