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<p>Meme cryptocurrencies have continued to make headlines with their unique branding and meme-inspired themes. However, as with any investment, staying updated about market trends is important. In this article, we’ll delve into the price predictions for two prominent meme coins, FLOKI and PEPE, and explore where these digital assets might be headed.</p>
<h2 class="wp-block-heading" id="floki-lags-behind">FLOKI Lags Behind</h2>
<p>Based on price action analysis, <a href="https://coinmarketcap.com/currencies/floki-inu/" target="_blank" rel="noopener noreferrer nofollow">FLOKI meme coin </a>could be in for more price declines following its new all-time high just eight days ago. The coin’s price has since dropped by 40%.</p>
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    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
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<p>One of the major bearish signals is that the price has successfully broken and retested the trendline that had been serving as support since mid-May. With this development, we expect the price to continue its downward trajectory, potentially reaching the next major support level around $0.000138, which would still represent more than a 30% fall from the current price level.</p>
<p>However, it’s worth noting that news activity or a general shift in market sentiment could quickly reverse this trend.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="466" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-502-1024x466.png" alt="" class="wp-image-508408" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-502-1024x466.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-502-300x136.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-502-768x349.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-502-1536x698.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-502-2048x931.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-502-330x150.png 330w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-502-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-502-770x350.png 770w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-502-788x358.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><strong>Technical Indicators Paint a Bearish Picture for FLOKI Price </strong></p>
<p>The relative strength index (RSI) for FLOKI reveals that sellers are in control, with a reading of 40. Additionally, the RSI suggests that there is a chance for further price drops since the price is not yet in an oversold zone.</p>
<p>Moreover, the Moving Average Convergence and Divergence (MACD) indicator’s histogram is starting to form bearish signals with longer bearish volumes on a daily basis, further reinforcing the negative sentiment surrounding FLOKI.</p>
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/why-is-livepeers-crypto-price-pumping-lpt-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Why Is Livepeer’s Crypto Price Pumping? LPT Price Prediction</a></em></strong></p>
<h2 class="wp-block-heading" id="pepe-slow-but-steady">PEPE Slow but Steady</h2>
<p>In contrast to FLOKI’s recent struggles, the <a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="noopener noreferrer nofollow">price of PEPE</a> has experienced a more gradual decline, plunging by more than 25% over the past three weeks in what appears to be a correction after an upward move.</p>
<p>However, the overall chart pattern remains bullish, forming higher lows and higher highs. The price has now reached the swing low of the ongoing correction where it could start gearing up to continue its rally.</p>
<p><strong>Potential for a Bullish Reversal </strong></p>
<p>In the coming days, we expect the price of the PEPE token to start rising and potentially drive towards its all-time high of around $0.0000172. It’s important to note, however, that a break below the current support level at $0.0000114 would invalidate this bullish pattern.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="466" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-503-1024x466.png" alt="" class="wp-image-508416" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-503-1024x466.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-503-300x136.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-503-768x349.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-503-1536x698.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-503-2048x931.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-503-330x150.png 330w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-503-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-503-770x350.png 770w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-503-788x358.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>It is better to wait for confirmation before entering buy positions, as various indicators suggest caution is warranted. The Relative Strength Index for PEPE is currently reading 47, indicating a somewhat neutral stance, and the direction could still be bullish or bearish depending on other factors.</p>
<p>Additionally, the MACD indicator’s signal line is currently above the MACD line, with both lines facing downward, showing the ongoing bearish sentiment.</p>
<h2 class="wp-block-heading" id="strong-conduct-your-own-research-strong"><strong>Conduct Your Own Research </strong></h2>
<p>While <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coins have captivated the cryptocurrency community with their unique appeal, it’s crucial to remember that various factors affect the market beyond just price action. Investors should conduct their own research and consider a combination of on-chain analysis, fundamental factors, and price movements before making investment decisions.</p>
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<p>The post <a href="https://captainaltcoin.com/meme-coin-price-predictions-floki-lags-pepe-slows-where-are-we-headed/" rel="noopener noreferrer nofollow">Meme Coin Price Predictions: FLOKI Lags, PEPE Slows – Where Are We Headed?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Meme Coin Price Predictions: FLOKI Lags, PEPE Slows – Where Are We Headed?

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