Shiba Inu (#SHIB ) According to market records, Shiba Inu ($SHIB ), the second largest memecoin, has been dulled by the memecoin increases that took place since October. SHIB has increased by nearly 25 percent in the last month.

The analysis used the following statements;

“If the bulls regain momentum, Shiba Inu price will break out of the triangle formation and head towards the $0.00002350 resistance. Conversely, the downward price may persist at the low temperature of $0.0000170.”

Bonk (#BONK ) Bonk ($BONK ), which is on the Solana blockchain, has increased by 35.82 percent throughout the month. As one of the favorite altcoins of the memecoin bull, BONK has lost its increasing daily upward momentum. The BONK price has lost nearly 2 percent in the last 24 minutes.

The analysis included the following statements;

“BONK is giving a recovery signal with the neutral moving average. Buying and selling in memecoin has decreased. If the rise disappears, BONK memecoin will retest the $ 0.0000270 resistance level this week. On the other hand, it was seen that the return of the decline, the price remained at an average of $ 0.00002125.”

Pepe (#PEPE ) Pepe ($PEPE ), one of the memecoins that will leave its mark on 2024, was listed on Coinpedia. In the analysis, it was stated that PEPE could be accumulated in declines.

PEPE displayed a weak appearance by decreasing by 2.78 percent the other day and 3.14 percent the previous week. A collapse distribution was formed for PEPE, which was trying to hold on to the 0.00001 direction.

The analysis included the following statements;

“The RSI indicator continues to monitor above the midpoint on the PEPE price chart. It also emphasizes that the average trend line is a strong positive reversal in all periods. Let's assume that the bulls lose momentum, in which case PEPE will retest the resistance line of the triangle pattern. On the other hand, if the bears outperform the bulls, the PEPE price may fall to the right of 0.00000880.” Dogwifhat (WIF) The decline in the Bitcoin price on the $ 67,000 page caused Dogwifhat (WIF) to lose blood. WIF lost 5 percent of its value with a trading volume of 318 million units the other day. The popular memecoin drew attention by falling above an important support level of $ 2.5.

Analyzing that declines are an opportunity to accumulate WIF, he used the following statements;

“Amid the increasing price play, it is expected that the rise will return. “A continuation of the bullish momentum could see WIF price retest the $3.050 resistance level; thus, if the bears gain momentum, it could retest the $2.10 support trend lines this month.”

#WIF #memecoins