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The post <a href="https://coinpedia.org/price-analysis/memecoins-regain-strength-doge-price-building-pressure-while-dogwifhat-surges-above-15/">Memecoins Regain Strength, DOGE Price Building Pressure, While dogwifhat Surges Above 15%</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
The crypto space has become extremely volatile, with the cryptos experiencing major price variations in a very short time frame. The Bitcoin price, which was believed to slump below $60,000, just a few hours ago, has now rebounded and reached levels close to $65,000. However, this volatility sometimes does not remain in the favour of the markets, as clouds of uncertainty may prevail with the fear of a possible pullback.&nbsp; 
On the other hand, some altcoins continued to display strength much before the BTC price breakout. Toncoin is leading the top performer, while <a href="https://coinpedia.org/price-prediction/dogwifhat-wif-price-prediction/" target="_blank" rel="noreferrer noopener">dogwifhat (WIF) price</a> is following suit. The bears tried very hard to break down below $2.3, while the bulls printed massive bullish candles. The price is believed to break the descending pattern and a daily close above $3 may begin a fresh rise.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/K-_Uod7KYnsZoMDdIHJ8hk6YEgY7h1n3c3MeJ037R-jG6EdhULKy7gs1EpToP0F4MVciDqsJ3wDK-wlglBYp4FAcq04mhVsHgN-k4NrcUPLucgxpjIResJjpz1lH6r_BIToOY-6SmkP8_Q3kobRkSao" alt="">
</figure> 
The dogwifhat price has been maintaining a strong ascending trend in the past couple of days as the price is about to accomplish a double bottom pattern. Besides, the DMI is about to turn bullish, with +Di &amp; -Di about to undergo a bullish crossover in the short term. Therefore, this bullish confluence is expected to elevate the levels to the first resistance at $3 and if the bulls display strength, a rise to $3.3 could be possible.&nbsp; 
While the newly launched token is making huge headlines, the <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noreferrer noopener">Dogecoin price</a> appears to be accumulating strength to trigger a healthy upswing.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/AlAsl-OWANd6zdMYJfZRJI1tlj1rtdNANMvlMaLTNH1Nxa6GciFhYY_hC0OsjLiZriT8DxWQLUqTDXBg3XHPws5mNkq2WXXAuf6iIWIB3aGcK_UqtY8B2sfTzUGA4l1dewcRRMzb0LgSkXYphZ_BDG4" alt="">
</figure> 
The daily chart of Dogecoin appears to be extremely bullish, as the price has been forming constant higher highs and lows. Meanwhile, the volume has dropped to a large extent and extreme compression leads to a major breakout. Therefore, the DOGE price is believed to consolidate for a while within a narrow range and trigger a strong rebound to reclaim crucial resistance at $0.17, which may eventually reach $0.2.&nbsp;

Memecoins Regain Strength, DOGE Price Building Pressure, While dogwifhat Surges Above 15%

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