Unleash the Hounds of Crypto! 🐶 Unmasking the Bargain Bin Memecoins: $DOGE, $PEPE, and $WIF

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The great crypto circus is either gearing up for a grand entrance into the next act of the bull show, or we’re already deep into the bear’ den. If you’re betting on the former, where are the steal deals for $DOGE, $PEPE, and $WIF? Strap in, dear reader, for a whimsical ride through the wild world of memecoins!

$DOGE: A Diamond in the Ruff? 💎

Out of all the memecoins, $DOGE still wears the crown, 8th by market cap, and arguably the most polished from a technical standpoint compared to its motley crew of competitors. As the weekly chart above reveals, $DOGE playfully dances above the sturdy $0.31 horizontal support, while playfully knocking on the door of $40.337, which may soon transform into support. Flip that level, and the next stops are the 0.5 Fibonacci at $0.9 and the 0.618 Fibonacci at $0.47, a stone’s throw away from the local high!

$PEPE: A Bottom-Deal Delight? 🤑

$PEPE, another successful memecoin contender, may have brushed bottom during Monday’s Deepseek-inspired crypto downturn. Although there could still be room further downward price shenanigans, and even a tumble to the horizontal support at $0.0000099, this might be the perfect spot to initiate a position. But, as always, remember that investing in memecoins is like playing a game of crypto roulette!

$WIF: A High-Risk Hound’s Hideaway? 🐺

Contrarily to its two predecessors, Dog Wif Hat ($WIF) appears to be in dire straits. As the Binance weekly chart above illustrates, the last-ditch support level at $1.08 remains unchanged. If this level fails to hold, a swift plummet to $0.34 would likely ensue, and the bull market would be all but over for $WIF. For those craving high-stakes adventure, buying here or at support, with a very snug stop loss could pay off handsomely if the market is prepared to turn!

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2025-01-28 15:28