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Income Sharks Correlates Memecoin Trends with the Total Market Cap

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  • Income Sharks, the Twitter crypto analyst recently posted about the behavior of meme coins in the total market cap.
  • PEPE, LADYS, DOGE, and SHIB are seen as the top trending performers.
  • SHIB seems to have reached the rock bottom; it could be early signs of a bull run.

Income Sharks, the Crypto and market education, analysis and predictions page on Twitter recently posted a graph depicting the total market cap of the crypto with reference to trending memecoins.

Taking into account the memecoin’s behavior in the past four hours, PEPE is seen within the stipulated ranges of the bollinger band and since the width of the bands are contracting, PEPE can be expected to move sideways or consolidate.

PEPE/USDT 4-hr Chart (Source: Tradingview)

However, when considering the previous bull run that occured from the same price where PEPE is of now, PEPE has the tendency to break Resistance 1 and reach Resistance 2. Hence, if the coin is on a bull run it is expected to test Resistance Level 1 at $0.00000301. If the bulls are strong enough to break Resistance Level 1, PEPE will move to test Resistance Level 2 at $ 0.0000371.

Contrastingly, if the bears overtake the market…

The post Income Sharks Correlates Memecoin Trends with the Total Market Cap appeared first on Coin Edition.

Read the article at CoinEdition

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Income Sharks Correlates Memecoin Trends with the Total Market Cap

Share:

  • Income Sharks, the Twitter crypto analyst recently posted about the behavior of meme coins in the total market cap.
  • PEPE, LADYS, DOGE, and SHIB are seen as the top trending performers.
  • SHIB seems to have reached the rock bottom; it could be early signs of a bull run.

Income Sharks, the Crypto and market education, analysis and predictions page on Twitter recently posted a graph depicting the total market cap of the crypto with reference to trending memecoins.

Taking into account the memecoin’s behavior in the past four hours, PEPE is seen within the stipulated ranges of the bollinger band and since the width of the bands are contracting, PEPE can be expected to move sideways or consolidate.

PEPE/USDT 4-hr Chart (Source: Tradingview)

However, when considering the previous bull run that occured from the same price where PEPE is of now, PEPE has the tendency to break Resistance 1 and reach Resistance 2. Hence, if the coin is on a bull run it is expected to test Resistance Level 1 at $0.00000301. If the bulls are strong enough to break Resistance Level 1, PEPE will move to test Resistance Level 2 at $ 0.0000371.

Contrastingly, if the bears overtake the market…

The post Income Sharks Correlates Memecoin Trends with the Total Market Cap appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Dogecoin Price Prediction: DOGE Faces Pressure as Downtrend Persists Despite Anniversary Milestone

Dogecoin Price Prediction: DOGE Faces Pressure as Downtrend Persists Despite Anniversary Milestone

Dogecoin is trading near $0.1438 as it struggles to build momentum after several fail...
Is Altcoin Season Next? Macro Signals Say Alts Have More Upside Into 2026

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