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🚀WIF, BONK, DOGE, FLOKI Price Analysis: May 15 Despite speculations of overselling and potential rebounds, meme coins like dogwifhat (WIF), Bonk (BONK), Dogecoin (DOGE), and Floki (FLOKI) continue to experience significant declines. 📉 Current Price Analysis WIF is trading at $3.03, down by 5.34% in the last 24 hours. The RSI indicates bearish momentum, potentially pushing WIF's price towards $2.59. BONK's price fell by 7.68% to $0.000023, with a negative MACD signaling bearish momentum aiming below $0.000020. DOGE lost 4.52%, currently at $0.14, with low volatility indicating mild fluctuations unless bands expand. The AO is negative, suggesting a potential drop to $0.12. FLOKI dropped by 4.52% to $0.00017, invalidated a previous upswing to $0.00018. The RSI below 50.00 confirms a decline, targeting $0.00015 next according to Fibonacci retracement. 📊 Technical Analysis Insights Technical indicators like RSI, MACD, and Fibonacci retracement suggest further downside for these meme coins unless bullish momentum reverses the current trends. The market awaits potential price movements in the coming week amidst ongoing bearish sentiments. 📉

🚀WIF, BONK, DOGE, FLOKI Price Analysis: May 15

Despite speculations of overselling and potential rebounds, meme coins like dogwifhat (WIF), Bonk (BONK), Dogecoin (DOGE), and Floki (FLOKI) continue to experience significant declines.

📉 Current Price Analysis

WIF is trading at $3.03, down by 5.34% in the last 24 hours. The RSI indicates bearish momentum, potentially pushing WIF's price towards $2.59.

BONK's price fell by 7.68% to $0.000023, with a negative MACD signaling bearish momentum aiming below $0.000020.

DOGE lost 4.52%, currently at $0.14, with low volatility indicating mild fluctuations unless bands expand. The AO is negative, suggesting a potential drop to $0.12.

FLOKI dropped by 4.52% to $0.00017, invalidated a previous upswing to $0.00018. The RSI below 50.00 confirms a decline, targeting $0.00015 next according to Fibonacci retracement.

📊 Technical Analysis Insights

Technical indicators like RSI, MACD, and Fibonacci retracement suggest further downside for these meme coins unless bullish momentum reverses the current trends. The market awaits potential price movements in the coming week amidst ongoing bearish sentiments. 📉

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💥Bitcoin Price Faces Key Resistance Levels 📈 Bitcoin is finding buyers at $68,000 due to Fed announcements and Mt. Gox transfers. Bulls are struggling to solidify $70,000 as support amid ongoing news flow. So, what do the more reliable on-chain signals indicate for mid-term forecasts? 💹 After months of rising, Bitcoin paused its rally following the last ATH. With the approval of the Spot ETH ETF, it has risen to the $67,500 to $70,000 range. Staying here is more promising than testing new dips at $60,000. Solidifying this higher support could lead to a new ATH attempt. The red trend line shows short-term traders are eager for profit-taking. BTC may test the Ichimoku Cloud; falling below it could shift sentiment to neutral, possibly testing $64,000. 📊 Bitcoin price rises steadily among investors. Long-term holders are taking profits, and new short-term investors are accumulating. From early 2024 to April, there were significant declines in supply active for 1 and 2+ years, while supply in UTXOs held for over 3 years increased. This upward trend suggests a new ATH is likely. Over half of the total Bitcoin supply has remained untouched for over a year. The turnaround at $56,000 showed a shift from selling to holding BTC. 📉 Only 1.1% of Bitcoin supply was purchased above $70,000, indicating few people bought BTC at higher prices, reducing the risk of rapid selling. 🔍 The conclusion: 6% of the total supply was bought in the $65,000 to $70,000 range, indicating strong support. The thin supply above $70,000 suggests a move towards $80,000 is possible. A short-term test of $64,000 could happen, but long-term investors have stopped selling.
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