Ethereum Hits Record High, PEPE Seeks New All-Time High as Dogecoin Eyes 500% Rally

The crypto market is buzzing with activity, especially in the meme coin sector. Ethereum recently broke past $4,500, and investors are watching closely as PEPE shows signs of a breakout while Dogecoin attempts to recover from recent losses. PEPE’s technical indicators signal a bullish trend, driven by rising volume, whale accumulation, and an RSI approaching overbought levels. Analysts anticipate price targets above $0.000010 if PEPE overcomes resistance at the current $0.00000130 mark. Meanwhile, Dogecoin (DOGE) is battling to regain bullish momentum after failing to break past resistance around $0.18. Despite this pullback, technical indicators suggest potential for a reversal and some analysts draw parallels with its 500% rally in October 2024.