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🔥🚀🚀Meme Coin Price Analysis: Is the big rise imminent for DOGE, PEPE and SHIB? With Bitcoin struggling to find bullish momentum nearly a week after its price halved, meme coins present a better opportunity. With a bullish rally on the move and others offering trend reversals, smart investors are hoping for a bullish in 2024. Meme Money Aims to Break the Triangle with a significant market capitalization of $21.61 billion, Dogecoin is the leading memecoin and the 8th largest by Sunday size. it continues to be an altcoin. DOGE, which is currently trading at $ 0.1501, has experienced a significant decline of 0.22% from its monthly high of $31.83. However, the increased interest of institutional investors in meme coins could potentially lead to a strong recovery for #Dogecoin If the positive cycle gains momentum, an optimistic breakout rally can return the DOGE to the important $0.20 mark, indicating a strong upward movement. Shiba Inu (#SHIB ) Ranked as the second largest meme coin after the Doge, the SHIB price trend exhibits a triangular pattern on the 4H chart. With a positive cycle struggling for a breakout, Shiba Inu prepares a double-dip reversal at the 61.80% Fibonacci level. Also, the MACD indicator is on the verge of bullish transition, increasing the probability of a break. Even emerging market sentiment is predicting a potential reversal in SHIB prices. In the event of a bullish burst, the SHIB price may reach the $ 0.00004382 mark. #pepe (PEPE) Despite a broader Sunday weakness, this frog-themed meme coin is likely to have a bull run with this breakout rally. With a market capitalization of $ 3.18 Billion, PEPE is in the top 50 altcoins. The recovery rally in PEPE, which is trading at $0.000007550 and had a 7.31% jump overnight, is giving way to a channel breakout rally. Since the breast coin forms a double peak at the 50% Fibonacci level, the sides are waiting for the reversal after the retest. Optimistically, the breakout rally could reclaim the psychological mark of $0.000010. #Memecoins

🔥🚀🚀Meme Coin Price Analysis: Is the big rise imminent for DOGE, PEPE and SHIB?

With Bitcoin struggling to find bullish momentum nearly a week after its price halved, meme coins present a better opportunity. With a bullish rally on the move and others offering trend reversals, smart investors are hoping for a bullish in 2024.

Meme Money Aims to Break the Triangle

with a significant market capitalization of $21.61 billion, Dogecoin is the leading memecoin and the 8th largest by Sunday size. it continues to be an altcoin. DOGE, which is currently trading at $ 0.1501, has experienced a significant decline of 0.22% from its monthly high of $31.83.

However, the increased interest of institutional investors in meme coins could potentially lead to a strong recovery for #Dogecoin If the positive cycle gains momentum, an optimistic breakout rally can return the DOGE to the important $0.20 mark, indicating a strong upward movement.

Shiba Inu (#SHIB )

Ranked as the second largest meme coin after the Doge, the SHIB price trend exhibits a triangular pattern on the 4H chart. With a positive cycle struggling for a breakout, Shiba Inu prepares a double-dip reversal at the 61.80% Fibonacci level.

Also, the MACD indicator is on the verge of bullish transition, increasing the probability of a break. Even emerging market sentiment is predicting a potential reversal in SHIB prices.

In the event of a bullish burst, the SHIB price may reach the $ 0.00004382 mark.

#pepe (PEPE)

Despite a broader Sunday weakness, this frog-themed meme coin is likely to have a bull run with this breakout rally. With a market capitalization of $ 3.18 Billion, PEPE is in the top 50 altcoins. The recovery rally in PEPE, which is trading at $0.000007550 and had a 7.31% jump overnight, is giving way to a channel breakout rally.

Since the breast coin forms a double peak at the 50% Fibonacci level, the sides are waiting for the reversal after the retest. Optimistically, the breakout rally could reclaim the psychological mark of $0.000010.

