Summary
- Memecoins are gaining strength in a bullish market following Bitcoin’s potential rise to $70,000 and Ethereum’s push towards $3500.
- Dogecoin (DOGE) has breached a descending trend line and is poised for an ascending trend towards $0.15.
- Shiba Inu (SHIB) remains within a descending parallel channel but may see more losses before triggering a rebound.
- Pepe (PEPE) price has dropped below the ascending trend line, signaling a potential bearish trend unless reclaimed quickly.
