Which Memecoins Should You Trust Ahead of the Bull Run? Dogecoin, OFFICIAL TRUMP, or dogwifhat?
Memecoins’ market dynamics seem to have changed a lot while showing a dynamic price action. While some show huge rally like Trump, others like Wif remain calm and members like Dogecoin are trapped in a range, waiting for the right time to trigger a breakthrough. In an era when Bitcoin prices stay within a range, which member will attract huge gains? Official Trump (Trump) or Dogecoin (Doge) or Dogwifhat (Wif))?
Let’s analyze all of this!
Dogecoin (Doge) price analysis
Dogecoin survives multiple bearish and bearish markets. Therefore, it is the most important member, but has been closely combined and cannot resume a strong rise. Nevertheless, market participants continue to be bullish on Doge as prices are within the bullish range. Therefore, it is believed that the token will trigger a breakthrough after the U-shaped recovery.
Doge’s daily chart seems very optimistic, as the token has recovered from the local bottom. The gatherings accumulate strength every day, so the price maintains a slow and steady upward trend.
The DMI level is heading towards a bullish crossover, suggesting changes in the current trend, while the CMF is in a positive range, indicating that buyers are stronger than sellers. therefore, Dogecoin price Expect to get 0.5 fib at the price of $0.2932 and enter the resistor zone between $0.3 and $0.31. So if the price exceeds $0.4, the price is expected to violate the area to trigger a height rise, and if it exceeds 0.618 fib, it is $0.618.
Dogwifhat (WIF) price analysis
Since its inception, Dogwifhat’s price has shown significant strength and continues on top of key support. Meanwhile, these levels were broken a few days before a month, which triggered a drop of more than 45%, forming a low below $0.6. The token triggered a strong rebound, flipping lower highs and lows into higher climaxes, thus indicating a bullish force rising. Therefore, WIF prices are believed to maintain the upward trend of the merger and restore key areas.
The Wif price drops below the neckline with a double top pattern, and when it reaches the bottom, it rebounds very thinly. However, the rise above the bearish effect has not been verified, but the rise in quantity indicates an increase in trading activity. In addition, RSI also rebounded after entering the oversell zone for the first time, and Obv also flashed bullish signals for cryptocurrencies. Therefore, it is believed that WIF prices can maintain an upward trend in the merger and enter key support resistance between $1.051 and $1.11.
Official Trump (Trump) price analysis
After a huge establishment, Trump’s price failed to recover the losses incurred. Prices are constant lower highs and lows, regardless of the remaining average, which indicates that sellers are more active than buyers. Although the Bulls tried to raise the range above the bearish prison ban, their power was powerless, resulting in a rejection of monthly highs.
As shown in the above chart, there are fewer chances of bullish reversals due to good defense. Bearish bearish differences and bearish persistence as stochrsi suggests the price that continues to move. As a result, Trump’s price has just been turned down for $20 and is expected to be tested at $16.50 with lower support and stay within that range for more time than expected.
Dogecoin is slowly consolidating, but shows bullish breakout opportunities, while Trump has few rebound opportunities. Meanwhile, Dogwifhat’s price rallies continue to remain uncertain, with both bullish and bearish possibilities.