Memecoin Analysis for April 27, 2022 — Party Like its 1999 (Prices)

Shiba Inu Analysis

Should You Buy SHIB In The Recent Pullback?

  • The formation of a bullish candlestick pattern on the daily chart suggests a bounce-back in the price in the short term.
  • The recent downswing pushed SHIB towards a critical demand zone that could activate a new run-up.
  • Resistance levels- $0.000028 and $0.00003
  • Support levels- $0.000022 and $0.00002

Doge Analysis

Dogecoin (DOGE) rallied from a one-month low on Monday when news declared that Elon Musk has bought Twitter and he wants to integrate Dogecoin with Twitter.

  • The DOGE price gives a weekly-candle closing below the $0.133 support.
  • The OBV indicator trending higher suggests strong bullish sentiment in the market.
  • Resistance levels- $0.17 and $0.2
  • Support levels- $0.13 and $0.11

Apecoin Analysis

ApeCoin is still looking bullish on the short-term perspective as buyers eye for more gains. This bullish trajectory is likely to remain in the long term if the buying volume — demand — is sustained.

  • Key Resistance Levels: $19.7 and $23
  • Key Support Levels: $17 and $15

Summary

The SafeMoon community has hit back at fraud allegations brought by Coffeezilla, prompting the internet detective to retract and correct one of his original claims.

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Adam Tracy

Adam Tracy

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Crypto Influencer | Blockchain Evangelist | Ex Pro Rugby Player | Find Me: https://linktr.ee/adamtracy