$PEPE
PEPE and FLOKI lead the rally, others follow; has the Memecoin mania begun?
The price of pepe is moving as planned after breaking out of the bullish flag pattern and is fluctuating in an upward pattern.
The price has broken out of the 1.2 FIB level of $0.00001312 and is about to test the higher target of 1.4 FIB of $0.00001455. Now that the market sentiment has turned bullish, it is expected that
the uptrend will continue and move towards the next target of 1.6 FIB, which is $0.000016. Once these levels are reached, the rally may rise to a new high of $0.00002.
On the other hand, the price of $FLOKI has broken out of the decisive stage and is approaching the critical resistance zone. At the same time, the technical picture shows a different plan of action, which may make a difference in the upward trend of the rebound.
The price of $FLOKI has been trading inside a descending triangle and after maintaining an upward consolidation, it broke out of the resistance level. Furthermore, the price also experienced a retracement and a minor correction, testing the resistance-turned-support level and starting an upswing towards the upper resistance zone between $0.000254 and $0.000266.
The prices of DOGE (DOGE) and Bonk (BONK) are also rising, suggesting that the memecoin season may soon gain momentum.
