Traders Remain Bullish on Pepe (PEPE), While Dogecoin (DOGE) Price is Gaining Momentum—Here’s What’s Next!

Crypto Market Stabilizes, Sentiment Bullish for Pepe and Dogecoin

The cryptocurrency markets stabilized over the weekend, with buyers regaining momentum. Smart traders anticipated the surge in selling, triggering panic sales.

Traders are optimistic about Pepe (PEPE), predicting a substantial bullish rally, while Dogecoin (DOGE) prepares for a significant rebound. With bullish sentiment reaching nearly 90%, a 20% price increase is expected in the near future.

Dogecoin (DOGE) Price Analysis

DOGE has demonstrated resilience, with bulls holding the $0.3 support level. This reinforces the bullish sentiment, indicating a potential surge above $0.4, paving the way for new yearly highs at $0.5. Short-term bearish pressure may arise, causing a 7-8% dip.

The DOGE price chart reveals that bulls are vigilant, preventing a drop below the ascending trend line. Volume has decreased, and DMI levels are converging, indicating trader uncertainty.

However, as long as the price trades above $0.3035 & $0.3093, the rally remains bullish, with high chances of a rebound. Breaking above $0.35 and $0.36 could trigger buying pressure and further lift the price above $0.4.

Pepe (PEPE) Price Analysis

PEPE is testing crucial support levels amid ongoing selling pressure. These levels have been a strong foundation since the token surged in November 2024. The current pullback may be the final step before a bullish rally.

Technical indicators suggest the end of consolidation, with a volume squeeze typically preceding a major bullish rebound.

After a breakout, PEPE has consolidated within parallel Bollinger bands. RSI is forming lower highs and lows, potentially reaching support at 35. These levels have acted as a base for over six months, indicating the end of bearish consolidation.

PEPE is expected to rally after reaching the lower Bollinger band near $0.000016. Bullish sentiment for PEPE remains high, at nearly 90%, despite the selling pressure. Thus, the price may sustain an uptrend and breach the crucial resistance range.