Unveiling the Under $0.10 Crypto Gems: SHIB, HBAR, and BONK - Exploring Potential Investments for the Week Ahead
DOGECOIN(DOGE):
Despite Dogecoin (DOGE) falling below $0.10 after its recent milestone, it maintains bullish momentum. However, a sell signal on the weekly chart, coupled with resistance at historical levels, suggests a possible correction to $0.085 or $0.078. Analyst Ali Martinez notes that DOGE surpassing $0.11 would negate the bearish outlook.
SHIBA INU (SHIB) is currently in consolidation, testing a crucial resistance around $0.000011. This marks a potential opportunity for investors if SHIB successfully breaks through. Since September 2022, SHIB has traded within a descending parallel channel.
A confirmed weekly close above $0.000011 might signal a bullish breakout, propelling SHIB towards $0.000014. On the flip side, facing rejection at this level could trigger a pullback to $0.000008 before the anticipated bullish move, as highlighted in a post by Martinez on December 14.
HEDERA (HBAR) gains recognition for impactful blockchain collaborations, making it an attractive option for global cryptocurrency investors. Notably, the recent launch of the BankSocial Wallet 2.0 App, a Hedera-compatible self-custody solution, further enhances its appeal with integrated staking and KYC capabilities for seamless interaction with DeFi protocols.
Bonk (BONK) has shown remarkable strength, surging over 100% in the past 24 hours and becoming the top meme coin in the market. The impressive 116% increase in market capitalization is largely attributed to its recent listing on Coinbase. Within 12 hours, BONK climbed from the 69th to the 43rd position, as reported by Santiment on December 15.4 Cryptocurrency Under $0.10 To Buy Next Wensday
