The leading analysts of the cryptocurrency market have commented on the prices of popular meme coins, with the increasing interest in meme coin projects since the past few weeks! Analysts, who announced the critical levels for DOGE, SHIB and PEPE, expect a rise for the next week! Here are the details…
Experts explained: “These levels are critical for DOGE, SHIB and PEPE!”
As Cryptokoin.com reported, the incredible rise of PEPE coin in the last 2 weeks has pushed many crypto money investors to meme coin projects. With the meme coin craze increasing day by day, experts have announced that they are expecting a remarkable comeback next week.
Analysts, reiterating their expectations for DOGE, SHIB and PEPE, especially in the midst of the fluctuations in Bitcoin price, indicate that these coins are showing resistance to market difficulties, revealing that a rise may occur next week. So, what are the critical levels for these meme coins?
Dogecoin (DOGE) Price Analysis
Major Dogecoin (DOGE) investors have been steadily accumulating DOGE since April 5, according to data from Santiment. Especially DOGE whales, which have 10 thousand to 100 thousand and 100 thousand to 1 million DOGE, have purchased close to 200 million DOGEs.
According to experts, on the daily price chart, DOGE found support at $0.075 after losing heavily due to the rise of PEPE. Momentarily, DOGE price is located near $0.077342 and the RSI line is starting to climb near the middle levels. Therefore, experts are in a bullish expectation next week. According to experts, if DOGE rises above $0.08 and surpasses the resistance at EMA-200, DOGE could rally as high as $0.09.
Shiba Inu (SHIB) Price Analysis
As you know, the Shiba Inu (SHIB) price has been trading sideways for several weeks. After that, the price of SHIB finally made a clear move below the critical support level and then lost the support near $0.00000976 due to the shorting of the bears.
Instantly, the price of the popular meme coin Shiba Inu (SHIB) is at $0.00000952 and has gained 0.3 percent compared to the previous day. According to experts, if the bulls do not act, the SHIB price will decline and reach lows at $0.0000086.
PEPE Coin (PEPE) Price Analysis
Pepe’s recent rise came when the giant cryptocurrency exchange Binance listed PEPE and FLOKI in the “Innovation Zone”. This move by Binance can be attributed to the growing interest among investors, according to experts. As you know, PEPE and FLOKI have been the most popular altcoin projects since the past few days.
Momentarily, PEPE price is trading at 0.0000026, down more than 5 percent in the last 24 hours. However, PEPE faced a decline after meeting resistance near $0.0000045 and settled below the 38.6 percent Fib channel. Looking at the hourly chart, experts state that PEPE has experienced a sharp decline and is momentarily traded below the EMA-50. According to experts, this is explained as a sign that bears are taking control for PEPE.
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