Memecoins are indispensable parts of the cryptocurrency industry. While they offer high profits, they can also cause high losses. In this article, we will share with you the analysis of the most popular memecoins. Here are Shiba ( $SHIB ), Pepe ( $PEPE ), Wif ( $WIF ) analysis and price predictions.
Shiba Coin Analysis
#SHIB🔥🔥 is trading at $0.00001742 as of the date of writing. While the popular memecoin has decreased by 3.57% in the last week, it has lost 28.43% in the last month. However, memecoin has increased by 128% in the last year, leaving most commodity and currency groups behind.
In June 2024, almost all technical analysis indicators gave bullish signals, while other indicators gave a general bullish signal and gave bearish signals.
Over the last 30 days, the Shiba Inu has experienced a decline of -32.26%. Therefore, we may experience a slight recovery next month. As of the end of June, the value of the Shiba Inu increased by 112.72%, reaching around $0.0000370.
The price of Shiba Inu is currently trending below the 50-day simple moving average (SMA). This shows that it may be the right time to buy.
Our quarterly SHIB price predictions are based on Shiba Inu past performance. In this section we present 3 types of forecasts: bullish (green), bearish (red) and average (white). Bullish prediction is based on the Shiba Inu's average performance in positive quarters only
![](https://public.bnbstatic.com/image/pgc/202406/8b9dcf0c616790603fa8671770d110b1.png)
In the bullish scenario, the price is expected to reach $0.00008164 by the end of the year
![](https://public.bnbstatic.com/image/pgc/202406/b73ac5a013cda2a113f2ed5dcad8c22a.png)
Based on today's classic pivot point (P1) at $0.00001767, the Shiba Inu has support levels at $0.00001715, $0.00001653 and is strongest at $0.00001601. Similarly, Shiba Inu resistance levels lie at $0.00001829, $0.00001881, and $0.00001943.
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Pepe Coin Analiz
Perhaps one of the most important investments made in the last year is Pepe. The user who bought #PEPE✈ 1 year ago gained nearly 700%. This is enough to leave the gold, silver and stock market commodity categories behind.
As of the date of the article, while Pepe increased by 10% in the last week, it decreased by 25% in general in the last month. It is worth noting that this decline is due to Bitcoin.
According to our current Pepe Coin price prediction, the Pepe Coin price is predicted to increase by 229.42% by July 26, 2024, reaching $0.00004164. According to our technical indicators, current sentiment is Neutral while the Fear and Greed Index is reading 46 (Fear).
According to June 2024 data, the overall Pepe Coin price prediction approach is neutral, with 16 technical analysis indicators indicating bullish signals and 9 bearish signals.
![](https://public.bnbstatic.com/image/pgc/202406/34c0f1db42ce3fce2bdeeb94c1233bae.png)
According to our technical indicators, Pepe Coin's 200-day SMA will increase next month and reach $0.0₅9414 by July 26, 2024. Pepe Coin's short-term 50-Day SMA is estimated to reach $0.00001952 by July 26, 2024.
![](https://public.bnbstatic.com/image/pgc/202406/6f4fe37820b8e94ce7b03756b8b5d779.png)
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value stands at 43.75, indicating that the PEPE market is neutral.
Wif Coin Analizi
As of the date of the article, Wif has lost 35% of its value in the last month and may experience a recovery in the future.
Someone who bought Wif tokens 1 year ago gained more than 1000%. The crypto ecosystem can be a very strange space at times. ,
![](https://public.bnbstatic.com/image/pgc/202406/0fbeee5c1fc332ac655b16a722dd2539.png)
According to our current Dogwifhat price prediction, the Dogwifhat price is predicted to increase by 231.38% to reach $6.63 by August 2024.
![](https://public.bnbstatic.com/image/pgc/202406/e6b97047165a6d1cfb1a2b7a229393e9.png)
Dogwifhat's short-term 50-Day SMA is estimated to reach $3.34 by July 26, 2024 .
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 35.12, which indicates that the WIF market is neutral.
Based on today's classical pivot point (P1), Dogwifhat's support levels are $1.876665, $1.711678 and the strongest is $1.610204. Similarly, Dogwifhat resistance levels are $2.14, $2.24, and $2.41.
Remember, the data here was obtained with technical analysis tools. Avoid investing without doing your own research and investing all your assets. Protect your wallet by always buying and selling gradually by dividing your balance into percentages.
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