Leading crypto strategist Credible Crypto predicts that the price of Solana (SOL)-based meme coin Dogwifhat (WIF) could drop further. Credible Crypto, known in the crypto world, carefully analyzes market developments and price movements. The analyst, who has recently focused on meme coins in the Solana ecosystem, states that WIF has not yet established a market base; This brings with it the possibility of a further decline in current price levels.

Credible Crypto emphasizes that there may be a short-term increase in the price of WIF, but this will not mean a long-term recovery. “I think we could see a death toll here, but I have to point out that the downside is not over yet,” he says. A dead bounce indicates a temporary recovery in the market, followed by a re-entry into a downtrend. This comment indicates that WIF investors should be cautious.

The chart shared by the analyst suggests that the price of WIF may drop to $0.80 with fluctuations. Such fluctuations often occur during periods when investors experience uncertainty. Volatility in WIF's price requires investors to be careful. Predictions on charts can help investors make more informed decisions by presenting potential scenarios.

Credible Crypto's analysis is not limited to WIF. The analyst predicts that the popular meme coin Pepe (PEPE) may also experience a significant correction. PEPE stands out as a coin that attracts great attention in the crypto market; However, the analyst states that PEPE may experience a nearly 90% correction from its all-time high of $0.0000171. This situation is an important warning for PEPE investors.

“Obviously we have a significant support area here between $0.0000059 and $0.0000040, so we could see a bounce from there. But ultimately I expect a lower level,” says Credible Crypto. The analyst predicts PEPE could fall as low as $0.00000185; This is significantly lower than PEPE's current price levels.$PEPE

Finally, the analyst states that the dog-themed meme coin Dogecoin (DOGE) may retest higher resistance levels as Bitcoin begins to rise. “Cryptocurrencies such as DOGE may experience upward relief. We have reached the first downside target in demand; This is a logical place to jump. We will probably see a jump with Bitcoin. However, there will be a point where resistance will be encountered again and Bitcoin may lose value as it rises. The logical place for DOGE is $0.10; But if this level is lost, there is a possibility that it will go down even further. A jump can definitely be seen here.”$DOGE

The analyst suggests that a possible scenario is for DOGE to drop to $0.084, retest resistance at $0.15, and drop to $0.06.

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