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Meme Coins Shiba Inu, Dogwifhat, And Floki Inu Show Positive Trends

05/06 20:49

According to CryptoPotato, meme coins are once again gaining attention as the market recovers. Shiba Inu (SHIB), Dogwifhat (WIF), and Floki Inu (FLOKI) are among the coins to watch. In the past 24 hours, SHIB's price has increased by 8%, indicating renewed interest from buyers. After a stagnant trend throughout May, June has started positively. The price has also made a higher high and higher low, potentially signaling the start of a new uptrend. The current target and resistance are at $0.000030. If the bullish trend continues, the coin could potentially reach its March highs of $0.000045. WIF has also seen a price increase of 6.5% in the past 24 hours, following SHIB's lead. The coin ended May on a high note with a sudden price spike of over 30%. Despite entering a correction phase, buyers seem determined to break the resistance at $3.7. If the bullish momentum continues, the all-time high of $4.9 made in March could be challenged again. FLOKI, the best performer on the list, closed the past 24 hours with a 22% price increase. This significant performance comes after the price was confirmed at the $0.00025 level as support. Buyers have been dominating since then. With the latest push, the price also made a higher high, surpassing the high from March. This is a bullish signal, indicating that this uptrend could just be starting.

Bullish

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