Meme coin cryptocurrencies are gradually taking the crypto space by storm. As of April, several meme coin cryptocurrencies reached outstanding milestones, leaving investors with higher expectations.
Thus, here are the price predictions for the following meme coins: PEPE, BOBO, DINO, HEX, LHINU, MONG, and AiDoge for May.
$PEPE token is among the meme-coin currently trending in the crypto ecosystem, with significant gains of more than 900x within a week.
This SMA indicator shows that the market is in an uptrend direction, and the bulls control the market. The 50-Day SMA trades above the 200-Day SMA, indicating a bullish momentum and a potential buy signal.
At the time of analysis, the RSI is at 50.31, slightly above the neutral zone. Therefore, this shows that $PEPE is not in the overbought zone or the oversold zone.
Meanwhile, the bears are trying hard to push the price of $PEPE to the oversold zone while the bulls are trying to hold the market.
The MACD indicator shows that the MACD is below the signal line, suggesting a potential sell opportunity.
$PEPE token dropped another 15%, reaching a low of $0.00000088225 within a few hours; if the panic continues, $PEPE could break the crucial support level at $0.00000061363.
However $PEPE token is currently trading between support and resistance levels of $0.00000061363 and $0.00000131215. The first significant resistance level for $PEPE is at $0.00000131215.
The next resistance level, at $0.00000147830, can be reached if the price moves above the first crucial resistance of $0.00000131215.
According to the latest data gathered, the current price of Bobo is $0.000000007, and BOBO is currently ranked #2708 in the entire crypto ecosystem.
The RSI of analysis is at 49.26, slightly below
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