Analysis of popular meme coins: PEPE, Floki, WIF

PEPE: Strongly recommended to hold

PEPE has performed strongly recently, breaking through the key resistance level last week and is currently priced at nearly $0.000012. After the breakthrough, the key resistance level has become a support level. If it continues to rise, it is expected to rise by another 20%; but if it pulls back, it may fall to $0.000009. Although large investors are reducing their positions, retail investors are still confident

From the chart, PEPE still maintains a bullish trend. The Bollinger Bands show that volatility has narrowed and prices have stabilized. Future trends depend on whether it can continue to break through.

Floki: Recommended to buy and hold

Floki is currently trading at around $0.00019, with a daily increase of 25%, a weekly increase of 30%, and a large increase in trading volume. However, the number of active addresses on the chain has decreased, which may indicate that the recent rise is mainly driven by market sentiment. But Floki is still undervalued and has attracted many buyers.

The chart shows that the price of Floki is stable and the MACD also shows room for growth. The fund flow indicator is somewhat abnormal. If it pulls back, it may fall to $0.00015; if it continues to rise, it is expected to break through $0.0002. If the price stabilizes above $0.18, Floki is a good choice to start.

WIF: It is recommended to wait and see

WIF performed strongly yesterday and broke through the resistance level. The current price is $2.26, with a daily increase of 22% and a weekly increase of 27%. Market sentiment is complicated, but breaking through the descending wedge is a good sign and may rise by another 20%.

There are no obvious support and resistance levels on the chart, and price movements are difficult to predict. The RSI indicator shows overbought, and buyers are waiting for sellers to react. The Alligator line also shows that the price fluctuates greatly. WIF holders need to pay attention to the support level of $2.02. If it falls below, be cautious; if the trend continues to improve, the price is expected to hit $3 or above