The post Traders Remain Bullish on Pepe (PEPE), While Dogecoin (DOGE) Price is Gaining Momentum—Here’s What’s Next! appeared on BitcoinEthereumNews.com.

The crypto markets displayed some stability during the weekend as the buyers are slowly gaining back the momentum. Moreover, it appeared that the ‘smart traders’ waited for the selling pressure to intensify, which triggered the panic sellers. With a decent rebound, the traders see huge bullish prospects for Pepe (PEPE), while Dogecoin (DOGE) prepares for a fine rebound. As the bullish sentiments have surged close to 90%, a 20% upswing is expected in their prices soon.  Dogecoin (DOGE) Price Analysis The Dogecoin price has displayed huge strength as the bulls strongly defend the interim support at $0.3. This substantiates the bullish claim, which suggests the price is ready to leap beyond $0.4, which could pave the way for the popular memecoin to mark fresh yearly highs at $0.5. Meanwhile, bearish interference is expected in the short term, which could delay the progress of the rally, compelling the token to drop marginally by 7% to 8%.  The DOGE price chart suggests the bulls have awakened and have been extremely vigilant over the prevailing price action. As a result, they are preventing the price from dropping below the ascending trend line, keeping the rally stuck at 0.618 FIB at $0.3361. On the other hand, the volume has dropped to a large extent, reaching levels below the average and the DMI levels converge to a point. This suggests some uncertainty within the traders, which has kept the bulls on hold.  However, as long as the price trades above the support zone between $0.3035 & $0.3093, the rally remains within a bullish influence with higher chances of a rebound. Meanwhile, a rise above the resistance zone between $0.35 and $0.36 may attract buying pressure that could further raise the levels above $0.4.  Pepe (PEPE) Price Analysis Pepe Price is testing the crucial support zone…

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Filed under: News - @ January 13, 2025 12:26 pm