Pepe Coin

Shiba Inu

Coin

<p>Meme coins have also started plunging following the trajectory of the broader crypto market. All the major meme coins like Dogecoin (DOGE), Pepe Coin (PEPE), and Shiba Inu (SHIB) are all in red. In the past 24 hours alone, they have dipped by 5%, 9% and 5% respectively. Other <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank">meme</a> coins like BONK, BOME, etc are also declining.&nbsp;</p> 
<h3 class="wp-block-heading" id="dogecoin-doge">Dogecoin (DOGE)&nbsp;</h3> 
<p><a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank">DOGE</a> has been breaking below price supports, with its price spiraling down. In mid-June, it broke below the $0.12 support and then consolidated for about 2 weeks before it continued the dip.&nbsp;</p> 
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   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
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<p>Following that, the price broke below the $0.118 support and then plummeted by more than 20% to reach $0.09 where the next major support is. A critical look at price action suggests that the current support is quite strong seeing that the price has traded sideways within that zone between December and February.&nbsp;</p> 
<p>The price might consolidate around this zone before a further decline. If the support continues to hold, we might see a reversal or a long accumulation before a possible bullish move.</p> 
<h3 class="wp-block-heading" id="pepe-coin-pepe">Pepe Coin (PEPE)</h3> 
<p><a href="https://coinmarketcap.com/currencies/pepe/" target="_blank">PEPE</a> is currently breaking out of the neckline of a head and shoulder pattern. Price action suggests that the right shoulder might be about to start forming, and this could make the Ethereum token continue to trade between $0.000009 and $0.0000049.&nbsp;</p> 
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 <img loading="lazy" decoding="async" width="1024" height="484" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-172-1024x484.png" alt="" class="wp-image-521380" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-172-1024x484.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-172-300x142.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-172-768x363.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-172-1536x726.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-172-2048x968.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-172-317x150.png 317w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-172-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-172-740x350.png 740w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-172-788x372.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-172.png 1963w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/crypto-analyst-shares-the-right-time-to-buy-bitcoin-btc/" target="_blank">Crypto Analyst Shares The Right Time To Buy Bitcoin (BTC)</a></em></strong></p> 
<p>Should the price break below the shoulder level of the emerging head and shoulder pattern, we could see a major price drop to $0.0000018.</p> 
<h3 class="wp-block-heading" id="shiba-inu-shib">Shiba Inu (SHIB)</h3> 
<p><a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank">Shiba Inu </a>has also followed the same price pattern breaking various supports at $0.0000198, $0.0000181, and $0.0000168.&nbsp;</p> 
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<p>At the time of writing, the price is seen breaking below $0.0000141. If this is successful, we could see a further 16% dip to 0.0000116.</p> 
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<p>The post <a href="https://captainaltcoin.com/meme-coin-prices-plunge-doge-pepe-shib-and-others-in-red/">Meme Coin Prices Plunge: DOGE, PEPE, SHIB, and Others “In Red”</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Meme Coin Prices Plunge: DOGE, PEPE, SHIB, and Others “In Red”

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CaptainAltcoin

Alte articole publicate pe 5 iul. 2024

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