After Donald Trump's political victory, meme coins like Dogecoin and Pepe have seen their prices surge, igniting excitement across the cryptocurrency market.
Dogecoin (DOGE)
In the past week, Dogecoin (DOGE) has seen a significant price increase of 90.55%. In the past month, the growth has been even more remarkable at 214.40%. Looking at a six-month period, DOGE has risen by 140.61%. Currently trading between $0.18 and $0.33, this cryptocurrency is showing significant volatility and upward momentum.
The nearest resistance level for DOGE is $0.39, with a second resistance level at $0.54. Breaking through these levels could lead to the next price increase. On the negative side, the nearest support level is $0.0904, which could serve as a safety net if the price decreases. The simple moving averages for both the 10-day and 100-day are at $0.37, indicating a consistent trend during these periods.
If PEPE continues to rise, it could reach the nearest resistance level of $0.00001629. Breaking this level could lead to a second resistance level of $0.00002156, potentially increasing by about 40% from the current price. If the price decreases, it could test the nearest support level of $0.000005738, a decrease of about 60% from the current level. Monitoring these levels is very important.
Pepe (PEPE)
PEPE has experienced a significant price increase recently. In the past week, its price has skyrocketed by 94.75%. In the past month, it has increased by 106.29%. In six months, it has risen by 125.17%. The current price fluctuates between $0.000009034 and $0.00001431.
Data shows further growth potential. The relative strength index is at 54.00, indicating neutral momentum. The Stochastic index is at 59.37, suggesting upward potential. Although the MACD level is slightly negative at -0.00000004675, the 10-day simple moving average is $0.00002056, higher than the current price. This indicates potential for price increase.
If PEPE continues to rise, it could reach the nearest resistance level of $0.00001629. Breaking this level could lead to a second resistance level of $0.00002156, potentially increasing by about 40% from the current price. If the price decreases, it could test the nearest support level of $0.000005738, a decrease of about 60% from the current level. Monitoring these levels is very important.