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Dogecoin and Pepe both break through key support levels! Is it the time to buy the dip or will it continue to decline?
After a decline of over 10% this week, Dogecoin and Pepe retested key support levels on Thursday.
Over-the-counter investors looking to accumulate DOGE and PEPE can operate around their support levels.
Traders should remain cautious as the momentum indicators for both memecoins show signs of weakness.
After a decline of over 10% this week, the prices of Dogecoin (DOGE) and Pepe (PEPE) retested their key support levels on Thursday. Over-the-counter investors looking to accumulate dog-themed and frog-themed memecoins may consider buying at their support levels in anticipation of a potential rebound in the future.
Over-the-counter investors looking to accumulate DOGE and PEPE can operate around their support levels.
Traders should remain cautious as the momentum indicators for both memecoins show signs of weakness.
After a decline of over 10% this week, the prices of Dogecoin (DOGE) and Pepe (PEPE) retested their key support levels on Thursday. Over-the-counter investors looking to accumulate dog-themed and frog-themed memecoins may consider buying at their support levels in anticipation of a potential rebound in the future.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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