dogwifhat

Bitcoin

FLOKI

Dogecoin

<p>The post <a href="https://coinpedia.org/price-analysis/memecoins-regains-strength-as-bitcoin-recovers-wif-floki-doge-pepe-price-soar/" rel="noopener noreferrer nofollow">Memecoins Regains Strength as Bitcoin Recovers: WIF, FLOKI, DOGE &amp; PEPE Price Soar&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The crypto markets are recovering from the recent loss caused by the drastic drop in the Bitcoin price from around $64,500 to as low as $56,600. This led to a massive drop in the spot market capitalization, which found lows of around $2.13 trillion. However, the latest recovery of the BTC price back above $63,000 has induced the required strength within the markets, along with the memecoins, which have been among the top performers since the early trading hours.&nbsp;</p>
<h2 class="wp-block-heading" id="h-dogwifhat-wif-price-analysis">dogwifhat (WIF) Price Analysis</h2>
<p>dogwifhat has gained immense attention since the start, as the price remained under bullish influence. Despite an ongoing brawl with the Bears, the Bulls have maintained significant dominance. As a result, the <a href="https://coinpedia.org/price-prediction/dogwifhat-wif-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">WIF price</a> has been surging for the past few days, regardless of the interim pullback faced by the major cryptos. Therefore, the WIF price, which is testing crucial resistance at $3.3, is expected to maintain a healthy upswing until $3.8, which may further pave the way to reaching $4.3.&nbsp;</p>
<h3 class="wp-block-heading" id="h-floki-floki-price-analysis">FLOKI (FLOKI) Price Analysis</h3>
<p>After breaking out of the consolidation and surging by over 800%, the FLOKI price was trading within a descending parallel channel. The recent rebound from the lows received immense support from the bulls as a fine breakthrough beyond the resistance occurring. A bullish start for the next day’s trade above the levels could certify a rise beyond the bearish well. This could pave the way for the FLOKI price to rise above $0.0002 in the next few days.</p>
<h3 class="wp-block-heading" id="h-dogecoin-doge-price-analysis">Dogecoin (DOGE) Price Analysis</h3>
<p>The <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin price</a> has been defending the local support at $0.12 in times of extreme bearish trend. The price has been trading within an expanding rising channel and before reaching the lower support, the token has triggered a bullish rebound. This move has made sure that the price could rise towards the upper resistance zone between $0.169 and $0.1845. Once done, the price may maintain a healthy upswing to reach $0.2.&nbsp;</p>
<h3 class="wp-block-heading" id="h-pepe-pepe-price-analysis">Pepe (PEPE) Price Analysis</h3>
<p>Pepe’s price began the 2024 minor bull run by triggering an 850% jump in the first few days of March. The token further consolidated within a descending parallel channel, which was broken during the recent rebound. The <a href="https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">PEPE price</a> has pierced above the upper resistance of the channel, suggesting the revival of a fresh bullish spell. The price is believed to maintain a healthy upswing, which may enable the token to rise above $0.0001 in the coming days.</p>

Memecoins Regains Strength as Bitcoin Recovers: WIF, FLOKI, DOGE & PEPE Price Soar

Table of Contents

CoinPedia News

Other articles published on May 4, 2024

Expert Predicts Cardano Set for Parabolic Surge Following Price Drop

Bitcoin (BTC) Price Peak Yet to Come, Asserts Fundstrat’s Tom Lee: A Deep Dive into Crypto Predic...

Whales Dive In: Massive Accumulation of These 5 Altcoins Including Coin Name and Symbol on Binanc...

Unprecedented Plunge: Friend.tech’s Token (FT) Collapses by 98% Following Airdrop Failure

Weekend Market Watch – Altcoins soar as Bitcoin recovers above $64K

Is the lack of liquidity in Bitcoin futures threatening price stability?

Join our free newsletter for daily crypto updates!