The post Are Memecoins Dead? Analyzing the Future of $DOGE, $PEPE, $WIF, and $TRUMP appeared on BitcoinEthereumNews.com.

It now seems a distant memory when memecoins would spike hundreds, and sometimes thousands of percent in short periods of time. Are the crypto memes dead or dying now? What is the future for $DOGE, $PEPE, $WIF, and $TRUMP? Is $DOGE the best bet to survive? Source: TradingView Of all the memecoins, $DOGE has stood the test of time, and is arguably the best bet to survive, given its connection with Elon Musk. Looking at the weekly chart above, it can be seen that the trend is still up, although holding on to that 0.786 Fibonacci will be of prime importance for the bulls. Falling just under the ascending trendline will also need to be reversed if possible by the end of this coming weekend. In favour of the bulls, is the Stochastic RSI at the bottom of the chart. The indicators are reaching the bottom now. If they can turn around and start heading back up, and past the 20.00 level, this will bring in new upside price momentum, potentially lasting a few weeks. The bottom may be in for $PEPE Source: TradingView $PEPE took quite a fall over the last couple of months, currently down around 66% from the top. It does look as though the bottom may have been found. The price is holding at the juncture of the horizontal support, and the ascending bull trend line. Just as for $DOGE, the weekly Stochastic RSI for $PEPE is at the bottom. This could be a good time to enter a position if $PEPE is your thing. However, if the price does confirm below the support, it could well be the end of this bull run for $PEPE. $WIF price chart does not give cause for optimism   Source: TradingView The weekly chart for Dog Wif Hat (WIF)…

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Filed under: News - @ February 9, 2025 2:19 am