Is Meme Coin Mania Back: BONK, SHIB, PEPE, DOGE Prices Surge

• BONK was overbought, suggesting that the price could retrace below $0.000020.
• The AO on the SHIB chart indicated an upward momentum while predicting a rise to $0.000032.
• PEPE’s price might experience a decline but DOGE’s extension to $0.24 could be valid.

After facing an extended drawdown season, meme coins seem to be back and better as prices jumped in the last 24 hours. According to CoinMarketCap, Bonk (BONK) skyrocketed by an incredible 39.99% within the last day.

This upswing places its price at $0.000021. Shiba Inu (SHIB) followed with a 17.50% and hit $0.000027 as Coin Edition initially predicted. Pepe’s (PEPE) rose by 19.72% while Dogecoin (DOGE) had a minimal increase of 5.17%.

Bonk (BONK)

BONK broke out of its consolidation phase after trading around the same region since April 13, Meanwhile, the Bollinger Bands (BB) showed increasing volatility around the token. With the widening bands, BONK is expected to undergo significant price fluctuations.

However, the upper band of the BB had touched the token at $0.000021, indicating that it was overbought. This was also reinforced by th…

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