#Memecoins

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😱🐸PEPE managed to attract attention with a 20% price increase in 24 hours #PEPE has risen by 20.5% in the last 24 hours and is trading at $0.00000740 at the time of writing. The asset's market capitalization increased to $ 2.92 billion, making it the 35th. he made it into the largest digital currency. Moreover, the daily trading volume of meme coin reached $ 1.14 billion, an increase of 24%. Inspired by the popular Pepe the Frog meme of the 2000s, the Pepe token was created in April 2023. The asset has recorded a rise of 12,200% since its inception, reaching an all-time high of $0.0000107 on March 14, bringing its market capitalization to $4.2 billion. It is important to note that Pepe is currently the third largest meme coin after Dogecoin (DOGE) and Shiba Inu (SHIB). According to the data provided by Centiment, the PEPE currency inflow has decreased from 5.57 trillion tokens to 5.47 trillion tokens in the last 24 hours. However, the stock market output recorded a small increase and is hovering at 6 trillion pepe. This market behavior suggests that investors are slightly hoarding the meme token instead of selling it for short-term profit. Data from the market intelligence platform shows that the number of daily active addresses of Pepe has increased consistently over the past three days - from 2,670 on April 29 to 3,249 unique wallets at the time of reporting. When the price rises along with the number of active addresses, lower price volatility is usually expected due to the lower chance of whale manipulation. On the other hand, PEPE showed signs of overheating, with the Relative Strength Index (RSI) rising from 64 to 72 percent. At this point, the RSI indicator indicates that pepe is moderately overvalued and high price volatility is generally expected under these market conditions. an RSI below the 50 mark could potentially suggest further price increases for PEPE. #PEPEUSDT #Memecoins #binance
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😱🔥DOGE Price Analysis: Top Analyst Predicts Explosive Rise in Dogecoin Based on Historical Pattern! Despite these market movements, leading crypto analyst Ali Martinez remains bullish about the outlook for certain assets, including Dogecoin. Martinez's analysis points to the breaking of a descending pattern on #Dogecoin 's chart, which indicates the potential for a bull run approaching soon. Analyst Bullish Outlook On Dogecoin Ali Martinez recently tweeted a compelling observation based on historical data, noting that Dogecoin's current price correction is closely aligned with previous examples that have historically been preceded by significant fluctuations in value. #DOGE experienced a breakout from the descending triangle pattern in 2017, followed by a remarkable retreat of 40%. This correction was the precursor to an astonishing 982% bull run and demonstrated the coin's significant growth capacity following periods of consolidation. Similarly, during the crypto boom in 2021, Dogecoin once again broke out of a descending triangle and retreated 56% before making an extraordinary rise of 12,197%. This extraordinary increase has attracted global attention and solidified Dogecoin's position as a unique player in the digital asset environment. Decreasing Pattern Breakage fast forward to 2024 and Dogecoin finds itself in a familiar position, breaking out of yet another descending triangle formation. Currently, the cryptocurrency is undergoing a remarkable 47% price correction, a figure similar to previous cycles that have historically been preceded by significant upward movements. The sentiment among Dogecoin advocates remains optimistic, and many Decipher these patterns as the beginning of future growth potential. Dogecoin Price Analysis Dogecoin is currently trading at $0.126189, reflecting a 3.43% drop in price over the past 24 hours. Despite this decline, the trading volume increased by an impressive 49.83%, and Dogecoin's market capitalization reached $ 18 billion. #Memecoins #binance
