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Pepe Coin (PEPE) and Floki Inu (FLOKI) have been on a decent rally over the past few weeks. However, across the whole crypto market, both coins are exhibiting muted performance. Let us take a closer look at the technical analysis and price predictions for these two popular meme coins for this week. Pepe Coin (PEPE) Technical Analysis According to the technical analysis provided by altFINS, Pepe Coin is currently in an uptrend, having recently experienced a bullish breakout from a channel up pattern. The price reached resistance at $0.000017 but faced rejection, presenting potential entry opportunities for traders. altFINS suggests that a pullback near the $0.0000113 support level could offer an attractive swing trade entry opportunity in the ongoing uptrend, with a potential 50% upside back to $0.000017. The recommended stop loss is set at $0.0000110Pepe Coin (PEPE) and Floki Inu (FLOKI) have been on a decent rally over the past few weeks. However, across the whole crypto market, both coins are exhibiting muted performance. Let us take a closer look at the technical analysis and price predictions for these two popular meme coins for this week. Pepe Coin (PEPE) Technical Analysis According to the technical analysis provided by altFINS, Pepe Coin is currently in an uptrend, having recently experienced a bullish breakout from a channel up pattern. The price reached resistance at $0.000017 but faced rejection, presenting potential entry opportunities for traders. altFINS suggests that a pullback near the $0.0000113 support level could offer an attractive swing trade entry opportunity in the ongoing uptrend, with a potential 50% upside back to $0.000017. The recommended stop loss is set at $0.0000110. pepe#PEPE_EXPERT #

Pepe Coin (PEPE) and Floki Inu (FLOKI) have been on a decent rally over the past few weeks. However, across the whole crypto market, both coins are exhibiting muted performance. Let us take a closer look at the technical analysis and price predictions for these two popular meme coins for this week.

Pepe Coin (PEPE) Technical Analysis

According to the technical analysis provided by altFINS, Pepe Coin is currently in an uptrend, having recently experienced a bullish breakout from a channel up pattern. The price reached resistance at $0.000017 but faced rejection, presenting potential entry opportunities for traders.

altFINS suggests that a pullback near the $0.0000113 support level could offer an attractive swing trade entry opportunity in the ongoing uptrend, with a potential 50% upside back to $0.000017. The recommended stop loss is set at $0.0000110Pepe Coin (PEPE) and Floki Inu (FLOKI) have been on a decent rally over the past few weeks. However, across the whole crypto market, both coins are exhibiting muted performance. Let us take a closer look at the technical analysis and price predictions for these two popular meme coins for this week.

Pepe Coin (PEPE) Technical Analysis

According to the technical analysis provided by altFINS, Pepe Coin is currently in an uptrend, having recently experienced a bullish breakout from a channel up pattern. The price reached resistance at $0.000017 but faced rejection, presenting potential entry opportunities for traders.

altFINS suggests that a pullback near the $0.0000113 support level could offer an attractive swing trade entry opportunity in the ongoing uptrend, with a potential 50% upside back to $0.000017. The recommended stop loss is set at $0.0000110.

