$PEPE $DOGE Price Breakout Mirrors 2021, Here’s How

Max said in an X-rated post that PEPE is the Dogecoin of this cycle because its price action resembles the 2021 bull run. He said cryptocurrencies see a higher low over a longer time frame (HTF) and a PEPE when Bitcoin breaks above its ATH from the previous cycle.

This has happened with Dogecoin in 2021, according to the coin’s creator. PEPE has exploded while others are retesting higher lows, mirroring Dogecoin’s price behavior in 2021, according to his chart. Max expects PEPE to take off.

The crypto creator has previously compared PEPE to Dogecoin. Last year, he compared PEPE’s price action to Dogecoin’s in 2020. If he followed DOGE’s price action, he predicted a big price breakout this year.

When he made this prediction, PEPE’s market valuation was $600 million. Since then, the leading meme coin has grown exponentially to $8 billion. PEPE is one of the best performing cryptocurrencies this year, up 1,400% year-to-date. According to Max’s latest comments, PEPE’s rise could be just the beginning as the joke coin replicates Dogecoin’s price action in 2021.

PEPE Making a Big Bull Flag

Crypto researcher and trader Crypto Zeus noted a possible ‘big’ bull flag for PEPE in a post X. The meme coin could continue its upward trajectory after this period of consolidation with this bull flag. The expert also predicted a surge in PEPE when Bitcoin reaches new highs.

Crypto researcher Chandler noted the bullish flag on PEPE. This bullish signal suggests that the leading meme coin will continue to rise soon. The analyst’s chart suggested that PEPE could reach $0.000038 on its next surge.