Bitcoin

Bonk

PEPE

Shiba Inu

dogwifhat

<p>The post <a href="https://coinpedia.org/price-analysis/whats-next-for-top-memecoins-as-bitcoin-price-hit-68k/" rel="noopener noreferrer nofollow">What’s Next For Top Memecoins As Bitcoin Price Hit $68K?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>With the price of Bitcoin heading toward a new all-time high (ATH), the memecoins have regained momentum and have added significant valuation to their respective portfolios. Planning on investing in memecoins but confused about its future prospects?</p>
<p>Dive in as, in this article, CoinPedia in its crypto market analysis has brought you the latest market sentiments, price analysis, and potential short-term targets of the top 5 memecoins by market capitalization.</p>
<h2 class="wp-block-heading" id="h-dogecoin-doge-price-action">Dogecoin (DOGE) Price Action:</h2>
<p>Amid increased bullish sentiment in the crypto market, the <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noopener noreferrer nofollow">DOGE price</a> has added 4.80% to its portfolio within the past day with a trading volume of $1.47 Billion. Further, it has surged 17.67% over the last seven days and has a YTD return of 53.76%.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXef-DXoFtve8zCrK8uNURP8QLHCB1YZgGZ9Hmf0OPPMjULuPs_bVxHFCmLXWyjEmOrH2iV27LG-k8eGx1YHi1nE24ofnVvOtdce6WBN63H92mu8VX7jnliZ355QGvFDUJKb3NXYXaftvaxHDzndoIzyk-cE?key=Ev8fW9Fclz1WCNuynVHx4g" alt="Dogecoin Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: DOGE/USDT
 </figcaption>
</figure>
<p>The technical indicator, MACD, displays a constant rise in the green histogram, highlighting an increase in the buying-over-selling pressure in the crypto space. Further, the averages record a constant uptrend, suggesting that the DOGE coin price will continue gaining value this week.</p>
<p>If the market continues to gain momentum, the <a href="https://markets.coinpedia.org/dogecoin/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin price</a> will prepare to test its upper resistance level of $0.18225 in the coming time. Conversely, if a trend reversal occurs, the memecoin leader will plunge toward its low of $0.1010.</p>
<h2 class="wp-block-heading" id="h-shiba-inu-shib-price-analysis">Shiba Inu (SHIB) Price Analysis:</h2>
<p>The <a href="https://coinpedia.org/price-prediction/shiba-inu-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">SHIB coin price</a> has recorded price fluctuations of less than 2% over the past month, indicating a weak price action for the second largest memecoin in the market. However, it has surged over 75% this year, highlighting a positive sentiment in the long-term perspective.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfxp-WAgFgu4JWXvF3y3b_-b5d-D1OP6osEak2dFvTlT2BInzaU8wRYLrh1ECegMz_Fvd6CTpi7n477w7DsIm04oL1TWwTkyPD1jGK1X17UZV82Twr0ib9N0wU3nL0OFkwMut3PTARkzNMps4v8YUX2-Eg?key=Ev8fW9Fclz1WCNuynVHx4g" alt="Shiba Inu Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: SHIB/USDT
 </figcaption>
</figure>
<p>The Relative Strength Index (RSI) continues hovering close to its mid-point with its average displaying a neutral trend. Further, the EMA 50/200-day records a flatline, suggesting uncertainty in future price action.</p>
<p>If the market holds the <a href="https://markets.coinpedia.org/shiba-inu/" target="_blank" rel="noopener noreferrer nofollow">SHIB price</a> above its important support level of $0.0000170, the bulls will head toward its upper resistance of $0.00003080. However, bearish price action could pull the Shiba Inu price toward its low of $0.00001175.</p>
<h2 class="wp-block-heading" id="h-pepe-pepe-price-action">Pepe (PEPE) Price Action:</h2>
<p>The <a href="https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">PEPE price</a> has added over 28% to its valuation over the past week and 7.64% during the last 30 days. Moreover, with a surge of 756% this year, the Pepe coin price has secured the 22nd position with a market capitalization of $5.102 Billion.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeV3NT7_n7e_IuXG6nyB8bv9vpYZDnS2vJWYT_HCamKjUaMwcDSIJMDYZ_ORYz5e5Z54BuhupeZVdQOtJoAi7eRd321jRQNQ4nm1uL16PqhIyaFxv6ivSVtgrKLGSclHyaiSRjeJjiMI4mJDBRxYLPGsno?key=Ev8fW9Fclz1WCNuynVHx4g" alt="Pepe Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: PEPE/USDT
