dogwifhat

Bitcoin

FLOKI

Dogecoin

<p>The post <a href="https://coinpedia.org/price-analysis/memecoins-regains-strength-as-bitcoin-recovers-wif-floki-doge-pepe-price-soar/" rel="noopener noreferrer nofollow">Memecoins Regains Strength as Bitcoin Recovers: WIF, FLOKI, DOGE &amp; PEPE Price Soar&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The crypto markets are recovering from the recent loss caused by the drastic drop in the Bitcoin price from around $64,500 to as low as $56,600. This led to a massive drop in the spot market capitalization, which found lows of around $2.13 trillion. However, the latest recovery of the BTC price back above $63,000 has induced the required strength within the markets, along with the memecoins, which have been among the top performers since the early trading hours.&nbsp;</p>
<h2 class="wp-block-heading" id="h-dogwifhat-wif-price-analysis">dogwifhat (WIF) Price Analysis</h2>
<p>dogwifhat has gained immense attention since the start, as the price remained under bullish influence. Despite an ongoing brawl with the Bears, the Bulls have maintained significant dominance. As a result, the <a href="https://coinpedia.org/price-prediction/dogwifhat-wif-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">WIF price</a> has been surging for the past few days, regardless of the interim pullback faced by the major cryptos. Therefore, the WIF price, which is testing crucial resistance at $3.3, is expected to maintain a healthy upswing until $3.8, which may further pave the way to reaching $4.3.&nbsp;</p>
<h3 class="wp-block-heading" id="h-floki-floki-price-analysis">FLOKI (FLOKI) Price Analysis</h3>
<p>After breaking out of the consolidation and surging by over 800%, the FLOKI price was trading within a descending parallel channel. The recent rebound from the lows received immense support from the bulls as a fine breakthrough beyond the resistance occurring. A bullish start for the next day’s trade above the levels could certify a rise beyond the bearish well. This could pave the way for the FLOKI price to rise above $0.0002 in the next few days.</p>
<h3 class="wp-block-heading" id="h-dogecoin-doge-price-analysis">Dogecoin (DOGE) Price Analysis</h3>
<p>The <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin price</a> has been defending the local support at $0.12 in times of extreme bearish trend. The price has been trading within an expanding rising channel and before reaching the lower support, the token has triggered a bullish rebound. This move has made sure that the price could rise towards the upper resistance zone between $0.169 and $0.1845. Once done, the price may maintain a healthy upswing to reach $0.2.&nbsp;</p>
<h3 class="wp-block-heading" id="h-pepe-pepe-price-analysis">Pepe (PEPE) Price Analysis</h3>
<p>Pepe’s price began the 2024 minor bull run by triggering an 850% jump in the first few days of March. The token further consolidated within a descending parallel channel, which was broken during the recent rebound. The <a href="https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">PEPE price</a> has pierced above the upper resistance of the channel, suggesting the revival of a fresh bullish spell. The price is believed to maintain a healthy upswing, which may enable the token to rise above $0.0001 in the coming days.</p>

Memecoins Regains Strength as Bitcoin Recovers: WIF, FLOKI, DOGE & PEPE Price Soar

Table of Contents

CoinPedia News

Other articles published on May 4, 2024

Uniswap Founder Teases 8 Ethical Factors In Token Launch

Major Comeback in Crypto Market: Why Did Bitcoin (BTC) Price Surge?

Discover the Most Promising ICOs of 2024: Key Insights into Leading Cryptocurrencies and Their Sy...

Friend.tech Fiasco: Token Tanks 98% After Airdrop Fails To Deliver

Ethereum and XRP Statements from Ripple CEO Brad Garlinghouse

Toncoin Price Analysis: TON Shows Bullish Momentum After Pantera Capital Investments

Join our free newsletter for daily crypto updates!