- A surge past the overhead resistance could send SHIB toward $0.000042.
- FLOKI might climb by another 30% while BONK’s buy signal appeared at $0.000027.
- The EMA indicated a bullish trend for DOGE but WIF needs a positive CMF to validate its bullish thesis.
Over the last few weeks, meme coins have been running hard and outperforming almost every other sector of the crypto economy. While the bullish momentum had slowed down a little, it did not seem like the coins were done rising.
For instance, CoinMarketCap data showed that Shiba Inu’s (SHIB) price climbed by 5.33% in the last 24 hours. Floki (FLOKI) pumped by 30.19% while Bonk (BONK) recovered to hit $0.000031.
Others including Dogecoin (DOGE) and dogwifhat (WIF) saw their values rise by 6.35% and 9.94% within the same period. If the meme coins maintain this momentum, the prices might continue to climb. However, it is important to look at it from a technical angle
SHIB
On the 4-hour timeframe, bears had resisted the attempt to push SHIB’s price to $0.000035. However, bulls seemed to be banking on the $0.000032 support to ensure the attempt was successful.
Furthermore, the Bollinger Bands (BB…
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