Dogecoin and SHIB Lose Steam — Is PEPE the Only Meme Coin Still Showing Life?
The excitement once surrounding Dogecoin and SHIB seems to be fading fast. Meanwhile, another meme coin is catching eyes in the crypto world. Could PEPE be the next big player in this niche market? Dive into the world of meme coins and discover which tokens might rise above the rest.
Dogecoin Holds Steady with Promising Potential for Growth
Source: tradingview
Currently, Dogecoin is moving between twenty-three and twenty-seven cents. It's facing a resistance at twenty-nine cents and has support around twenty-one cents. Over the last month, the price increased by almost three percent, showing some upward momentum. In the past six months, it has surged by nearly fifty-six percent, signaling significant growth. The next resistance level is around thirty-three cents. If the price breaks through, Dogecoin could see a strong rise. With these levels in mind, Dogecoin's movement suggests a mixed but potentially promising path. The coin’s recent stable climb might attract more interest, growing it even more if it rallies past current barriers.
Shiba Inu Moves Steadily with Potential for Growth Ahead
Source: tradingview
The price of Shiba Inu (SHIB) is currently bouncing between $0.00001168 and $0.00001310, staying just below its 10-day and 100-day moving averages. It seems calm but resilient as it tests the waters. If SHIB can rise above the nearest barrier of $0.00001374, it could reach the next resistance of $0.00001516, which represents a double-digit percentage increase. The coin's position near its support level of $0.00001090 suggests a stable foundation, while a relative strength index below 50 indicates room for growth. This mix of steadiness and optimism keeps the traders hopeful for a potential upward swing.
Pepe Coin Bounces Back: Signs of Potential Growth on the Horizon
Source: tradingview
Pepe (PEPE) is seeing a price range between nine millionths and ten millionths of a dollar. After a recent dip, the current downward trend shows signs of stabilization, with the coin holding above its major support near eight millionths. The relative strength index suggests it's not oversold, hinting at possible room for growth. If momentum gathers, PEPE might aim for the nearest resistance just above eleven millionths, a potential rise of over 10%. With a 33% gain over the past six months, PEPE shows potential for further recovery. Keep an eye on resistance levels for clues on future movements.
Conclusion
Dogecoin (DOGE) and Shiba Inu (SHIB) are cooling off in the market. However, PEPE is still showing some activity. While DOGE and SHIB seem to be losing traction, PEPE’s performance remains notable. The trend suggests PEPE might currently be the most lively among these meme coins. This sets it apart from DOGE and SHIB, which are experiencing a downturn.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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