Meme coins on the rise as they outperform Bitcoin

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Shiba,Cryptocurrencies,SEO

Crypto sector performance over the past two weeks shows meme coins emerged as clear outperformers, beating Bitcoin, AI coins and Binance coin categories.

Dogecoin could climb toward $0.20, an opportunity for sidelined traders to enter. Shiba Inu bleeds for the eighth consecutive day,

buy position. Dogecoin is likely headed towards the upper boundary or the 20-day high , and this is confirmed by Connors RSI, a momentum oscillator that helps identify overbought and oversold conditions for an asset, applicable in shorter time frames. . The dog-themed meme coin could plummet towards $0.1303 , lower boundary of the Donchian channel. Shiba Inu bears take charge Shiba Inu price is bleeding, with the April 13 low at $0.00001830 likely being the bearish target for the meme coin in its downward trend. The downtrend is confirmed with the crossover of the signal line above the Fisher Transform, on April 25.

price faces resistance at the April 21 top of $0.00002820, in its uptrend. Bonk uptrend supported with positive momentum Solana-based meme coin Bonk eyes 11.5% gains to $0.000025 . Relative Strength Index , a momentum indicator, reads 52.28, relatively close to the neutral zone. The Moving Average Convergence Divergence indicator shows green histogram bars above the neutral line, combined with a MACD crossover above the signal line. This is typically considered a bullish sign for the asset.

 

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