Crypto Voice News | Meme Coin Price Analysis: Will SHIB, PEPE, FLOKI, DOGE Explode This Week?

Original author：Kripto Sesli Haber

Original source：https://www.youtube.com/embed/xdrIfkBpi2Q

Meme Coin Price Analysis: Will SHIB, PEPE, FLOKI, DOGE Explode This Week?
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With surprising returns over the last two weeks, the meme coin rally continues to break higher levels.

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While rising volumes in meme coins signal an upcoming altcoin season, Bitcoin price is poised for a new all-time high, supporting this thesis.
Altcoin season is coming stronger than ever as the market cap of altcoins reaches the $1.113 Trillion milestone. Therefore, given the potential for further upside in meme coins, let's take a look at the best meme coins.
Shiba Inu (SHIB)
Shiba Inu, the second largest meme coin also known as DOGE-Killer, is on a supersonic recovery path. Among the best meme coins, SHIB price is competing fast. With an increase of almost 300% in ten days, DOGE-Killer is heading towards an all-time high.
Shiba Inu price rising above the 50% Fibonacci level on the weekly chart indicates a trend reversal. Moreover, meme coin is heading towards reclaiming the psychological $0.000050 mark in a short time.
Currently, SHIB price is trading at $0.00003850 and the intraday growth of 7.13% indicates strong momentum. Considering that the uptrend continues, meme coin may hit an all-time high in 2024. However, a short withdrawal phase for retesting is possible in the coming weeks.
PEPE (PEPE)
PEPE made the biggest and fastest jump in the top meme coins, showing a 441% increase compared to last February 26. Having swallowed two large bullish candles on the weekly chart, meme coin is undermining the current downtrend.
Having surpassed its all-time high during the listing phase, PEPE coin is trading at unpredictable levels. Moreover, trading volumes are astronomical, supporting the possibility of PEPE's upward trend.
Currently, PEPE price is trading at $0.00000746 with an intraday increase of 6.40% and is continuing the streak of bullish candles.
Dogecoin (DOGE)
DOGE price, the biggest meme coin in the crypto industry, is waking up after years of downtrend. Despite the rally led by newcomers, Dogecoin remains at the top and is rising at a similar pace.
With a 115% bull run in this buying spree, meme coin is attempting to break through the 23.06% Fibonacci level, indicating a trend reversal. Therefore, a close above $0.1780 on the weekly chart could signal a stronger reversal in DOGE.
Currently, DOGE price is trading at $0.1809 and the long-range Doji candle signals that a short breathing phase is approaching. Therefore, the week may experience a pullback due to buyer fatigue. However, a general uptrend could cause DOGE price to rise to $0.31 at the 50% Fib level after Bitcoin Halving.
FLOKİ (FLOKİ)
FLOKI price, which has the most dramatic and upward charts among meme coins, stands out as the best performing price after PEPE. The bullish engulfing candle, which was remade last week with an increase of almost 300%, is changing the entire price dynamic.
Confirming the basic meaning of high volatility in meme coins, FLOKI price gives the rise of an ascending triangle. This week FLOKI coin exhibited a brief retracement of 9.39% as buyers exhausted it. It is possible to retest FLOKI prices by creating a piercing candle.
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Disclaimer, The information provided in this video is not investment advice.
financial advice is not trading advice, it is for informational purposes only,
You should not consider any of the video content as investment advice.
Please seek advice from your financial advisor before making any investment decisions.

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