pepe#PEPE_EXPERT

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🔥🔥🔥🔥Shiba Inu (SHIB) burns above 3000% Shiba Inu burns over 3000% as of June 12, 2024. The 24-hour burn consumed around 232 million SHIB tokens. The burn rate increased by 3010.53% to erase 232.64 million tokens, according to Shibburn. The action boosts $SHIB's market price. Three wallets stood out from the latest fire incident because community members contributed. The first wallet sent 225.63 million SHIB tokens to a defunct wallet. The other two wallets sent 3.18 and 1.69 million tokens. Moving tokens from a live wallet to a dead wallet reduces supply. Obviously, burning entailed numerous transactions. It has not affected SHIB in 24 hours. The token is down 1.23% as of this writing. After 7 days and 30 days, it fell 15.82% and 1.78%, respectively. Market cap down 1.21%, 24-hour trading volume up 27.58%, topping $769,770,000. Current market cap is above $12 billion. A token burning event generally boosts token value. This is new for SHIB. Since meme coin projections are optimistic, effects may appear later. It should be worth $0.00002790 in 5 days and $0.00007004 in 30. A 226.25% increase from the present value would be a tremendous monthly leap. The Fear & Greed Index is 72 points below Greed, indicating pessimistic emotion. The 14-day RSI is 41.31, and volatility is 4.5%. In order, the 50-day and 200-day SMAs are $0.00002443 and $0.00001796, respectively. Despite negative attitudes, SHIB cannot be written off at any moment. The dog-themed meme currency ranks 11th in cryptocurrencies and 2nd in meme coins by market valuation. Shiba Inu wants to host an ETF and dethrone Dogecoin ($DOGE). A burn rate of 3000% is promising yet implies reducing supply to boost token value. Burning tokens is common in crypto, but it's still a factor. Huge Win Shiba Inu ($SHIB) is rising. Research and risk evaluation are still advised before investing in SHIB or other cryptocurrencies. #TopCoinsJune2024 #ETHETFsApproved #bitcoin
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#ETHETFsApproved #TopCoinsJune2024 Long Bitcoin holdings indicate ordinary traders are trying to purchase a decline in price Despite the recent downturn, Bitcoin retail traders are still positive. According to statistics from Hyblock Capital, more than 70% of Binance accounts are net long. Long Bitcoin holdings worth more than $18 million were sold off in the last day, despite BTC maintaining a price over $67,000. Despite the pullback experienced on Tuesday, data on long and short positions reveals that retail traders are hopeful about a Bitcoin (BTC) price comeback. The biggest crypto asset by market capitalization remains above $67,000. On the whole, retail Bitcoin traders are positive. According to data compiled by Hyblock Capital, a majority of Binance's futures traders (70.25 percent) are net long on Bitcoin (BTC), indicating that they are mostly anticipating an asset surge. Compared to Tuesday, when it was 57%, this indicates that retail traders are seeing the current fall as a chance to purchase Bitcoin at a price low. Despite a 4% loss in value over the last week, Bitcoin is up over 1% on Wednesday, trading at around $67,900 on Binance. Meanwhile, after the price adjustment, $18.85 million worth of Bitcoin long bets were liquidated in the previous 24 hours, according to data from crypto intelligence tracker Coinglass. Long liquidations are more substantial than short ones. Retail traders are still betting on Bitcoin's price growth, even if there has been a large-scale liquidation of long holdings. The US Federal Reserve's Federal Open Market Committee (FOMC) meeting and the Consumer Price Index (CPI) data for May are two big US macro events that holders are preparing for, and Bitcoin is trading below $68,000 as a result. Especially for risky assets like cryptocurrency, the double-header can cause market movements.
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Political Finance (PolitiFi), one of the new trends taking shape around Joe Biden and Donald Trump, was mobilized after Hunter Biden was found guilty. Political Finance (PolitiFi), one of the new trends taking shape around Joe Biden and Donald Trump, became active after Hunter Biden was found guilty. According to CoinGecko, the market value of memecoins in the Political Finance category has fallen by over 13 percent in the last 24 hours. During this period, #Bitcoin (BTC) lost approximately 4 percent in value, while Ether (ETH) decreased by 5.4 percent. The conviction of Hunter Biden, son of incumbent US president Joe Biden, led to a 45 percent drop in FreeTrump (TRUMP) in the last 24 hours. #MAGA (TRUMP), the largest PolitiFi coin in terms of market value, dropped by 13 percent. These tokens have no official connection with any political figure. With the guilty verdict announced on June 12, Solana-based Hunter Boden (HUNTERBODEN) gained attention, rising more than 30 percent in the last 24 hours to $0.001514. Jeo Boden (BODEN), one of the most popular mecoins of 2024, dropped by 5.5 percent to $ 0.1855. The Joe Biden-Donald #Trump conflict, which has become increasingly heated as the US elections approach, has been especially good for the memecoin trend. Developments regarding political figures that bring a new breath to the Memecoin category can easily mobilize memecoins in this field. But memecoin hunters should be careful in this process. Volatility may increase in memecoins due to both the course of the market and its nature#FIT21 #TopCoinsJune2024 #TopCoinsJune2024
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