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Cryptocurrency News Video
Crypto Voice News | Dogecoin and Shiba Inu, the Two Best Meme Coins Are Preparing for a Release!
Feb 09, 2024 at 01:20 pm Kripto Sesli Haber
Dogecoin (DOGE) and Shiba Inu (SHIB), Two of the Top Meme Coins Are Preparing for a Debut!
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As altcoins prepare for a bull run this February, the total cryptocurrency market cap, excluding Bitcoin, reached $783 billion.
Click the link https://bit.ly/3SQlb9v to read the original text on Coinpedia.org
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Signaling a 7.5% growth in the last two weeks, altcoins share a common sentiment with price movements related to bullish events across multiple cryptocurrencies. As investor confidence grows, the highly volatile meme coin space is poised to take off. Let's take a closer look at the two biggest meme coins in the crypto market.
Will Meme Coin DOGE Price Reach $0.10?
With continued support from the 200D EMA, the DOGE price trend is poised to break through the overhead resistance trend line. Having finally completed its retracement phase, meme coin is eyeing a bull run to reclaim the $0.10 mark.
Currently, memecoin is trading at $0.0805 following a 1.65% rise overnight to form a bullish engulfing candle. With this increase in buying pressure, the altcoin is preparing for a breakout. Additionally, a rising bullish divergence on the RSI line supports the possibility of a bounce in Dogecoin prices.
Can SHIB Price Maintain the Momentum to Reach $0.000012?
SHIB price trend breaking above the falling wedge indicates a successful retest of the broken trend line. With a 2.26% increase overnight and a 1.77% intraday growth, meme coin is creating a second consecutive green candle. Thus, the return after the retest is gaining momentum.
Therefore, the Shiba Inu price trend is ready for an upward spiral and a break of the 50D EMA will signal an entry point for sideways traders. Optimistically, the altcoin could reach $0.000012 this month.
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Disclaimer, The information provided in this video is not investment advice.
financial advice is not trading advice, it is for informational purposes only,
You should not consider any of the video content as investment advice.
Please seek advice from your financial advisor before making any investment decisions.
#kriptoseslihaber
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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