The post Dogecoin, Shiba Inu, Pepe, and Bonk appeared on BitcoinEthereumNews.com.

Dogecoin’s future depends on breaking resistance at $0.3350 for further gains. Shiba Inu’s recovery hinges on holding support at $0.00001840 or higher. Pepe and Bonk show bullish potential, but critical support levels remain key. Memecoins, which were once popular among investors, have taken a hit lately, with some coins plummeting as much as 75% in value. This price slump has notably affected major assets like Dogecoin ($DOGE), Shiba Inu ($SHIB), and others, casting a shadow on their future.  Dogecoin’s Price Trend and Market Outlook Dogecoin ($DOGE) has shown some resilience, trading at $0.3321, up by 1.39% over the past 24 hours. The coin’s price action demonstrates strong market activity, marked by frequent dips and recoveries. However, the price is fighting to maintain upward momentum amidst market volatility. The immediate resistance for DOGE stands at $0.3350, where selling pressure has been noticeable during recent upswings. If it breaks through this resistance, DOGE might test the next level at $0.3400.  On the downside, the current support level at $0.3270 has offered some stability, although a drop below this level could push the price further down to $0.3200. With a market cap of $49.1 billion and a 24-hour trading volume of $1.92 billion, DOGE’s outlook remains mostly bullish, contingent on it holding above critical support levels. Related: Dogecoin, PEPE, BONK Bounce Back After Bitcoin’s Rally to $95K Shiba Inu Shows Signs of Recovery Shiba Inu ($SHIB) is trading at $0.00001868, marking a 1.56% gain in the past day. While the coin has seen significant volatility, there’s a steady upward trajectory in the latter half of the day, hinting at a potential recovery. SHIB faces resistance at $0.00001880, with $0.00001900 acting as the next psychological barrier. If the price overcomes these levels, further gains are possible.  On the downside, support sits at $0.00001840, with…

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Filed under: News - @ January 30, 2025 5:26 pm