📊 Can Floki Inu (#FLOKI ) and Shiba Inu (#SHIB ) Make New Highs This Cycle? Analysts Claim Dogen Is The Better Bet
The overall market remains calm as many altcoins are still at low prices, poised for a potential surge. Among these, Floki Inu (FLOKI) and Shiba Inu (SHIB) are getting significant attention. Crypto analysts are buzzing with predictions, suggesting these coins might make new highs during this cycle. However, a surprising new contender, Dogen, is being touted as the better bet for growth. Is this just hype, or is there concrete potential behind these claims? This article delves into the details, evaluating the prospects of FLOKI, SHIB, and the rising star, Dogen.
🔸 Dogecoin Set to Break Out? Bulls Eye Resistance Levels
Dogecoin is currently trading between $0.0894 and $0.1057. The bulls seem to be holding ground, evident by its 3.6% gain over the past month. Immediate resistance is at $0.1161, followed by another at $0.1324. If DOGE pushes past these levels, we could see a significant rise. With a resistance break, the coin could climb by over 20% in the near term. Analysts will be watching closely as the RSI hovers around a neutral 50.5, showing indecision. However, the overall sentiment is bullish, giving hope for a potential altcoin season.
🔸 Rising Momentum for Shiba Inu (SHIB): Could Bulls Charge Ahead?
Shiba Inu (SHIB) is currently trading between $0.00001237 and $0.00001459, showing mixed signals with potential for growth. The Relative Strength Index (RSI) at 53.72 suggests that the bulls still have some power left. If SHIB can break past the nearest resistance at $0.00001603, it could climb up to $0.00001825, a jump of about 25%. However, support at $0.00001159 is crucial to maintain strength. Over the last month, SHIB has gained 1.51%, showing slight positive momentum in a bearish six months. The moving averages around $0.00001345 also hint at potential stability. Watch these levels closely for a breakout.