๐WIF, 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.
๐ 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.
๐ 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. ๐