Shiba Inu (#SHIB) Shows Bearish Signs but Growth Potential Remains Strong
Shiba Inu ($SHIB) is currently trading in the $0.0000156 to $0.00001871 range. Bears seem slightly stronger with its RSI at 33.11 and a MACD level of -0.00000047. However, the coin has shown a tremendous 82.58% rise over six months, hinting at bullish potential. If SHIB can break past the nearest resistance of $0.00001978, it might aim for the second resistance level at $0.00002284, offering growth of around 25%. The current price movement suggests a possible breakout if bulls regain momentum.
**Dogecoin Poised for a Bullish Breakout Despite Recent Dips**
$DOGE currently trades between $0.104 and $0.1228, showing mixed signals, but positive trends from 2021 suggest a bullish reversal might be near. Though it recently dropped, its 6-month change of nearly 50% highlights potential growth. With resistance at $0.1295 and support at $0.0919, breaking above $0.1483 could see #DOGE surge by over 20%. Indicators like the Relative Strength Index (RSI) at 34.59 suggest overselling, while a weekly rise of 8.66% adds optimism. Recent negative movement might be a bear trap, setting up Dogecoin for another strong run up.
**Pepe (PEPE) Looks Poised for a Restart as Bulls Eye Recovery**
$PEPE (#PEPE) is currently trading between $0.00000795 and $0.00001026. Despite recent downward pressure, bulls are gearing up for a comeback, with the nearest resistance at $0.00001131 in sight. The coin has shown a price change of over 22% in just one week, hinting at potential growth. If bullish momentum picks up, Pepe could possibly rise by 40-60% to test higher resistance levels at $0.00001362. The Relative Strength Index (RSI) is low at around 32, suggesting it might be oversold and primed for a bounce. Historical patterns give hope for strong upward movement in this altcoin season.
