DOGE, SHIB, WIF, PEPE: Meme Coins Price Analysis

DOGE, SHIB, WIF, PEPE: Meme Coins Price Analysis

DOGE slipped below the $0.15 support level, but it may soon reach an oversold position, potentially triggering a rebound.

SHIB's 1.618 golden ratio indicates a possible climb towards $0.000025.

WIF may continue to trade sideways, while PEPE appears poised to decline to $0.0000064.

Recent Market Performance

Over the past week, most meme coins experienced notable declines, with the exceptions of PEPE and SHIB. SHIB, now ranked 11th in market capitalization, rose by 7.24%. PEPE surged by 36.19%.

Conversely, WIF and DOGE faced losses. WIF dropped by 6.38%, while DOGE fell by 6.99% in the same period.

Analysis and Future Price Projections

Dogecoin (DOGE)

At the time of writing, DOGE traded at $0.14. The 4-hour chart indicates that bulls attempted to push the coin above $0.16 on April 23, but faced resistance, causing a decline.

Consequently, DOGE lost support at $0.15. The Relative Strength Index (RSI) has dropped to 33.37, suggesting bearish sentiment...