LIVE#Write2Earn #Write2Earn 🔥💥Shiba Inu Dogecoin and Floki Coin Should Be in Your Portfolio in 2024: Here's Why
The top cryptocurrencies such as Dogecoin (DOGE), Shiba Inu (SHIB) and Floki Inu (FLOKI) look set for big leaps as the bull run continues to accelerate towards 2024.
Dogecoin (#DOGE )
Dogecoin (DOGE) Is Rising Despite Losing Its Top 10 Position
The original meme coin Dogecoin is currently trading around $0.08619 after a small retreat candle. DOGE is currently 88.2% below its all-time high and indeed has a long way to go.
While the year 2024 is on the rise for the cryptocurrency market, it is likely that OG meme coin will accelerate and reach higher levels.
Shiba Inu (#SHIB )
SHIB, the second largest meme crypto, gave a positive signal by breaking its own falling wedge pattern and reclaiming the 50-day EMA, avoiding a terrible death cross setback in the process. While trading activity has resurfaced at recent recovery peaks, current prices offer an opportunistic entry point before the next bullish upswing.
Now returning to an official uptrend with the 200-day EMA tilted to the upside, the Shiba Inu looks ready to retest the psychological $0.00001 level soon. From here on, technical forecasts predict a concerted rise that will go up to $ 0.000015 if the momentum continues.
FLOKI, which exhibits a high acceleration, achieves very big gains compared to its peers after breaking the symmetrical triangle model. Memecoin also managed to turn previous resistance levels into support during this move.
The bullish outlook opens the door for Floki Inu to perform much better than Dogecoin and Shiba Inu in February; price targets will be raised to $0.000042 if current growth rates continue with increased volumes.
So while the meme craze has been relatively subdued lately, technical and historical data suggest that this calm offers the perfect backdrop to take up positions when the real FOMO kicks into high gear again later this year.
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