Expert Predicts SHIB and DOGE Will Miss $1 Mark—Here’s the Altcoin They Recommend Focusing On Instead!

As Bitcoin reaches new all-time highs, experts predict that well-known meme tokens like Shiba Inu and Dogecoin might not achieve the elusive $1 mark. The spotlight is shifting to a new altcoin that could deliver significant returns, sparking interest among investors eager to capitalize on the bullish market momentum.

This groundbreaking token unites sports fans and crypto enthusiasts, blending meme culture with athletic fervor, and is poised for exponential growth driven by its vibrant community.

Dominate the Field with XYZ: The Next Meme Coin Champion!

The game is on, and XYZ is leading the charge in the meme coin arena! This sensational all-sports meme token has hit the market with unstoppable momentum, knocking out weak competitors and scammy cryptos.

As it charges ahead, XYZ is set to deliver jaw-dropping gains, leaving the likes of BOME and WIF far behind. With eyes on a staggering 14,900% growth, XYZ is ready to claim the meme coin crown in the next crypto bull marathon!

💸 Rule the game, cash in as the bets roll in 💸

XYZ is the star player in XYZVerse – the ultimate fusion of sports thrill and meme culture. This community-centered ecosystem is the perfect playground for crypto degens and sports fans alike.

Think back to Polymarket’s $1 billion trading volume during the US elections betting frenzy, and now, picture that on steroids with XYZVerse. With millions of sport bettors getting ready to jump in the action, opportunities for early investors in XYZ are really huge!

XYZ is currently undervalued, and with major listings on the way, presale participants stand to secure life-changing gains.

>>>Don’t miss your shot at being part of the XYZ winning team!<<<

Shiba Inu (SHIB)

Shiba Inu (SHIB) has seen mixed movements recently. Over the past week, its price changed by -0.89%, showing slight downward pressure. However, in the past month, SHIB surged by 42.77%, indicating strong bullish momentum. Looking at the last six months, the price decreased by -5.06%, suggesting overall stability with minor fluctuations.

The current price range for SHIB is between $0.00002316 and $0.00002827. The nearest resistance level is at $0.00003077, close to the upper end of the current range. Breaking above this could lead to the second resistance at $0.00003588, representing a potential increase of around 27% from the lower end of the current range. On the downside, the nearest support is at $0.00002055, which could act as a safety net if the price dips. The second support level is at $0.00001544.

Technical indicators present a mixed outlook for Dogecoin. The Relative Strength Index (RSI) is at 51.75, indicating a neutral market. The stochastic oscillator stands at 79.87, nearing overbought territory, suggesting a possible price pullback. The MACD level is slightly negative at -0.00189, hinting at bearish momentum. The 10-day Simple Moving Average (SMA) is $0.39, below the 100-day SMA of $0.42, which may signal short-term weakness. While long-term growth has been significant, short-term indicators suggest caution as the price could rise toward new resistance levels or fall back to support levels.

Dogecoin (DOGE)

Dogecoin (DOGE) has been on an impressive run over the past month, with its price increasing by 171.78%. Over the past six months, the coin has seen a 144.94% rise, indicating strong growth in recent times. However, over the past week, the price change has been minimal at 0.0255%, suggesting that the market might be consolidating after substantial gains.

Currently trading within a range of $0.37 to $0.49, Dogecoin is approaching its nearest resistance level at $0.55. If it breaks through this point, the next resistance is at $0.67, potentially leading to significant gains. On the downside, the nearest support level is at $0.30, with a secondary support at $0.18, which could act as safety nets if the price dips.

Technical indicators present a mixed outlook for Dogecoin. The Relative Strength Index (RSI) is at 51.75, indicating a neutral market. The stochastic oscillator stands at 79.87, nearing overbought territory, suggesting a possible price pullback. The MACD level is slightly negative at -0.00189, hinting at bearish momentum. The 10-day Simple Moving Average (SMA) is $0.39, below the 100-day SMA of $0.42, which may signal short-term weakness. While long-term growth has been significant, short-term indicators suggest caution as the price could rise toward new resistance levels or fall back to support levels.

Conclusion

While SHIB and DOGE have potential, the 2024 bull run highlights XYZVerse (XYZ), aiming for 20,000% growth by merging memes and sports in a community-driven ecosystem.

You can find more information about XYZVersus (XYZ) here:

Site, Telegram, X

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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