Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE) Price Predictions: Where Will These Cryptocurrencies Go Next?

Amid recent market volatility, analysts have issued mixed price projections for Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE), highlighting where these cryptocurrencies could be headed soon.

Cryptocurrency prices have been on a wild ride lately, and some analysts are predicting that Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) could be in for more declines.

One analyst, Bright Dale, shared his pessimistic projections for Dogecoin (DOGE) in a recent X (formerly Twitter) post. The analyst noted that Dogecoin was once a top cryptocurrency that was heavily promoted by celebrities and its strong community. However, over the past months, there has been a significant decline in whale activity for Dogecoin. As a result, the analyst believes that Dogecoin could hit new lows soon.

As of writing, the price of Dogecoin (DOGE) is trading at $0.1054. In the last 24 hours, Dogecoin (DOGE) has also declined by 2.45%.

Meanwhile, another analyst, Ralf Laron, shared his bullish prediction for Shiba Inu (SHIB). Laron disclosed that the Shiba Inu (SHIB) weekly chart was above the 100-week Moving Average (100-MA). Additionally, the analyst revealed that Shiba Inu (SHIB) was holding steady at around the support level of $0.0001289. If the market remains bullish, Laron believes that Shiba Inu (SHIB) could potentially reach the 50-week MA, which is considered a positive signal.

Moreover, the analyst projects that Shiba Inu (SHIB) could witness a significant price breakout in the next four weeks. CoinMarketCap reports that Shiba Inu (SHIB) is currently trading at $0.000014 and has also increased by 6.54% over the past week.

Finally, a Bitcoin analyst, known as ‘Man of Bitcoin,’ has unveiled his bearish projections for Pepe (PEPE). Sharing a Pepe (PEPE) price chart, the analyst disclosed that Pepe (PEPE) will have to stay above the $0.00000644 to keep the “white scenario alive.” He disclosed that if Pepe (PEPE) breaks below the present support level of $0.00000644, it could fall further to its next downside target of $0.00000485. At the time of writing, Pepe (PEPE) is trading at $0.00000797. CoinMarketCap data also shows that Pepe (PEPE) has seen a notable increase of 7.23% over the past seven days.

In other news, investors joined ETFSwap’s presale to gain access to a diverse range of tokenized ETFs backed by real-world asset securities, following the launch of crypto Exchange Traded Funds (ETFs).

Market experts predict that ETFSwap (ETFS) is gearing up for a massive growth surge to hit the $1 price mark in 2024. This prediction is fueled by the impressive performance of its ongoing presale, which has already sold over 500 million tokens and raised more than $3 million.

For more clarity, the ETFSwap (ETFS) platform is a decentralized exchange which allows users to buy and trade tokenized institutional ETFs. This platform boasts a highly secure trading environment where users can comfortably swap cryptocurrencies for ETFs and trade.

Its robust security and privacy features can be easily verified through the results of its rigorous audit by top cybersecurity and blockchain audit firm, CyberScope. Additionally, ETFSwap’s team has completed a KYC verification process with SolidProof, a smart contract security auditing firm.

ETFSwap (ETFS) will offer numerous trading features and incentives for investors using its native token, ETFS. Additionally, traders can gain access to valuable ETF recommendations generated by AI-powered ETF trackers and screeners.

With ETFSwap’s presale underway, investors are urged to purchase tokens early at a low price of $0.01831. This is because, by the next presale stage, the price of each token is expected to surge to $0.03846.

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