Dogecoin may usher in a huge boom this month, and bullish signals have appeared!

1. SHIB

As a cryptocurrency based on Internet memes, SHIB was born as a fun tribute to Doge. The core value of SHIB lies in its strong social media influence, the strategy of reducing supply by burning tokens, and the constantly improving ecosystem.

On the daily candlestick chart, the price of SHIB has steadily recovered driven by the rising trend line. This momentum has lifted it from the low of 0.0000183 on April 13 to 0.000026, an increase of 45%.

Currently, Shiba Inu has a market value of $14.7 billion, while the 24-hour trading volume has dropped to $250 million.

If the aforementioned support level can be maintained, buyers may break through the swing high resistance of 0.00003. This breakthrough will further confirm the shift in market sentiment from selling on the rise to buying on the pullback. The rebound after the breakout may push this asset to 0.000038 or even higher to 0.000054.

2. Floki

FLOKI, a cryptocurrency inspired by popular online memes, has grown from its initial fun homage to Musk's Shiba Inu. The core of the Floki ecosystem is Valhalla, an NFT gaming metaverse where players can earn rewards by participating in activities such as battles and asset trading.

Against the backdrop of the current market consolidation, Floki's price has shown weak bullish momentum, causing it to retreat from a high of 0.000313. This downward trend has caused the price of the "meme coin" to drop by 160.0000259 and its market value to drop to $24.4 billion.

If supply pressure continues, the coin's price may fall another 20% and seek support at the rising trend line. This dynamic support line has maintained a bullish trajectory for nearly three months and is expected to restore weak bullish momentum for Floki.

Once it rebounds from this support level, Floki's price may break through the ceiling of $0.0000313 and continue its upward path. #链游板块普涨 #美国4月核心PCE指标显示通胀放缓 #BTC走势分析 #SHIBA🚀 $SHIB $DOGE $FLOKI