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MainNewsSHIB, DOGE, ...

SHIB, DOGE, BONK, FLOKI: Price Analysis for May 25


May, 25, 2024
< 1 min read
by CoinEdition
SHIB, DOGE, BONK, FLOKI: Price Analysis for May 25
  • SHIB’s price might increase to $0.000026 while indicators suggest a possible DOGE rise to $0.18. 
  • BONK’s structure flashed a golden cross, indicating a possible rise to $0.00035.
  • FLOKI’s bullish thesis was invalidated, suggesting a decline to $0.00019.

According to CoinMarketCap, meme coins are experiencing a rebound after a brief downward period. Some of the cryptocurrencies involved in this recovery include Shiba Inu (SHIB) and Dogecoin (DOGE).

At press time, SHIB’s price had increased by 3.76% in the last 24 hours. DOGE, on the other hand, was up 4.95%. However, others like Bonk (BONK) and Floki Inu (FLOKI) were not left out as their respective prices also surged. But will the values continue to rise? Let’s find out.

SHIB Price Analysis

At press time, SHIB changed hands at $0.00002493. According to the 4-hour SHIB/USD chart, the On Balance Volume (OBV) has increased. An increase in the indicator suggests that buying pressure is at a high point.

Assuming the OBV were to fall, it would have suggested a rise in selling pressure. With the Relative Strength Index (RSI) crossing above the neutral area, SHIB could be set for a further hike. Sho…

The post SHIB, DOGE, BONK, FLOKI: Price Analysis for May 25 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana Hits Major Support At $141 Amid Bitcoin Drop, Analyst Says It’s Time To Buy

Solana Hits Major Support At $141 Amid Bitcoin Drop, Analyst Says It’s Time To Buy

Solana’s price action has been declining in the past 30 days, and the crypto recently...
Jun, 16, 2024
2 min read
by Bitcoinist
Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

The following is a guest post by Nischal Shetty, co-founder and President at Shardeum...
Jun, 16, 2024
4 min read
by CryptoSlate
MainNewsSHIB, DOGE, ...

SHIB, DOGE, BONK, FLOKI: Price Analysis for May 25


May, 25, 2024
< 1 min read
by CoinEdition
SHIB, DOGE, BONK, FLOKI: Price Analysis for May 25
  • SHIB’s price might increase to $0.000026 while indicators suggest a possible DOGE rise to $0.18. 
  • BONK’s structure flashed a golden cross, indicating a possible rise to $0.00035.
  • FLOKI’s bullish thesis was invalidated, suggesting a decline to $0.00019.

According to CoinMarketCap, meme coins are experiencing a rebound after a brief downward period. Some of the cryptocurrencies involved in this recovery include Shiba Inu (SHIB) and Dogecoin (DOGE).

At press time, SHIB’s price had increased by 3.76% in the last 24 hours. DOGE, on the other hand, was up 4.95%. However, others like Bonk (BONK) and Floki Inu (FLOKI) were not left out as their respective prices also surged. But will the values continue to rise? Let’s find out.

SHIB Price Analysis

At press time, SHIB changed hands at $0.00002493. According to the 4-hour SHIB/USD chart, the On Balance Volume (OBV) has increased. An increase in the indicator suggests that buying pressure is at a high point.

Assuming the OBV were to fall, it would have suggested a rise in selling pressure. With the Relative Strength Index (RSI) crossing above the neutral area, SHIB could be set for a further hike. Sho…

The post SHIB, DOGE, BONK, FLOKI: Price Analysis for May 25 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana Hits Major Support At $141 Amid Bitcoin Drop, Analyst Says It’s Time To Buy

Solana Hits Major Support At $141 Amid Bitcoin Drop, Analyst Says It’s Time To Buy

Solana’s price action has been declining in the past 30 days, and the crypto recently...
Jun, 16, 2024
2 min read
by Bitcoinist
Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

The following is a guest post by Nischal Shetty, co-founder and President at Shardeum...
Jun, 16, 2024
4 min read
by CryptoSlate