Shiba

Pepe

Bitcoin

Dogecoin

Shiba Inu

The post <a href="https://coinpedia.org/uncategorized/top-meme-coins-await-the-next-bull-run-doge-shib-and-pepe-price-analysis/">Top Meme Coins Await The Next Bull Run: DOGE, SHIB and PEPE Price Analysis</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
As the sentiments bounce back, the price of Bitcoin takes a bullish approach and teases the $38,000 breakout. With the Bitcoin recovery rally directly influencing the altcoins market, the meme coins are ready to get a new wave of recovery.&nbsp; 
As the anticipation for a price jump in meme coins increases, the DOGE, SHIB and PEPE coins are the main attraction for investors.&nbsp; 
So, let’s look closely at the top meme coins. 
<h2 class="wp-block-heading" id="h-dogecoin-doge">Dogecoin (DOGE)</h2> 
<figure class="wp-block-image">
 <img decoding="async" width="1600" height="752" src="https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148.png" alt="" class="wp-image-250253" srcset="https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148.png 1600w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-300x141.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-1024x481.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-768x361.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-1536x722.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-150x71.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure> 
Source – <a href="https://www.tradingview.com/x/6IzkCvxI/">TradingView</a> 
The Dogecoin correction phase found suitable footing at the confluence of $0.0711 and the dynamic support of 50-day EMA. A retracement to this confluence takes a quick bullish reversal, reflecting the Doge recovery is likely to continue.&nbsp; 
In the last nine days, the Dogecoin price has surged 14.55%, which is possible to trade at $0.0818 currently. With sustained buying, the leading meme coin is likely to rise 15% to challenge the resistance of $0.0942.&nbsp; 
The potential breakout above $0.0819 would better confirm the uptrend continuation.&nbsp; 
<h2 class="wp-block-heading" id="strong-shiba-inu-shib-strong">Shiba Inu (SHIB)</h2> 
<figure class="wp-block-image">
 <img decoding="async" width="1600" height="752" src="https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148.png" alt="" class="wp-image-250252" srcset="https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148.png 1600w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-300x141.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-1024x481.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-768x361.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-1536x722.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-150x71.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure> 
Source – <a href="https://www.tradingview.com/x/FuIBZOqL/">Tradingview</a> 
As the largest cryptocurrency, Bitcoin, shows $38,000 breakout attempts, the market sentiment has witnessed an uptick in buying pressure. As a result, the SHIB price rebounded from $0.00000772 on November 22nd with a reversal candle pattern called bullish piercing.&nbsp; 
The buyers have reclaimed 6.34% in the last eight days to push the SHIB price to the $0.00000817 mark. With the current momentum, Shiba Inu is likely to rise 6% to face intense supply pressure at the overhead trendline.&nbsp; 
Historical data has shown a retest to this level has often resulted in increasing bearish momentum and a sharp correction. Thus, a breakout above this level is needed to get a suitable sign of trend reversal and potentially reach $0.000010, a 22% hike. 
<h3 class="wp-block-heading" id="strong-pepe-coin-pepe-strong">PEPE coin (PEPE)</h3> 
<figure class="wp-block-image">
 <img decoding="async" width="1600" height="752" src="https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148.png" alt="" class="wp-image-250251" srcset="https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148.png 1600w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-300x141.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-1024x481.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-768x361.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-1536x722.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/11/30201323/image-148-150x71.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure> 
Source- <a href="https://www.tradingview.com/x/HEkc6fP9/">TradingView</a> 
Defying the broader market uptick, the Pepe coin price showed a notable downturn this week, falling from a high of $0.0000011796 to the current trading price of $0.00000106, registering a 9.66% fall. The surge in selling pressure came after the recent retest of the rising wedge breakdown on November 26th.&nbsp; 
Nevertheless, the buyers are likely to hold the weekly support of $0.0000010508, providing a bounce pad for this coin. The post-breakdown fall could cause the price to tumble down to the $0.000000895 mark.&nbsp; 
On the contrary, the intraday gain of 0.77% from the weekly support shows the counterattack from buyers. If the resulting reversal re-enters the wedge pattern, the bearish thesis will get invalidated and potentially surge the price to the $0.000001510 mark. 
In conclusion, the Meme Coins display a strong bullish comeback and will tease breakout entry points shortly.&nbsp;&nbsp;

Top Meme Coins Await The Next Bull Run: DOGE, SHIB and PEPE Price Analysis

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Ďalšie články zverejnené 30. 11. 2023

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