The resurgence of meme currencies has coincided with a notable 11% surge in Pepe's price.
Confirmation of an uptrend hinges on Pepe breaking and closing above the $0.00000937 mark.
Drawing parallels with past performances, FLOKI could emerge as the standout gainer in the meme coin sector following Pepe's rally.
Amidst Bitcoin's recent strength, Pepe has joined the broader crypto market's upward trajectory, signaling a revival.
The unexpected surge in meme coins alongside Pepe underscores the sector's resilience and potential.
Pepe's price surge, driven by capital inflows from the Bitcoin market, has formed a bullish falling wedge pattern, hinting at a reversal from its recent downtrend.
Continued bullish sentiment, reflected in indicators like the Awesome Oscillator and Relative Strength Index, suggests Pepe's price could remain buoyant, especially with BTC's support.
In the event of resistance around $0.00000874 to $0.00001003, Pepe might face a temporary setback, potentially retracing to the $0.00000581 support level before resuming its ascent.
As Pepe leads the charge, all eyes are on FLOKI, poised to follow suit in the meme currency resurgence.
