“Last week, the price of bitcoin fell below $ 110,000, and a significant outflow of funds from cryptocurrency -related investment products was recorded. But this week can be more positive. Indeed, the king of cryptocurrency returned above $ 110,000 and almost reached $ 115,000. If buyers continue to dominate BTC may be at a resistance level of 117,000 […]”, – WRITE: Businessua.com.ua
Last week, the price of bitcoin fell below $ 110,000, and a significant outflow of funds from cryptocurrency -related investment products was recorded. But this week can be more positive. Indeed, the king of cryptocurrency returned above $ 110,000 and almost reached $ 115,000. If buyers continue to dominate, BTC may be at a resistance level of $ 117,000. Meanwhile, the altcoins are still unnoticeable, except for a few assets such as Binance Coin (BNB), which has made significant progress in just a few weeks. Marks do not give much noise, but can the situation change soon? Let’s immediately analyze this atypical sector!
The membrane sector has been quiet for several months. Memcons were especially volatile at the end of last year. Indeed, some cryptocurrencies, such as Dogecoin (Doge), have indeed increased rapidly since October. Between October and December, in just a few weeks, price Doge increased by 360% . But by 2025 Memcons have lost their attractiveness :
The evolution of the membrane sector indicators. Source: The Block
An index that combines basic memcons (GMCI meme), well fell at the beginning of the year but from April yellow curve Move to the side . Since bitcoin tries to stay on the mark $ 110,000 , A similar scenario at the end of 2024 is still possible for memkoines. To happen to such assets as Dogecoin (Doge) or Shiba Inu (Shib) attractiveness . Let’s immediately analyze the leading altcoins in the membrane sector, starting with Doge.
Dogecoin (Doge) was strong since April As explained in the previous section, the price Doge She did not experience such acceleration in 2024. However, the price was strong for several months :
- An increase of 140% From April
- Develops beyond the bear line of trend
- rebounds around Bull sliding medium (EMA 9/EMA 18)
Although the price is encouraging, it has been left below the level for several months resistance at $ 0.275 :
Doge price against the dollar (1 week) – Register with Trading View using our affiliate link.
If the price continues to fluctuate around Bull sliding medium she can reach resistance levels at $ 0.275 and $ 0.37 . And if Doge repeats its indicators at the end of 2024, it may even exceed Last maximum at $ 0.48 and get closer to Ath at $ 0.74 . However, loss support at $ 0.21 can lead to fall up to $ 0.17 . The trend is still in favor of buyers but the price will have overcome $ 0.275 to continue moving up.
RSI will need to expand above 60, to continue to have Strong impulse for Dogecoin weekly.
SHIBA INU (SHIB) shares are traded at $ 0.000012 support. Shib is in range Since February, trading between Support at $ 0.000012 and resistance at $ 0.000017 . In addition, the price continues to block against bear sliding medium (EMA 9/EMA 18) :
SHIB price against the dollar (1 week) – Register with Trading View using our affiliate link.
Buyers must quickly exit to Protect the level of support . Otherwise the price may fall to the next a level of support at $ 0.0000083 . If the price is maintained above $ 0.000012 and breaks the bears of sliding medium, it can return to the vertices of the range at $ 0.000017 . To restore Positive impulse On a weekly basis by shib, you will need to punch Riva Nj resistance at $ 0.000017 .
RSI pulse indicator is below the bear line of trend . The intersection of this trend line will allow Impulse to intensify .
Dogwifhat (Wif) is trading in the range of $ 0.7 to $ 1.33 Between April and May WIF price demonstrated good progress . However, since May, buyers and sellers have neutralized each other between Support at $ 0.7 and resistance at $ 1.33 . The price has recently been rejected around bear sliding medium (EMA 9/EMA 18) :
WIF price to the dollar (1w) – Register with Trading View using our affiliate link.
Without buyers’ reaction the price can reach the next strong support at $ 0.33 . But if the range is withheld, the price can bounce and meet resistance at $ 1.33 . Simultaneously, RSI is generally increasing From April. To continue Strong WiF impulse Growth will be higher 54 .
Bonk (Bonk) Stocks fall but retain a encouraging impulse Bonk price fluctuates upwards Since March. However, the price failed to punch resistance at $ 0.000034 and since then Bonk fell by more than 50% :
Bonk price to the dollar (1 week) – Register with Trading View using our affiliate link.
If the price continues to be unstable in the short term, it can return to The support level is $ 0.000016 . On the other hand, if buyers wake up and the price will return above $ 0.000023 possible growth to level resistance $ 0.000035 .
RSI indicator for several months generates In general, the bulline patterns . Thus, the impulse on the side of buyers.
PEPE (PEPE) deals with lateralization since May Since May the price of the PEPE varies between support at $ 0.000009 and a resistance of $ 0.000014 . After a bull period PEPE moves sideways :
Price PEPE to the dollar (1 week) – Register with Trading View using our affiliate link.
If Support at $ 0.000009 conceded, the price may fall to important support at $ 0.000006 . However, if the range continues, the price may meet resistance at $ 0.000014 . RSI is growing for a while, and to maintain this positive impulse is a needed growth above 58 .
Key items to remember Despite the Bitcoin Ath -set for 2025, the membrane sector remained relatively calm. Will the situation change? The sector is in the period of lateral trade, and the acceleration will require a return of interest. Doge, on the other hand, seems to be ready to continue growth in the coming months. PEPE, WIF and SHIB are in the range, and buyers will have to respond to avoid bear volatility of these assets. Meanwhile, according to some sources, SEC may soon approve of cryptocurrency ETF.
Source: Journalducoin.com
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