The cryptocurrency market broke the downtrend caused by Bitcoin falling as low as $56,600. As the price begins to recover meme coin Mobility in the market also increased.
dogwifhat (WIF) Price Analysis
dogwifhatis one of the assets gaining momentum with the improvement in the market. Despite the pressure from the bears, the bulls maintained significant dominance. As a result, Meme coin price rises regardless of the market. Therefore, testing the important resistance at $3.3, WIF price is likely to sustain a healthy rise towards $3.8. This could be the leading move to reach $4.3.
FLOKI Meme Coin Price Analysis
After rising over 800% as the consolidation period ended, FLOKI meme coin price was trading within a parallel descending channel. The recovery, which started at low levels, received great support from the bulls as a good breakthrough beyond the resistance. This will pave the way for FLOKI price to rise above $0.0002 in the next few days.
Dogecoin (DOGE) Price Analysis
dogecoin The price continues to maintain local support at $0.12 during times of extreme bearishness. As a result, the price is trading within a widening ascending channel. Before reaching lower support, the token triggered a bullish recovery. This move allowed the price to rise towards the upper resistance zone between $0.169 and $0.1845. Indeed, once it happens, the price has the potential to ride a healthy rise to reach $0.2.
PEPE Price Analysis
PEPE The price started its 2024 mini bull run by triggering an 850% jump in the first few days of March. The token further consolidated within a descending parallel channel that was broken during the recent recovery. PEPE price has broken above the upper resistance of the channel, indicating the revival of a new bullish spell. It is believed that the price will continue a healthy rise that could see the token rise above $0.0001 in the coming days.
