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Bitcoin price anchored itself in the $45,700 region on the first day of the year, with volatility being weak but expected to disrupt soon. We are on the eve of much more active days in cryptocurrencies with ETF news and developments on the macro front. What is exciting is the profits made by those who can take the right position during the volatility period. So, what are the expectations for meme coins?
DOGE Price Prediction
DOGE bulls, failing to surpass the resistance of the previously shared channel, are now struggling to maintain the base support level at $0.088. If early good news about an ETF approval comes, the price could target peaks of $0.098 and $0.106. With closures above this, we might see spikes up to $0.014.
In the opposite scenario, losing support and the price retreating to $0.0835 and then to $0.076, followed by a dip to $0.071, can be expected.
Shiba Coin Price Prediction
Shiba Coin price is also fluctuating within a similar parallel channel but is closer to that resistance. With good news, overcoming the $0.00001146 barrier and a continued rise to $0.00001583 is expected. If the weekly close is above this level, we might see a stronger demand wave aiming for the ATH level.
In the opposite scenario, a drop to $0.00000910 and $0.00000766 would not be surprising.
BONK Coin Price Prediction
BONK Coin price has suffered a 63% loss over 17 days. The increase in the number of investors trying to get rich with lower market cap meme coins has dampened the enthusiasm for BONK Coin. Closures below $0.0000136 in the short term are not positive and increase the risk of a drop to the $0.0000096652 region. Still, at the time of writing, it was maintaining its position as the third-largest meme coin.
PEPE Coin Price Prediction
Investors found motivation with PEPE Coin while emerging from the bear market, experiencing an impressive rally while the cumulative volume dropped to 17 billion dollars daily. Then what happened? As expected with the Binance listing, the price peaked and the team suffered significant losses due to internal conflicts. Now PEPE Coin is struggling to maintain the $0.00000126 support. If $0.00000149 can be surpassed again, a period of double-digit gains could begin.
In a bearish scenario, targets are set at $0.00000113 and $0.00000092.
