Memecoins had a strong November as risk-on sentiment in the cryptocurrency industry grew. Pepe Coin’s price was one of the best performers, more than doubling in value. So, how high can the third-largest memecoin go in December?
Pepe Coin price has positive technicals
Technical analysis of the Pepe Coin price shows that it has now fallen for two consecutive weeks and could potentially rebound. The coin formed a cup with handle pattern between May and November this year.
The C&H pattern forms when an asset forms a rounding bottom. In this case, the upper side of this cup is $0.00001717, which was broken on November 13. Ideally, when this breakout occurs, traders estimate the next target by measuring the depth of the cup. The depth is about 65%. Therefore, if we measure 65% from $0.00001717, we estimate that the coin will bounce to $0.000028.

UNI price reclaims multi-month highs, recording a strong bullish rebound. According to the latest on-chain sentiment, the Uniswap chain has seen a 30.36% increase in total value locked (TVL) this month and has surged about 70% this year, highlighting strong fundamentals.
As on-chain sentiment heats up, will Uniswap price hit a new 52-week high soon? You only need a few minutes to understand the short-term possibilities for the Uniswap (UNI) crypto token.
UNI price retests its important resistance level!
Uniswap price has maintained its bullish price action against all odds. Notably, the altcoin surged by about 10% in 24 hours with a trading volume of $1.231 billion and a gain of +108.08%.

XLM price has been trending sharply higher since mid-November. However, the momentum was briefly interrupted over the weekend as the broader cryptocurrency market followed Bitcoin’s downtrend. Nonetheless, the market resumed gains on Wednesday, with Stellar breaking out of a bullish flag pattern. We discussed why this could be a path to the $1 mark.
XLM Price Sparks Parabolic Rally to $1
A consolidation phase typically occurs after an exponential price rally, like what Stellar’s ​​price has experienced recently. A brief period of profit-taking forms a “flag pattern.” In a market rally, a breakout of a flag pattern implies a return to the prior upward trajectory. In XLM’s case, the breakout occurred on Wednesday, and continued price gains on Thursday added credibility to the bullish continuation pattern.

Dogecoin’s price surged significantly in November, solidifying its position among the best-performing cryptocurrencies. The meme-inspired digital asset continues to climb in value, defying broader market trends and showing resistance to corrections. Analysts predict that, driven by bullish momentum, Dogecoin may achieve further growth and reach the ambitious target of $15.
Analyst explains why Dogecoin price could reach $15 this cycle
The cryptocurrency expert tweeted that Dogecoin price could be in a bullish pattern, predicting a target price of $15 in 2025. The prediction is based on the wave pattern observed on the monthly chart.

XRP's price is consolidating below $1.4, but the technical structure continues to show bullish momentum. Interestingly, according to Coinmarketcap data, XRP has dropped approximately 4.35% in the past 24 hours, reaching a low of $1.296 in that time.
According to XRP analysis on TradingView, technical setups still point to a continued price increase. Analysis indicates that XRP may soon rise further, with a recent price target set at $1.90.
XRP's price bullish momentum continues
The surge in XRP's price earlier this month was unprecedented. Specifically, XRP's price skyrocketed from a low of $0.4976 on November 3 to a three-year high of $1.6 on November 23. This means the price increased by 220% within just over 20 days.

The cryptocurrency stabilized slightly on Wednesday after two consecutive days of decline. Due to traders' expectations that Elon Musk's Dogecoin will succeed, the price of Dogecoin slightly increased. An analyst predicts that in the ongoing cryptocurrency bull market, this dog-themed token will surge to $4.20.
Analysts predict that the price of Dogecoin could reach $4.20.
In recent weeks, the price of Dogecoin has been on a strong upward trend, rising nearly 500% from August 5 to November 23. This increase aligns with the overall upward trend in the cryptocurrency industry following Donald Trump's election win and his appointment of Elon Musk to lead the Department of Government Efficiency (DOGE).

On Tuesday, as Bitcoin (BTC) prices faced a pullback, Pantera Capital founder and CEO Dan Morehead expressed optimism about the future of cryptocurrencies. In a recent interview, he stated that the current market challenges may be temporary and the rebound may not be over yet.
Positive outlook for Bitcoin under regulatory changes
Reflecting on Pantera Capital's journey since launching its Bitcoin fund 11 years ago, Morehead acknowledged that they faced skepticism in 2013. 'In 2013, people completely thought we were crazy,' he said, highlighting the ongoing negative sentiment surrounding Bitcoin.

As Bitcoin continues to break through the $90,000 mark, altcoins are starting to set new highs. The industry has recently reclaimed key levels not seen in two years, potentially laying the groundwork for a retest of the 2021 peaks. Some analysts believe that the recent performance of altcoins may herald the long-awaited altcoin season.
The market cap of altcoins has returned to 2022 levels.
Over the past 21 days, the entire cryptocurrency market has performed well, with the market cap surging to $3.36 trillion. Driven by the U.S. elections on November 5, Bitcoin's price rose by 40%, reaching an all-time high (ATH) of $99,645.

Ripple's native token XRP appears to be consolidating after a significant surge in the past few weeks. As of today (November 27, 2024), XRP, like the entire cryptocurrency market, has been experiencing a price decline.
Some people call this a price adjustment, while others believe that the price drop is due to the escalating geopolitical tensions between Ukraine and Russia.
Despite the significant price drop of most cryptocurrencies, XRP seems to remain stable, staying above the key support level of $1.35. This stability is supported by recent political developments, speculation surrounding Gary Gensler's (SEC) imminent resignation, and ETF-related speculation.

Since early November, the valuation of Stellar [XLM] has risen significantly relative to Bitcoin. The performance of XLM outperforms Bitcoin, marking a positive shift in market sentiment.
This upward trend reflects a revival of investor interest as Stellar moves away from previous lows and challenges new resistance levels.
Recent trading activity has pushed XLM's valuation to its highest level in months, sparking discussions about its ability to maintain these gains. The chart details a series of breaks of lower highs and lower lows - a bullish indicator from a technical market perspective.