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Meme coins often lead the surge in cryptocurrencies, with SHIB serving as a notable example today. Alternatives in meme coins have significantly increased during bear markets. The first meme coin in the Telegram-supported TON Coin ecosystem, DOGS Coin, has emerged alongside other coins that have built robust communities. This article will analyze price predictions for PEPE, BONK, WIF, and DOGS as we approach October.
PEPE Coin Commentary
After initiating a rising trend at the end of February and reaching a peak of $0.00001726, PEPE Coin holders have not given up on new highs. The strong support level at $0.00000830 remains intact, and as BTC rebounds above $61,700, we may see new peaks in the coming days. It is essential to note that cryptocurrencies tend to show a propensity for upward movement as we enter the second week of October.
If the anticipated scenario unfolds, we could witness a rapid 27% increase to $0.00001153. With BTC entering the weekend by making higher lows, the outlook has turned positive as recession concerns wane.
BONK Coin Commentary
Previously highlighted, the price encountered selling pressure at the midpoint of the parallel channel. Following sales at $0.00002530, the support level at $0.00002165 has not yet been breached. In the upcoming days, the price may retest the channel’s midpoint and the resistance line at $0.00002924. If this resistance is surpassed, closing prices above $0.00003226 could indicate renewed demand towards the May 2024 peak of $0.00004470.
WIF Coin Commentary
WIF Coin has emerged as one of the day’s winners, experiencing a 16% increase that helps recover yesterday’s losses. Should it manage to close above $2,440, the focus may shift toward a target of $2,897. The vital support level to maintain for this upward trend is $2,512.
DOGS Coin Price Prediction
Unfortunately, DOGS Coin has proven to be quite disappointing, with the situation looking grim for future TON altcoins like HMSTR Token. Although the price has rebounded from a low of $0.0006193, a genuine turnaround seems unlikely without surpassing the barrier of $0.0010354. In the event of a sudden rise, this resistance level is likely to be tested.
