
Jakarta, Pintu News – The crypto market is buzzing again after Bitcoin broke the $70,000 mark over the weekend (Feb. 15). This optimism has led traders to take risks again, and meme coins are the ones that benefit the most.
In just one day (2/15), the meme coin sector shot up by more than 12%. Trading activity nearly doubled, and the overall market value jumped from $29 billion to the $35 billion mark. Dogecoin and Pepe were the main stars of this rally, with price increases of almost 20% and 15% respectively.
As DOGE prices move closer to higher resistance levels and PEPE prices test important resistance points on the chart, the main question now is whether this momentum can last until the end of the month, or if it will be held back by resistance before a truly strong and sustained breakout occurs.
Since the beginning of the year, Dogecoin’s volatility has increased significantly, triggering a breakout from its long-term downtrend. The price briefly tested the resistance level at $0.15, but failed to make a convincing close above that mark, triggering a short-term pullback.
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Despite the price rejection, market participation did not weaken. On-chain data showed strong activity, with the number of active addresses jumping sharply from around 600,000 to nearly 970,000-a clear indication of recovering network engagement.

Despite having recorded double-digit gains, DOGE’s next move is highly dependent on the immediate resistance zone in the range of $0.11 to $0.12. In the event of a sustained breakout above this range, the opportunity to retest the $0.15 level will open up. Conversely, failure to maintain momentum could leave the price trapped in a consolidation phase.
Technically on the daily chart, the price of DOGE has rebounded from its recent low, but is still trading below the key horizontal range that previously served as a strong base. The price movement is still stuck within the descending channel, which makes the broad market structure cautious.
However, the momentum started to improve; the RSI indicator stayed in the upper range and the DMI approached a bullish crossover, signaling increasing buying pressure. A break above $0.135 could confirm the bullish sentiment. If this level is successfully reclaimed as support, DOGE could potentially target $0.18, followed by a move towards the $0.20 zone.
On the daily chart (Feb 15), the price of PEPE is still trading under a long-termdescending structure, which is characterized by numerous failed breakout attempts over the past year. Although the token has recently experienced a sharp rebound, its upside potential remains restrained under a strong resistance zone as well as a descending trendline that has consistently rejected bullish moves.
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The latest recovery briefly turned the Supertrend indicator bullish-asignal of short-term strength-but price action suggests that the move lacksfollow-through momentum.

Significantly, PEPE seems to be stuck in the distribution phase. This is evident from the Accumulation/Distribution line which is trending downwards and forming a bearish divergence. This indicator confirms that selling pressure still dominates the market despite occasional rebounds.
As long as the price fails to reclaim the local and crucial resistance levels around $0.00000514 and $0.00000545,bearish risks remain active. A decisive breakout above these zones is required to change market sentiment and pave the way towards higher price targets around the $0.000008 region.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.
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