Shiba

Rally

Dogecoin

Shiba Inu

dogwifhat

<p>The post <a href="https://coinpedia.org/price-analysis/is-a-10x-rally-on-the-horizon-for-shib-pepe-doge-and-wif-prices/" rel="noopener noreferrer nofollow">Is A 10x Rally On The Horizon For SHIB, PEPE, DOGE, And WIF Prices?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Bitcoin (BTC) has recently been leading the crypto market surge. Yet, there are indicators that a so-called “altcoin season” might be on the horizon. Bitcoin has approached its record high from 2021, reaching $64,000 this week, triggered by robust investments into spot Bitcoin ETFs and registering a 50% increase in February. Additionally, the remarkable rally in meme coins last week could be seen as an early harbinger of the altcoin season’s arrival. There’s a growing hope that the prices of SHIB, PEPE, DOGE, and WIF could potentially skyrocket, achieving a 10x increase in the upcoming weeks.</p>
<h2 class="wp-block-heading" id="h-growing-demand-for-meme-coins">Growing Demand For Meme Coins</h2>
<p>Last week, <a href="https://coinpedia.org/news/meme-coins-boom-shib-pepe-doge-wif-steal-show-amid-bitcoins-struggle/" rel="noopener noreferrer nofollow">well-known dog-inspired cryptocurrencies</a> Dogecoin (DOGE) and Shiba Inu (SHIB) experienced significant increases in value, ranging between 40% and 50%. Meanwhile, recent additions to the pet-themed crypto market, including Pepe Coin (PEPE) and Dogwifhat (WIF), saw their prices more than double in the same timeframe.</p>
<h3 class="wp-block-heading" id="h-shiba-inu-shib-price-analysis">Shiba Inu (SHIB) Price Analysis</h3>
<p>SHIB price is attempting to continue its upward momentum, although the RSI indicating an overbought condition implies that sellers are strongly defending the resistance lines.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/lcu_dLa5YmCbsmHs_yY_FD0XD7U7givWnC4b2CTv8r967ZmaaaRF2iiYHtbt6jnXpHQtnmWm0qMxv-DHEF6jfzmQ1WLLAAczpwRLTeEqeRCSJV-h9YxPgBCmbjnc-qfLBTg3Xr-nmsGDRTKCVahkP2I" alt="">
</figure>
<p>Should the price retreat from its present position yet find support at the 20-day EMA, it would indicate ongoing bullish sentiment, potentially triggering a retest of $0.000025. If the SHIB price holds above this level, we might see a skyrocketing trend toward $0.000033.</p>
<h3 class="wp-block-heading" id="h-pepe-price-analysis">Pepe Price Analysis</h3>
<p>Pepe coin price has been pumping hard in recent weeks as it recorded gains of over 500%. Pepe’s price jump over the $0.000005 resistance marked the commencement of the next phase in its upward trajectory.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/1tVOCwcygdoidMB22s-msZnsMTJy7q0AbgO7S3yAoyLxqBF-UzLjkDgYuiGB0YewxvphkGJayDKx8eAR1Z1lHtW9oJNgS9F17BkJ3skkaoMAdJaRiYqhehNnbU8CLRii3z0I0NlBoufz95pSj5FOte0" alt="">
</figure>
<p>The trend of moving averages surging signifies that the market is predominantly controlled by the bulls, though the RSI reaching into the overbought territory hints at a potential minor pullback. If the price remains above its recently achieved ATH, we might see a 10x rally in PEPE’s price in March.</p>
<h3 class="wp-block-heading" id="h-dogecoin-doge-price-analysis">Dogecoin (DOGE) Price Analysis</h3>
<p>The bulls managed to protect the breakout level of $0.12, but were unable to push Dogecoin past the $0.14 resistance level, signaling weak buyer interest at higher prices. Consequently, the bears might attempt to take control by driving the price below the moving averages.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/aX0rgiux8qYnaZUJe4DgTsUtugDMNgzdSmAqjvrsjErJtXqbuHoEgV1DHm5Iv14UybEQ_AASqCHmyFeWVaxBwsBPSKs4Thvhja0mfeEJtvIo67kOOVbXjG4CXvF_BO_7YSTNvZAmvZLR-aYxlImXQzU" alt="">
</figure>
<p>For a bullish trend to be confirmed, the bulls need to push and sustain the price above $0.15-$0.17. Achieving this could lead the meme coin to record a 10x surge in the coming weeks.</p>
<h3 class="wp-block-heading" id="h-dogwifhat-wif-price-analysis">dogwifhat (WIF) Price Analysis</h3>
<p>dogwifhat continues to experience massive jumps in its price as it recorded nearly 600% gain in 30 days. Buyers are now aiming to break above the $1.8 level to continue the uptrend further.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/M3L2tZa2sWjC5xbC7NzIcGy9aFxvJ0vOxkK0ap4KKEny9zaNmjyRiZPPtMr6i5axqdvt_bFfa03_sUZjrq_n6zy4FqfIaYnudZDYDi1u-n42hcdDOXCEDq8Fl-ZbCKfg5x50Gwp2rIUgm1vKsSOEWOs" alt="">
</figure>
<p>Interestingly, as the RSI level has now stabilized around the overbought region, buyers might gain further confidence to send the price above immediate Fib channels. In such a case, the buying momentum will be further strengthened and a 10x rally might be on the edge for WIF price in the coming weeks.</p>
<p>However, sellers might attempt to plunge the price below the EMA20 trend line to cool down the overheated sentiment.</p>

Is A 10x Rally On The Horizon For SHIB, PEPE, DOGE, And WIF Prices?

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