The post Meme Coins Price Analysis: Upcycles For DOGE, PEPE, SHIB? appeared first on Coinpedia Fintech News
With a broader market slowdown, the meme coins are struggling to pull off any major recovery moves. As any signs of recovery in the market face a quick rise in supply due to profit booking, a healthy correction might now be carcinogenically bearish.
Let’s look at the price analysis of top meme coins for a more decisive analysis. And, find out if the meme coins will register a jump this week.
Breakdown Looms Over The #1 Meme Coin
Under a market-wide slowdown, the biggest meme coin, DOGE price, is experiencing a regular supply rise. This leads to a resistance trendline and a strong secondary bearish wave within a falling channel.
Tradingview
As the sellers examine the bullish dominance at the critical support zone at $0.1430, the breakdown chances are growing stronger. However, an optimistic eye hopes for a bullish reversal with a double bottom as the 4H RSI
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