Home > Information news > Shiba Inu (SHIB) Still Got It? Can SHIB Make New ATHs This Cycle or Will Be Completely Outperformed By New Coins?

Shiba Inu (SHIB) Still Got It? Can SHIB Make New ATHs This Cycle or Will Be Completely Outperformed By New Coins?

Release: 2024/07/02 18:05 Reading: 697

Original author:TheBitTimes

Original source:https://coinmarketcap.com/community/articles/6683c17429107305df52c142

Shiba Inu (SHIB) Still Got It? Can SHIB Make New ATHs This Cycle or Will Be Completely Outperformed By New Coins?

A Bull Run and altcoin season are just around the corner. The overall market situation remains calm, with altcoins still at their lows and poised for a potential explosion. Shiba Inu (SHIB), once a sensation in the crypto world, is on everyone's radar. The big question lingers: Can SHIB reach new all-time highs this cycle, or will it be overshadowed by newer, emerging coins? Find out which coins are primed for a breakout and if SHIB will lead the charge or be left behind.

Shiba Inu (SHIB) Eyes Positive Momentum Amidst Recent Price Fluctuations

Shiba Inu (SHIB) is showing signs of potential upward movement despite some price volatility. Currently trading within the $0.0000163-$0.0000182 range, SHIB is positioned just below its nearest resistance of $0.0000192. With the RSI at a balanced 53.96 and a 10-day and 100-day moving average both at $0.0000171, the market sentiment is neutral but hopeful. If bulls manage to break past $0.0000192, SHIB could aim for the second resistance level of $0.0000211, representing a promising increase. Though it shed over 30% this month, it still boasts a 6-month gain of nearly 63%. This combination of metrics suggests SHIB might soon catch the bullish wave.

Dogwifhat (WIF) Surges: Bulls Set the Stage for More Gains

Dogwifhat (WIF) is moving between $1.70 and $2.47, showing a recent surge of 45% in just one week. With an RSI close to 60 and a MACD level rising, bulls seem in control. The market shows potential for growth; it could hit the next resistance at $2.75 soon. If momentum continues, we might see a climb to $3.52, which would mean an increase of around 40-50% from the current price range. Watch these trends closely, as WIF appears ready for more bullish action.

Pepe (PEPE) Shows Bullish Signs: Is a Surge on the Horizon?

Pepe (PEPE) is trading between $0.000010 and $0.000014. The current price movement suggests a tug-of-war between bulls and bears, with the Relative Strength Index around 50. Recently, it's seen a 6.26% increase within a week, despite a 24.79% drop over the past month. With strong support at $0.000008 and resistance at $0.000015, breaking through could push PEPE to the next resistance at $0.000019, marking a potential gain of 35% from the lower range. Given its impressive six-month surge of over 760%, PEPE has substantial growth potential if bullish momentum picks up.

Brett (Based) (BRETT) Eyes Big Gains as Bulls Dominate

BRETT is making waves with its current price between $0.13 and $0.18. The coin has shown a huge surge, climbing over 20% in just a week and an amazing 85% this month. Its six-month climb stands out at over 450%. The bulls are clearly taking charge, with the price nearing the significant resistance level of $0.20. If this barrier is broken, BRETT could soon target the next resistance at $0.24, which would be about a 33% increase from its current high. The strong RSI and MACD indicators back this optimistic forecast, hinting that this altcoin still has plenty of room to grow.

Conclusion

SHIB, WIF, PEPE, and BRETT may have less potential in the short term.

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