Can BONK, PEPE, DOGE, and SHIB Prices Continue to Increase?
Release: 2024/05/14 21:49 Reading: 420
BONK was not overbought, signaling that the price of the token could hit $0.00002852.
PEPE might retrace but DOGE might be set to hit $0.17 soon.
The bullish momentum displayed on the SHIB’s 4-hour chart suggested a rise to $0.000025.
At a time when most cryptocurrencies are consolidating, meme coins are proving that this market condition is a supercycle for them. This was evident from the prices shown on CoinMarketCap.
According to the price tracking platform, Bonk’s (BONK) price increased by 6.22% in the last 24 hours. Pepe (PEPE) jumped by an incredible 20.45%. Dogecoin (DOGE) rallied by 6.86% while Shiba Inu’s (SHIB) price increased by 6.96%.
This rebound suggested that many other categories might not be able to outperform the meme section by the end of the bull market. But what are the price expectations going forward?
Bonk (BONK)
BONK’s attempt to key into the $0.00002668 resistance has been rejected as shown on the 4-hour chart. At press time, the price of the token was $0.00002405. However, bulls have kept a defense of the $0.00002196 support, ensuring that the price does not go below the region.
Furthermore, the Relative Strength…
The post Can BONK, PEPE, DOGE, and SHIB Prices Continue to Increase? appeared first on Coin Edition.
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