September 28, 2024, 06:03 AM GMT

The cryptocurrency market is abuzz with excitement following the Fed's interest rate cut and bullish Q4 sentiment. Bitcoin's surge past $65K has set the stage for a broader market rally, benefiting popular memecoins Pepe ($PEPE ) and Dogwifhat ($WIF ).

Recent Performance

- PEPE: 38% weekly gain, current price $0.000011

- WIF: 34% weekly gain, current price $2.27

Pepe (PEPE) Analysis

- Breakout on September 19 at $0.0000075

- Facing key resistance zone: $0.00001197 - $0.00001280

- Potential 50% upside to $0.00001654 if resistance is broken

Dogwifhat (WIF) Analysis

- Breakout at $1.80, surged to $2.27

- Consolidating below resistance at $2.29

- Potential 19% upside to $2.69 if resistance is broken

Outlook

Both PEPE and WIF are poised for further gains, but WIF appears to have the edge. While PEPE faces a key resistance level, WIF is positioned for a breakout. However, memecoin rallies can be unpredictable.

Stay Informed

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