Shiba

Bitcoin

FLOKI

Dogecoin

Shiba Inu

<p>The post <a href="https://coinpedia.org/price-analysis/doge-shib-and-floki-price-analysis-why-should-you-buy-meme-coins-right-now/">DOGE, SHIB and FLOKI Price Analysis: Why Should You Buy Meme Coins Right Now?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Amidst the altcoin season, the Bitcoin price is taking a short nap and warns of a pullback as the momentum shifts towards the altcoins. However, the top meme coins known for their volatile, sharp, and long jumps are taking a slower approach this season.&nbsp;</p> 
<p>However, this moment brings one of the best opportunities to buy top meme coins before the actual bull run starts. With 8,776 blocks until Bitcoin halving, we are in the Pre-halving rally, and the bull run is expected to gain momentum as we step closer to the fourth halving event.&nbsp;</p> 
<p>Hence, with the potential for 10x jumps, let’s have a look at the Top Meme Coins, which are Dogecoin (DOGE), Shiba Inu (SHIB), and FLOKI (FLOKI).</p> 
<h2 class="wp-block-heading" id="top-meme-coins-to-buy-right-now">Top Meme Coins To Buy Right Now:</h2> 
<h3 class="wp-block-heading" id="dogecoin-doge">Dogecoin (DOGE)</h3> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="464" src="https://image.coinpedia.org/wp-content/uploads/2024/02/20130852/image-140-1024x464.png" alt="" class="wp-image-271372" srcset="https://image.coinpedia.org/wp-content/uploads/2024/02/20130852/image-140-1024x464.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130852/image-140-300x136.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130852/image-140-768x348.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130852/image-140-1536x696.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130852/image-140-150x68.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130852/image-140.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Source – <a href="https://www.tradingview.com/x/aFRfILdS/">TradingView</a></p> 
<p>Exciting out of a falling wedge pattern, the DOGE price trend is riding the wave of a breakout rally. Further, the recent spike from the 50-day EMA, Dogecoin, presents a trend reversal opportunity in the biggest meme coin.</p> 
<p>With the recent turnaround accounting for a 12% jump, the meme coin claims the $0.0887 mark, aligning with the 23.60% Fibonacci level. Further, the spike in trading volume supports the uptrend in motion.&nbsp;</p> 
<p>Currently, the DOGE price trades at $0.0883 with an intraday move of a 1.45% drop. Nevertheless, the trend-based Fibonacci extension projects a bullish target at $0.1411 in this “Pre-Halving phase.”</p> 
<h3 class="wp-block-heading" id="shiba-inu-shib">Shiba Inu (SHIB)</h3> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="464" src="https://image.coinpedia.org/wp-content/uploads/2024/02/20130912/image-142-1024x464.png" alt="" class="wp-image-271374" srcset="https://image.coinpedia.org/wp-content/uploads/2024/02/20130912/image-142-1024x464.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130912/image-142-300x136.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130912/image-142-768x348.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130912/image-142-1536x696.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130912/image-142-150x68.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130912/image-142.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Source – <a href="https://www.tradingview.com/x/3ljIXmAj/">Tradingview</a></p> 
<p>Being the second biggest meme coin per market cap, the SHIB price signals a positive sign with the wedge breakout. Reclaiming the 50-day EMA to avoid the downtrend continuation for a death cross, the meme coin is buzzing again.&nbsp;</p> 
<p>With the trading volumes resurfacing to the last recovery phase levels, the ongoing breakout run for Shiba Inu is offering one of the best buying spots. Shy from the $0.000010 psychological mark, the meme coin is ready to skyrocket from this milestone.&nbsp;</p> 
<p>With the 200-day EMA sustaining a positive trend, the SHIB price trend is officially in an uptrend. Optimistically, the Shiba Inu price jump can scale to $0.000015 as per the Fibonacci retracement levels.&nbsp;</p> 
<p>Currently, the Shiba Inu price trades at $0.00000983, with a lower price rejection candle presenting a potential jump in coming sessions.&nbsp;</p> 
<h3 class="wp-block-heading" id="h-floki-inu-floki"><strong>Floki Inu (FLOKI)</strong></h3> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="464" src="https://image.coinpedia.org/wp-content/uploads/2024/02/20130901/image-141-1024x464.png" alt="" class="wp-image-271373" srcset="https://image.coinpedia.org/wp-content/uploads/2024/02/20130901/image-141-1024x464.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130901/image-141-300x136.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130901/image-141-768x348.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130901/image-141-1536x696.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130901/image-141-150x68.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/02/20130901/image-141.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Source- <a href="https://www.tradingview.com/x/DO1LfHGm/">TradingView</a></p> 
<p>Presenting a high momentum bullish breakout trend, the FLOKI price performs better than the top meme coins. Surpassing the 50-day EMA, the Floki Inu price trend displays the trendline breakout as a triangle break with the 200-day EMA as the ascending boundary.&nbsp;</p> 
<p>Further, the breakout run retests the 61.80% Fibonacci level breakout successfully and challenges the 78.60% level at present. Currently, the FLOKI price trades at $0.000035833, bringing an intraday growth of 1.49%.&nbsp;</p> 
<p>As per the Fibonacci levels and the growing momentum, the FLOKI price is expected to outperform DOGE and SHIB this month. As the price action expects the breakout run to reach $0.000042.&nbsp;</p>

DOGE, SHIB and FLOKI Price Analysis: Why Should You Buy Meme Coins Right Now?

Indice dei contenuti

CoinPedia News

Altri articoli pubblicati su 20 feb 2024

Bitcoin: Will ETF interest push BTC to new highs?

Shiba Inu Faces Gargantuan 615 Trillion SHIB Barrier on Road to 200% Spike

Ethereum Gallops Toward $3,000; Investors Are Optimistic About Kaspa (KAS) and InQubeta’s (QUBE) ...

Galaxy Digital Expands Ethereum Investments Following Price Surge

Bitcoin holdings on Coinbase reach lowest level since 2015 as whales withdraw $1B BTC

Ethereum’s Dencun readies for mainnet launch; investors explore new AI coin

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!