DOGE, SHIB, WIF, PEPE: Meme Coins Price Analysis...
DOGE slipped from the $0.15 support but the coin might soon be oversold, and a bounce could be next.
The 1.618 golden ratio suggested that SHIB could climb toward $0.000025.
WIF might trade sideways but PEPE looked set to collapse to $0.0000064.
In the last seven days, most meme coins registered significant declines except for Pepe ( #PEPEâ€ïž ) and Shiba Inu ( #SHÄ°B ). SHIB, which is now ranked 11th on the market cap standings, managed a 7.24% increase. For PEPE, its price rallied by 36.19%.
On the opposite side of the divide were dogwifhat (WIF) and Dogecoin (DOGE).
While WIFâs price dropped by 6.38%, DOGE tumbled by almost the same ratio at 6.99% within the last week. Hereâs an analysis of the factors that led to the performance, and an assessment of where the prices could go in the coming days.
#Dogecoin ( #DOGE )
At press time, DOGE changed hands at $0.14.
From the 4-hour chart, it was observed that bulls attempted to drive the coin past $0.16 on April 23 but a quick rejection at that point forced the price back.
As a result, DOGE lost hold of the $0.15 support. Furthermore, the Relative Strength Index (RSI) was down to 33.37, suggesting a solid bearish âŠ