 </figcaption>
</figure>
<p>The MACD indicator displays weak buying and selling pressure in the Pepe price chart. Moreover, the Simple Moving Average (SMA) hints at a potential bearish convergence, suggesting uncertainty in future action.</p>
<p>If the bulls regain momentum, the <a href="https://markets.coinpedia.org/pepe/" target="_blank" rel="noopener noreferrer nofollow">PEPE price</a> will breach its resistance level and head toward its high of $0.00001718. Negatively, if the bears overpowered the bulls, the PEPE coin price will retest its low of $0.00000880.</p>
<h2 class="wp-block-heading" id="h-dogwifhat-wif-price-analysis">Dogwifhat (WIF) Price Analysis:</h2>
<p>The <a href="https://coinpedia.org/price-prediction/dogwifhat-wif-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">WIF price</a> has displayed a positive price action since its inception by adding 57.13% within the past seven days and 1,732.29% this year. Further, dogwifhat has claimed the title of the most successful memecoin on the Solana chain with a market cap of $2.797 Billion.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfFpvBccptrRoc6Fo1xE12QFobXBRBLDQL37gSdk_WS9Nyh0YYLqf7D15W2D4XI-P4eBvV1SOUtAwahCtw79gF396ndP7iBoHFmuaiaYAlEgadFEEmsEcA_MVmhRLbPV2TLU_kBctqW8oBhzY2NDud89xzL?key=Ev8fW9Fclz1WCNuynVHx4g" alt="Dogwifhat Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: WIF/USDT
 </figcaption>
</figure>
<p>The RSI has failed to surpass its overbought range, resulting in it recording a bearish curve. However, the SMA constantly supports the price chart in the 1D time frame. This indicates a mixed sentiment for the <a href="https://markets.coinpedia.org/dogwifhat/" target="_blank" rel="noopener noreferrer nofollow">dogwifhat price</a> in the crypto space.</p>
<p>If the bulls continue to dominate the market, the dogwifhat price will prepare to test its upper resistance level of $3.990. However, if the bears overpowered the bulls, this Solana-based memecoin will lose power and drop toward its low of $2.10.</p>
<h2 class="wp-block-heading" id="h-bonk-bonk-price-action">Bonk (BONK) Price Action:</h2>
<p>With a jump of 50.71% within the past 30 days and 131.96% this year, the <a href="https://coinpedia.org/price-prediction/bonk-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bonk price</a> has claimed the 5th position in the memecoin category with a market capitalization of $2.132 Billion. Moreover, it has a trading volume of over $389 Million, it has added 1.98% within the past 24 hours.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdZ0zCtufgOKKNtGE46KNOWB-R4YcAd9QGcFu9wWxbeyZvh0BCkof_iwqpN9V_1x8j0hw0_Z54OKnElFSqMX7_wRLR0xDZhsTzKTtWv_59IyijLgKKH2-NrFuXsGr2B7J_D9j_MXNeMxFn5TgjSRr1gnAE?key=Ev8fW9Fclz1WCNuynVHx4g" alt="BONK Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: BONK/USDT
 </figcaption>
</figure>
<p>The Moving Average Convergence Divergence (MACD) has recorded a green histogram since the month started, indicating a strong bullish sentiment for the memecoin in the crypto market. Moreover, the averages display a significant rise, suggesting a positive outlook for the Bonk price this week.</p>
<p>If the market pushes the <a href="https://markets.coinpedia.org/bonk1/" target="_blank" rel="noopener noreferrer nofollow">Bonk coin price</a> above its resistance level of $0.00003390, the bulls will prepare to test its upper high of $0.000004150. Conversely, if the bears gain power over the bulls, the Bonk crypto will plunge toward its support level of $0.0000270.</p>

What’s Next For Top Memecoins As Bitcoin Price Hit $68K?

Table of Contents

CoinPedia News

Další články publikované 22. 7. 2024

Ripple Receives Award from DBS Bank; CEO Expects Lawsuit Resolution Soon

'Rich Dad Poor Dad' Author Sends $2 Billion Message to Community

Hong Kong Launches Asia's First Bitcoin Futures Inverse Product

Ripple backs Deaton with $1M donation in senate race against Warren: Law Decoded

Ripple vs. SEC Settlement Talks in Secret Meeting on Thursday – Can XRP Price Hit $1?

BlockDAG Steals the Show: CGI Video Goes Viral Uplifting Presale to $60M, Leaving Behind Dogecoin...

Join our free newsletter for daily crypto updates!