Price Analysis
  • Shrishesh Tanksalkar
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    Memecoins on the Move: WIF and PEPE A Must Buy Today?

    Story Highlights
    • The memecoin market cap rose 3.04% in 24 hours, with trade volume surging 29.66% to $6.51 billion.

    • WIF price surged 12%, breaking key resistance and targeting the $1 level.

    • PEPE rallied 8%, holding above key support, with upside targets at $0.00001475 and $0.00001775.

    Memecoins are making a buzz in the crypto market today, with bullish momentum sweeping across multiple coins in the sector. In the past 24 hours, the overall memecoin category has witnessed a 3.04% surge in market capitalization, while trading volume spiked 29.66%, reaching $6.51 billion. Among the top performers are Dogwifhat (WIF) and PEPE, both showing strong price action and attracting significant market interest. This price analysis covers the latest price movements, key technical levels, and short-term targets for both tokens.

    Dogwifhat (WIF)

    WIF price has decisively broken above its previous resistance at $0.927, confirming a bullish breakout on the daily chart. With todayโ€™s price surge to $0.9722 and a high of $1, the token is poised to reclaim the psychological $1 level. If bullish sentiment persists, the next upside target lies at $1.12. Contrarily, we can expect WIF to find support at $0.86 in the case of a pullback.

    WIF Price Analysis

    Also read our Dogwifhat (WIF) Price Prediction 2025, 2026-2030 NOW!

    PEPE

    PEPE price has bounced strongly from its 24-hour low of $0.00001144, currently trading at $0.00001263. The price is above its 9-day moving average and holding above the immediate support at $0.00001190. A sustained move above $0.00001280 could trigger a run toward $0.00001475, with a further breakout opening the path to $0.00001775. However, a breakdown below $0.00001190 may push PEPE down to the next support at $0.00001129.

    Pepe Price Analysis

    Also check out our PEPE Price Prediction 2025, 2026-2030!

    FAQs

    Q1: Why are memecoins like WIF and PEPE gaining today?

    A: A broad market uptick in the memecoin sector, fueled by speculative momentum and increased trading volumes, is driving todayโ€™s rally in WIF and PEPE.

    Q2: Is WIF likely to break above $1 again?

    A: Yes, WIF has broken key resistance at $0.927 and is testing $1. A close above this level could lead to a move toward $1.12 in the short term.

    Q3: What are the key levels to watch for PEPE?

    A: Resistance levels are $0.00001475 and $0.00001775. Support lies at $0.00001190, with further downside possible to $0.00001129 if it breaks.

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