Shiba

Bitcoin

Dogecoin

Shiba Inu

Coin

The post <a href="https://coinpedia.org/price-analysis/is-it-worth-buying-the-top-meme-og-coins-for-2x-surge/">Is It Worth Buying The Top Meme OG Coins For 2x Surge?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With the volatility growing in the top crypto like <a href="https://markets.coinpedia.org/bitcoin/">Bitcoin </a>and <a href="https://markets.coinpedia.org/ethereum/">Ethereum</a>, the top meme coins are comparatively under control. The top OG meme coins, Dogecoin and Shiba Inu form a price pattern showcasing contracting volatility, with the trend momentum coiling up.&nbsp; 
With the potential energy climbing up for DOGE and SHIB, the sideliners await a breakout. As the momentum coils up, the breakout rally shows immense potential for almost a 100% surge.&nbsp; 
With this consideration, the top OG meme coins present an offer of almost 2x surge this April. So, should you consider buying these amidst the ongoing sideways trend? 
<h2 class="wp-block-heading" id="h-will-the-top-og-meme-coin-hit-0-40">Will The Top OG Meme Coin Hit $0.40?</h2> 
With a rising channel in motion, the daily chart of Dogecoin showcases a positive trend. However, the top OG meme coin showcases a sideways trend, as it fluctuates near $0.177. 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/04/10125903/image-323-1024x509.png" alt="" class="wp-image-288920" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/10125903/image-323-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/10125903/image-323-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/10125903/image-323-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/10125903/image-323-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/10125903/image-323-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/04/10125903/image-323.png 1815w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<a href="https://www.tradingview.com/x/gcM1dDB1/">TradingView</a> 
Nevertheless, the DOGE price showcases a retest of the $0.1776 or the 50% Fibonacci level. Further, the Dogecoin price trades closer to the rising support trendline, in alignment with the 50D EMA, with a Doji in formation.&nbsp; 
Currently, the DOGE price trades at $0.1910 with an intraday growth of 1.22% and a lower price rejection. Hence, the chances of a bullish reversal are improving. As a result, the DOGE price shows the potential to reach the overhead trendline at $0.25. However, with the bull run in motion, the meme coin could present another breakout rally if the market conditions improve. In such a case, the uptrend could hit the $0.40 mark this month.&nbsp;&nbsp; 
Also Check Out : <a href="https://coinpedia.org/price-analysis/crypto-market-live-btc-price-drops-below-70000-while-ckb-and-tao-maintain-a-bullish-streek/">Crypto Market Live: BTC Price Drops Below $70,000, While CKB and TAO Maintain a Bullish Streek</a> 
<h2 class="wp-block-heading" id="h-will-shib-price-give-a-bullish-break">Will SHIB Price Give A Bullish Break?</h2> 
With the immense potential in the top OG meme coin, the second biggest Shiba Inu also offers a bullish entry opportunity.&nbsp; As the uptrend in the SHIB price trend loses momentum, a sideways consolidation takes place in the daily chart.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" width="1600" height="796" src="https://image.coinpedia.org/wp-content/uploads/2024/04/10125936/image-324.png" alt="" class="wp-image-288921" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/10125936/image-324.png 1600w, https://image.coinpedia.org/wp-content/uploads/2024/04/10125936/image-324-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/10125936/image-324-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/10125936/image-324-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/10125936/image-324-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/10125936/image-324-150x75.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure> 
<a href="https://www.tradingview.com/x/KCsFiL4d/">TradingView</a> 
With a contraction in volatility, the SHIB price action showcases a triangle pattern. In consideration of the prevailing uptrend, the altcoin projects a bullish pennant.&nbsp; 
With the baseline in resonance with the 50D EMA, the top meme coin is closer to a critical support level. Hence, with a strong bullish reversal possibility, the SHIB price prepares for a breakout rally.&nbsp; 
As per the trend-based Fibonacci levels, the top meme coin could hit the $0.00005134 mark.&nbsp; 
Read More : <a href="https://coinpedia.org/price-analysis/with-link-price-under-retest-upside-potential-rises-to-100/">With LINK Price Under Retest, Upside Potential Rises To 100%</a>

Is It Worth Buying The Top Meme OG Coins For 2x Surge?

Table of Contents

CoinPedia News

Другие статьи, опубликованные 10 апр. 2024 г.

SolGoat Price Prediction: SOLGOAT Soars 24% As This Dogecoin Derivative Presale Goes Parabolic Wi...

Nervos Network (CKB) Surges By Over 100% In 7 Days

EigenLayer and EigenDA Debut on Ethereum with a Big Splash

7 Altcoins with 100x Potential Opportunities Ahead of the Bitcoin Halving

Top 10 Low-Cap Cryptocurrencies Set to Skyrocket 20-100x in RWA, BRCfi, and AI Sectors

Crypto exchange founder charged with money laundering and fraud

Join our free newsletter for daily crypto updates!