PEPE Coin, part of the meme coin market, is showing bullish tendencies as it holds above major support levels and prepares for a breakout retest.
An analyst highlights that PEPE's price holding at a key level indicates bullish control, with potential targets at $0.000025, $0.000035, and $0.000055, representing a 500% rally possibility.
PEPE has been compared to Dogecoin and is expected to outperform it due to its lower market cap and potential for significant gains during a bullish market resurgence.
Dogecoin, on the other hand, is observed to have a round bottom support line on its price chart, indicating a crucial point where a bounce could trigger a major rally or a dip below $0.18 could signal a crash.