3 Top Memecoins To Watch Out For This Week
Following the BTC price consolidation, investors have looked cautious and booked their partial profit in the PEPE coin, which led to a slight retracement from the top.
This week, the memecoin has retested the 100-day EMA mark strong support territory and will likely initiate a pullback ahead.At press time, the PEPE coin price traded at $0.0000106 with an intraday drop of 7.74%, reflecting profit booking in yesterday’s session. Meanwhile, the memecoin has regressed to the liquidity support zone and may showcase a rebound soon.
The Shiba Inu (SHIB) is the vintage memecoin that looked stable around the past sessions. It regressed toward its crucial support zone of the 200-day EMA mark and will likely initiate a bounce soon.
For the past few trading sessions, it remained in the closed range and faced rejection from its 50-day EMA mark. However, the trend is neutral, and the memecoin is looking for a noteworthy bounce to flip the gains ahead.At press time, the Shiba Inu (SHIB) price traded at $0.0000186 with an intraday drop of 8.04%, reflecting retracement in yesterday’s session. However, it has retested the 200-day EMA mark, and the bulls will likely accumulate the memecoin soon.
The Dogwifhat (WIF) price has regressed to the range of lower neckline support around $2 and is at a make-or-break zone. Recently, the memecoin has faced rejection from the 20-day EMA mark and witnessed profit booking in the last sessions.
Meanwhile, the WIF memecoin will likely get support there and will flip the gains shortly.
If the memecoin fails to hold the $2 mark, further downsides may be seen, whereas if it is settled there, it may pull back soon.At press time, Dogwifhat (WIF) price traded at $2.02 with an intraday drop of 12.04%, reflecting retracement this week. However, it has retested the round mark support and will regain the shine soon.