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😱🔥These 5 altcoins winked at the bulls: They are rising despite BTC! With Bitcoin (BTC) hovering in the 57 thousand dollar band, which of the altcoins that signaled a recovery came to the fore the most? 1- #Axelar (AXL) Axelar (AXL), which was shown as one of the potentials projects of 2024, has risen by 8 percent in the last 24 hours and sat at the first place of the list. He was shaken by the fall of BTC. However, AXL, who stepped on the gas later, drew a positive outlook in the short term. AXL investors are eagerly following the price movements after this. 2- Optimism (#OP ) The popular name of the layer-2 altcoins, Optimism (OP), showed an upward trend and gave hope both in terms of trend and parity. OP, which recorded a 6 percent increase in the last 24 hours, was included in the list from the second place. The popular altcoin may exhibit even more volatile movements if it stays above $2.50. 3- #Polkadot (DOT) Polkadot (DOT), which has remained in the background compared to other altcoins, has finally signaled an increase. DOT, which has experienced a 5 percent increase in the last 24 hours, has become the owner of the third place on the list. It seems that DOT investors will act according to the news that may come from the ecosystem. 4- dogwifhat (#WIF ) Dogwifhat (WIF), the popular memecoin of the Solana ecosystem, has risen by 4 percent in the last 24 hours and has taken the fourth place on the list. If the Memecoin craze continues, expectations from WIF may increase. #binance
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😱🚀🚀Shiba Inu Instantly Rises 360% to $0.003421 in Japan as Binance Lists SHIB/JPY It was emphasized that the newly listed SHIB/JPY pair is eligible for the ongoing free campaign in trading transactions. As a result, no fees will be charged to the constructors and buyers during the campaign period. Accordingly, #Binance Japan has urged #ShibaInu enthusiasts to take advantage of the new opportunity to participate in spot trading. Other JPY trading pairs recently listed on Binance Japan include Solana, XRP and Cardano pairs Dec. The Shiba Inu Army Reacted KURO, a well-known Shiba Inu community member based in Japan, first drew attention to Binance Japan's new listing move. The update has generated significant interest in the community. In a post published after the listing, Kuro presented a screenshot showing the increased trading activity around the SHIB/JPY pair. The post showed that the price of SHIB instantly reached 0.016666 against the Japanese yen. Shiba Inu Increased by 361% After Listing In dollar value, JPY 0.016666 represents $0.00011 compared to Shiba Inu's current market capitalization of $0.00002231. The price point of JPY 0.016666 represents an explosive gain of 361.92% from the opening trading price of JPY 0.003608. Interestingly, this increase occurred less than an hour after the SHIB/JPY listing. In particular, the SHIB/JPY price was fixed at 0.003741 JPY at the time of the screenshot. In addition, the statement said that Japanese Shiba Inu enthusiasts have traded 106.39 million SHIB worth 421,078 JPY. Also, Kuro expressed his belief that 0.016666 ($0.00011) will soon be the base price of the SHIB instead of a problematic ceiling. He stated that this price point will be realized after the Shiba Inu development team successfully incorporates the global partners they have been following. #Memecoins #SHIB
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🔥🚨#Fed Chairman Powell said the latest inflation data was "in line with what they wanted" and reflected positively on Bitcoin The price of Bitcoin rose above $ 58,000 on Wednesday after the US Federal Reserve kept interest rates at their current levels on Wednesday. The Federal Open Market Committee did what the majority of analysts had predicted and kept the benchmark federal funds rate between its current Decile of 5.25% and 5.50%. "To support its objectives, the Committee decided to keep the federal funds rate Decembers in the range of 5.25% to 5.50%," the central bank said in a statement. Regarding the possibility of a rate cut, the central bank said, "The committee does not expect that it will be appropriate to reduce the December until we gain more confidence that inflation is moving towards 2% on a sustainable basis." Slower rate of decline of securities "In addition, the Committee will continue to reduce its holdings of Treasury securities and agency debt and agency mortgage-backed securities. Starting in June, the Committee will reduce the monthly redemption limit on Treasury securities from $60 billion to $ 25 billion, slowing the pace of decline of securities holdings, "the statement said. The statement said it would keep the monthly redemption limit on agency debt and agency mortgage-backed securities at $35 billion and reinvest principal payouts exceeding that limit in Treasury securities. Increase in Bitcoin short liquidations Bitcoin is standing precariously around $58,000 with a sudden increase in BTC short liquidations observed in the last hour. The shorts bore the brunt of the recent liquidations with $6 million out of $6.8 million liquidated in the last hour. #BTC‬ #fomc #JeromePowell
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