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Cryptocurrency News Articles

Meme Coin Season Is Here: SHIB, DOGE, PEPE, BONK, and WIF Poised for Growth as Altcoin Season Approaches

Nov 11, 2024 at 04:16 am

Following a major political victory, attention shifts to the surge of meme-based cryptocurrencies. Dogecoin and similar coins are experiencing renewed interest from investors. This unexpected trend raises questions about upcoming market movements. Is now the ideal time to explore the potential of these digital assets?

Meme Coin Season Is Here: SHIB, DOGE, PEPE, BONK, and WIF Poised for Growth as Altcoin Season Approaches

Following a major political victory, attention shifts to the surge of meme-based cryptocurrencies. Dogecoin and similar coins are experiencing renewed interest from investors. This unexpected trend raises questions about upcoming market movements. Is now the ideal time to explore the potential of these digital assets?

DOGEN’s Got a Little Something Special for Its Hardcore Believers: An Airdrop!

Shiba Inu (SHIB) has posted steady gains, up 3.05% this week and 8.66% over the past month. Trading between $0.00001544 and $0.00001908, SHIB is near its 10-day simple moving average of $0.00001875 and just above the 100-day SMA of $0.00001788, indicating a potential bullish trend. The RSI stands at 54.07, suggesting the coin is neither overbought nor oversold, leaving room for upward movement. Breaking above the nearest resistance at $0.00002127 could see SHIB targeting the next level at $0.00002491, a potential increase of over 20%. With altcoin season on the horizon, SHIB may be poised for significant growth.

Dogecoin’s Price Momentum Signals Potential Surge Ahead

Dogecoin's price has been showing promising movement, staying between $0.1349 and $0.1738 recently. In the past week, it increased by 15.54%, and over the last month, it jumped by 78.88%. The Relative Strength Index is at 53.65, suggesting there’s room for growth before hitting overbought levels. If the price breaks the nearest resistance at $0.1962, it could aim for the next target at $0.2351, marking a significant rise. Strong support levels at $0.1184 and $0.0795 provide a safety net against drops. With these positive indicators, Dogecoin may be gearing up for substantial growth in the coming days.

Pepe (PEPE) Gains Momentum: Potential Breakout Ahead

Pepe (PEPE) is showing promising signs of growth. It has seen weekly and monthly Relative Strength (RSI) increases of over 7%. The current price is nearing its nearest resistance level. If it breaks above this, PEPE could target higher levels. Technical indicators like the MACD and Stochastic support a potential upward move. With altcoin season on the horizon, PEPE may be set for significant gains, potentially rising substantially if it breaks through key resistance levels.

Bonk (BONK) Set to Surge as Altcoin Season Approaches

Bonk (BONK) is showing promising signs as it trades between $0.00001582 and $0.00002145. The recent 1-week price increase of 6.30% indicates growing momentum. If it breaks the nearest resistance level at $0.00002490, we could see a rally towards the second resistance at $0.00003053, representing potential gains of over 40% from current levels. The RSI at 55.46 suggests the token is not overbought, leaving room for upward movement. With the approaching altcoin season and a global crypto bull run on the horizon, Bonk has the potential to ride the wave and deliver substantial returns.

Dogwifhat (WIF) Poised for Breakout Amid Altcoin Season Hype

Dogwifhat (WIF) is showing signs of a potential upswing. Despite a recent dip of -7.56% over the past week and -5.61% over the past month, the current price hovering between $1.79 and $2.53 is approaching the nearest resistance level at $2.98. The RSI at 56.21 and a MACD level of 0.007 suggest bullish momentum. The 10-day SMA at $2.34 is above the 100-day SMA of $2.18, indicating a short-term upward trend. If WIF breaks past the $2.98 resistance, it could target the next level at $3.71, representing a potential gain of over 40% from current prices. With altcoin season on the horizon, WIF may be ready to soar.

Conclusion

While SHIB, DOGE, PEPE, and BONK show less short-term potential, DOGEN stands out. Designed for those seeking luxury and success, it promises high growth, with 700% expected by presale end and potential for thousand-fold returns. Following successful tokens like BONK,

News source:blockzeit.com

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