Memecoins Breaking Out—SHIB & PEPE Attract Massive Gains!
Shiba Inu (SHIB) Price Breaking Out-Aims for a 25% Upswing$SHIB
The Shiba Inu price has remained stuck within a descending parallel channel since the start of the year. The bears had held a strong grip over the rally, due to which the bulls failed to break the resistance of the channel. Meanwhile, the price has broken from the range, and the technicals have turned bullish, suggesting a continuation of a bullish trend.
Pepe (PEPE) Aims to Surpass $0.000011
Similar to Shiba Inu, PEPE price also failed to gain bullish attention since the start of the year, which appears to have overturned after the latest rebound. The PEPE price is forming constantly higher highs and lows after rebounding from the lows close to $0.000005. However, the token is trying to enter the bullish range and hence a continued ascending trend is expected to persist for a while.