WILL DOGECOIN LOSE TO PEPE IN THE NEXT RALLY?
The battle between Dogecoin (DOGE) and PEPE is heating up. While it's difficult to predict with certainty, let's dive into some insights.
Currently, DOGE is rebounding toward $0.38, with a long-term breakout target of $0.70 on the weekly chart.
This suggests that DOGE might have a strong potential for growth in the next rally.
On the other hand, PEPE is declining toward $0.00001418-$0.00001097 as bearish momentum intensifies. However, if PEPE follows Dogecoin's lead, it could maintain its positive momentum and increase toward new highs.
In terms of technical analysis, DOGE's Relative Strength Index (RSI) has bounced off oversold levels, hinting at weakening bearish momentum.
Meanwhile, PEPE's RSI remains oversold, indicating that the bearish momentum may be overextended.
Ultimately, the outcome of the next rally depends on various market factors and investor sentiment.
Both DOGE and PEPE have their strengths and weaknesses, and it's essential to keep a close eye on their performance.
Key Takeaways:
DOGE's Rebound: Dogecoin is rebounding toward $0.38, with a long-term breakout target of $0.70.
PEPE's Decline: PEPE is declining toward $0.00001418-$0.00001097 as bearish momentum intensifies.
Technical Analysis: Both DOGE and PEPE have mixed technical indicators, making it challenging to predict the outcome of the next rally.follow @Crypto beans to learn more information on trading the crypto market .$PEPE $DOGE