The recent surge of Pepe (PEPE) in the cryptocurrency market is prompting comparisons to Dogecoin (DOGE), with Crypto Rover, Founder of cryptoseacom, suggesting that PEPE could follow in Dogecoin's footsteps. Analyzing the historical patterns and price fluctuations of these two digital currencies reveals striking parallels in their rapid growth and subsequent corrections.

Examining Dogecoin's price trajectory from 2016 to 2024 illustrates its evolution. In early 2018, DOGE reached an all-time high (ATH) of approximately $0.018, a significant resistance level until early 2021. The year 2021 witnessed DOGE experiencing exponential growth, surging to an ATH of about $0.72057.

This surge marked a staggering 3,899.50% increase from its previous resistance, equivalent to an impressive 38-fold rise. Following its peak, DOGE entered a correction phase, finding substantial support around $0.12001. As of May 2024, DOGE is trading at $0.16528, indicating a 23.95% rise from recent lows, hinting at a potential recovery or continuation of the uptrend.

The notable support and resistance levels for DOGE are worth mentioning. The support level is at $0.12001, representing the recent low during the correction phase. The resistance level includes the ATH at $0.72057, with intermediate resistance around the current price level of $0.16528. Breaking through these levels is crucial for DOGE to confirm an upward trend continuation.

In April 2023, PEPE reached its ATH of approximately $0.000018. Similar to DOGE, PEPE underwent a significant surge, reaching an ATH of $0.000168790514, marking a remarkable 3,834.83% increase, also about a 38-fold rise.

After reaching its peak, PEPE experienced a significant correction but found strong support, initiating a recovery phase. Currently, PEPE is trading at $0.000016784542, indicating a 4.81% increase. This level is close to the previous ATH, suggesting potential resistance.