Shiba

Flow

Dogecoin

April

Shiba Inu

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/surge-in-meme-coins-attracts-investors-in-crypto-market/" data-wpel-link="internal">Surge in Meme Coins Attracts Investors in Crypto Market</a><br></p>
<p class="p1" style="text-align: justify">In the rising momentum of the crypto market, the memecoin sector, led by <strong><a href="https://coin-turk.com/analist-son-dususler-dip-noktasiydi-artis-baslayabilir" data-wpel-link="internal">Bitcoin</a></strong>, is witnessing intense interest from investors. The hype that started in the Solana ecosystem has managed to appeal to all segments of the crypto space. So, what’s happening on the fronts of <a href="https://en.coin-turk.com/understanding-the-real-reason-behind-bitcoins-price-movements-and-shiba-coins-current-status/" data-wpel-link="internal">Shiba</a> Inu, WIF, and <a href="https://coin-turk.com/dogecoinden-onemli-atak-doge-bu-kripto-para-birimini-gecti" data-wpel-link="internal">Dogecoin</a> during this period? Let’s take a look together.</p> 
<h2 class="p1" style="text-align: justify" id="shiba-inu-chart-analysis">Shiba Inu Chart Analysis</h2> 
<p class="p1" style="text-align: justify">The popular memecoin project of recent times, <strong>SHIB,</strong> appears to be gaining strength as indicated by the RSI. At the time of writing, the RSI was at 53.98, suggesting that SHIB buyers might be well-positioned to trigger a significant rise.</p> 
<p class="p1" style="text-align: justify">If this is the case, SHIB could lead the memecoin frenzy that the market experienced a few weeks ago. The chart analysis also includes a Fibonacci analysis showing how SHIB could rise towards the $0.000046 level. Despite the bullish outlook, investors should remain cautious.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-332575 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/shib-1.png" alt="" width="1054" height="691"></p> 
<h2 class="p1" style="text-align: justify" id="wif-chart-analysis">WIF Chart Analysis</h2> 
<p class="p1" style="text-align: justify">At the time of writing, <strong>WIF</strong> had fallen by 58.35% from its all-time high. This decline may be related to selling pressure as early WIF market participants reserve their profits. The Money Flow Index (MFI) level below 20 indicates that WIF had previously been oversold.</p> 
<p class="p1" style="text-align: justify">However, a recovery to 32.83 could signal that investors are buying at the dip. If this buying pressure increases, WIF could revisit the $2.60 mark within a few days. Yet, the On-Balance Volume (OBV) indicates that the rise thesis could be invalidated due to a halt in buying. In the short term, WIF could see a bearish outlook if it fails to hold at $2.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-332574 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/wif-3.png" alt="" width="1054" height="691"></p> 
<h2 class="p1" style="text-align: justify" id="dogecoin-chart-analysis">Dogecoin Chart Analysis</h2> 
<p class="p1" style="text-align: justify">The four-hour chart shows how <a href="https://en.coin-turk.com/dogecoins-rise-three-reasons-for-its-recent-performance/" data-wpel-link="internal">DOGE</a>‘s price created a golden cross at $0.14 as the EMA 9 crossed above the EMA 20. Such a move could be bullish for DOGE. At the time of writing, <a href="https://en.coin-turk.com/bitcoin-retraces-after-peak-dogecoin-remains-strong/" data-wpel-link="internal">Dogecoin</a> was the highest gainer among the top 10 crypto projects over the last seven days, with a 24.28% increase.</p> 
<p class="p1" style="text-align: justify">With this trend, the DOGE price might be set for another rise. Apart from the technical outlook, Coinbase’s listing of the memecoin in the futures market on April 1st could start a positive phase for DOGE. In this case, the price could climb to $0.19, and beyond that, the Dogecoin community’s special day, Doge Day on April 20th, is approaching. A rise for DOGE could be on the cards before this event.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-332573 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/doge-1.png" alt="" width="1054" height="691"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/surge-in-meme-coins-attracts-investors-in-crypto-market/" data-wpel-link="internal">Surge in Meme Coins Attracts Investors in Crypto Market</a></h5>

Surge in Meme Coins Attracts Investors in Crypto Market

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