😱🚀🚀Watch out for these 2 Meme Coins this week DOGE and PEPE Bullish signal is on
1)Meme Coins To Buy – Dogecoin ($DOGE )
Dogecoin (#DOGE ) is a popular cryptocurrency created as a joke based on the “Doge” meme featuring a Shiba Inu dog. Over the past ten weeks, the DOGE price has witnessed a steady correction trend guided by a downsloping trendline in the daily chart.
The steep resistance plunged this memecoin from $0.228 to $0.1449 registering a loss of 36%. Dogecoin currently holds a market cap of $21.08 Billion, while the 24-hour trading volume is $799.
If the supply pressure persists, the DOGE could fall to the monthly support of $0.122 coinciding with the 61.8% Fibonacci support. For buyers to regain control over this asset, a breakout above the overhead resistance is needed.
If successful, the DOGE Price prediction hints at a rally to challenge the $0.228 high.
2) Pepe Coin ($PEPE )
Pepe coin (#PEPE ) is a meme-based cryptocurrency inspired by the popular internet meme character Pepe the Frog. Amid the recent market correction, the PEPE price formed a new high at $0.00001725 and tumbled 28% trading at $0.0000123.
As per data from Coinmarketcap, the Pepe coin shows a market cap of $5.2 Billion, while the trading volume fell 34% to $1.31 Billion. The falling coin price recently breached a support trendline that carried the last two months’ recovery. If the breakdown is sustained, the PEPE price
could plunge to the $0.000006 mark.
However, a whale recently purchased 231.6 billion Pepe coin (PEPE) tokens worth $2.9 million from Kraken. This brings the whale’s total holdings to 750.34 billion PEPE, valued at $8.34 million, acquired at an average price of $0.00001111 since March 16.
