Dogecoin

Pepe Coin

Date: Mon, March 24, 2025 | 03:34 PM GMTThe cryptocurrency market is showing strong upside momentum today as Ethereum (ETH) surges over 4%, pushing past the $2,075 mark. With ETH posting impressive weekly gains of 9%, its rally has provided much-needed relief to <a href="https://coinsprobe.com/sol-gains-momentum-following-key-breakout-is-sui-gearing-up-for-a-similar-move/" rel="noopener noreferrer nofollow">altcoins</a> and memecoins, many of which have suffered sharp corrections over the past 90 days.Among them, Dogecoin (DOGE) and Pepe (PEPE) are showing promising signs of recovery. DOGE has surged 6%, breaking out of a key technical pattern, while PEPE is mirroring a similar price structure, setting up for a potential trend reversal.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/e99f7036a99d424db989999b05d4786d.png" />Source: Coinmarketcap<h3 id="dogecoin-doge-breaks-out-of-falling-wedge">Dogecoin (DOGE) Breaks Out of Falling Wedge</h3>Dogecoin has successfully broken above a falling wedge pattern, a bullish signal that typically indicates a potential trend reversal. The breakout occurred around $0.1660, and the price has since surged to $0.1825.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/96e99b906c7e4a86bb51d535c6b42147.png" />Dogecoin (DOGE) Daily Chart/Coinsprobe (Source: Tradingview)If bullish momentum continues, the next key resistance zone lies at $0.20, which aligns with the 50-day moving average (MA). A move above this level could push DOGE toward the $0.24 resistance and possibly to the 100-day MA at $0.28, representing a potential 57% increase from current levels.On the downside, DOGE must hold support above $0.1660 to maintain its bullish trajectory. A breakdown below this level could see the price retesting lower support at $0.15.<h3 id="pepe-pepe-gearing-up-for-a-potential-breakout">Pepe (PEPE) Gearing Up for a Potential Breakout</h3>Similar to DOGE, PEPE has been following a falling wedge pattern, a classic bullish reversal setup, since reaching its all-time high of $0.000028 on December 4, 2024. Recently, the token rebounded from the lower trendline support at $0.0000052 and has climbed to $0.0000078, approaching a critical breakout zone near the 50-day moving average (MA).<img src="https://academy-public.coinmarketcap.com/optimized-uploads/97fbd2b5c27445a1a0ec3dd85be560da.png" />PEPE Daily Chart/Coinsprobe (Source: Tradingview)A confirmed breakout and retest of the wedge’s upper boundary could propel PEPE toward the $0.000010 resistance. If bullish momentum continues, PEPE may target the 200-day MA and the $0.00001475 price level—marking a potential 88% rally from its current price.<h3 id="final-thoughts">Final Thoughts</h3>With Ethereum (ETH) leading the market’s recovery, top memecoins like DOGE and PEPE are showing early signs of a bullish reversal. DOGE has already broken out of a key falling wedge pattern, while PEPE is approaching a critical resistance level that could confirm its trend shift.Traders should keep an eye on trading volume, moving averages, and momentum indicators to confirm the strength of these breakouts. A bullish continuation in these memecoins could trigger larger upside moves in the broader altcoin market.Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.Also Read: <a href="https://coinsprobe.com/aixbt-and-griffain-see-double-digit-gains-could-this-pattern-lead-to-a-recovery/" rel="noopener noreferrer nofollow">AIXBT and GRIFFAIN See Double-Digit Gains – Could This Pattern Lead to a Recovery?</a>

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

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