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🔥💥What do PEPE, FLOKI price predictions say?
#PEPE and floki have a long-term bullish outlook
The coming week could see meme coin markets climb higher.
Pepe [PEPE] recorded a 17.53% increase in press time. The weekend was also favorable for FLOKI [FLOKI], but memecoin has only made gains of close to 8% in the last 48 hours.
Dogecoin's [DOGE's] gains last week could set up a bullish week for the rest of the meme coin market. Of the two coins Ambcrypto analyzed here, Pepe had a more bullish short-term view.
PEPE price action shows bullish trend
PEPE pulled back from the all-time high at $0.00001084, but did not come close to the low fall at $0.00000581.
With PEPE prices rising above this level, the A / D indicator continued its upward trend. He noted that the demand is present behind the movement. The RSI has also passed the 60 mark to indicate strength.
Given that BTC could face significant resistance around $72k, it was unclear whether pepe would manage to carve out another run north for himself, as he did in late February.
reflects the demand. It also confirmed the findings from the A/D indicator.
Open Interest has risen slowly since March 25, seeing a higher jump when local resistance was breached.
This was a sign that speculators were willing to continue for a long time in Pepe's short-term breakaway.
#floki was slower than the mark
The FLOKI bulls were more hesitant than Dogecoin and Pepe. CMF noted that there is a healthy flow of capital into the FLOKI Sunday. The RSI also remained above neutral 50 on the 6-hour chart.
Like PEPE, he has a bullish market structure. In addition, the Oct 61.8% Fib retracement level has seen a good reaction from the bulls. Volatility was likely in the short term.
The higher time zone bias was strongly on the rise.
FLOKI Hyblock Lik Levels
Source: Hyblock
Cumulative Liquidation Levels were slightly negative and showed an upward movement to clear short positions. Prices are being pulled into pockets of significant liquidity.
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