PEPE, WIF, and ADA Break Out Despite Bitcoin’s Dip Below $65K
Release: 2024/10/01 00:00 Reading: 668
PEPE, WIF, and ADA Break Out Despite Bitcoin's Dip Below $65K
Pepe (PEPE) and dogwifhat (WIF) have emerged from their consolidation zones, indicating potential market volatility. This surge occurs while Bitcoin (BTC) falls below $65,000, impacting the wider crypto market.
Pepe (PEPE) and Dogwifthat (WIF): Uptrend
PEPE and WIF have witnessed significant gains of over 30% in the past week. Their breakout signals potential volatility.
Cardano (ADA): Breakout or Fading Away?
ADA/USDT has attempted to break out of its consolidation range between $0.3 and $0.4. However, it failed to break through the $0.45 level last week.
As of writing, ADA is trading at $0.3824, down 3.42% in 24 hours. However, it remains up 8.32% in the past week, indicating resilience amidst market uncertainties.
Technical Analysis
- PEPE's Relative Strength Index (RSI) is at 56.91, suggesting bullish dominance. However, the price may still decline based on the downward gradient of the RSI.
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