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Reading: ApeCoin and WIF Coin Show Significant Price Movements This Week
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COINTURK NEWS > Technical Analysis > ApeCoin and WIF Coin Show Significant Price Movements This Week
Technical Analysis

ApeCoin and WIF Coin Show Significant Price Movements This Week

In Brief

  • ApeCoin shows significant price recovery after a long decline.

  • WIF Coin is expected to reach higher price targets due to market demand.

  • Dogecoin remains stable as it attempts to break critical resistance levels.

İlayda Peker
İlayda Peker 7 months ago
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ApeCoin (APE) stands out among altcoins that have made headlines this week. After a prolonged decline, it has garnered attention with impressive performance. Similarly, DOGE has emerged as one of the best performers in terms of market capitalization. Additionally, WIF Coin is attracting hopeful sentiments from traders for future bull markets. What are the price predictions for October?

Contents
APE Coin Price PredictionWIF Coin PredictionsDogecoin (DOGE) Commentary

APE Coin Price Prediction

For 630 days, the price of APE Coin has been steadily declining. Although there was a brief rally during the general market surge in March 2024, it was short-lived. Recently, APE has produced a substantial weekly candle that it hasn’t seen in almost two years. The upper wick remains small and APE is still hovering at satisfactory levels.

A price drop of 88% over 90 weeks led to the launch of ApeChain, causing this week’s price surge. Furthermore, a strong meme coin issuance in the layer 3 network has increased liquidity, allowing APE investors to reminisce about its glorious past. Weekly gains have exceeded 130%.

If the price can maintain levels above $1.336, it may refocus on targets of $2.37 and $3.23. However, in case of a potential drop, the psychological support target will be $1.00.

WIF Coin Predictions

In today’s market analysis, TraderSZ highlighted WIF Coin, targeting regions above $2.71 for closure. As shown in the graph below, the popular analyst expects tests at $3.17 and $3.62. Above that, $4 will serve as a key resistance point.

Due to rising demand in the meme coin sector and the recovery of BTC prices, experts suggest that it’s time to go long, anticipating nearly a twofold increase in price.

WIF Coin is among the assets with high expectations during this bull season. As a relatively new meme coin, strong interest could push its price to unusual levels.

Dogecoin (DOGE) Commentary

The largest meme coin by market capitalization, DOGE, has risen nearly 40% in eight days. It has struggled to break the $0.15 barrier but could not surpass it. Had it succeeded, we might have seen peaks between $0.18 and $0.23.

In the coming days, with a calm macro front, if DOGE bulls can maintain $0.13, new upward attempts may be observed.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 21 October, 2024 - 2:48 am 21 October, 2024 - 2:48 am
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