The new ETH ETF is set to make a big splash in the cryptocurrency market. Industry experts anticipate significant effects on popular tokens like PEPE, WIF, and Shiba Inu. One coin, however, might outshine them all as the bull run of 2024 picks up speed. Investors are keen to discover which cryptocurrency will rise above the rest in this exciting development.
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Pepe Crypto Sees Remarkable Growth Trend
Pepe (PEPE) is witnessing a strong upward movement, with a price range currently sitting between $0.00000777 and $0.00001107. Over the past week, the coin has surged by 30.01%, showing impressive growth. Monthly and six-monthly changes are even more striking, at 99.94% and 1150.27% respectively. The price action seems to be in an impulsive phase as it pushes against the resistance levels of $0.00001298 and, beyond that, $0.00001628. Support is holding at $0.00000638, with even stronger support at $0.00000308, suggesting potential stability for pullbacks. The Relative Strength Index (RSI) nears the middle ground, indicating that the coin could continue its momentum without being overbought or oversold.
Dogwifhat Price Trends: What Lies Ahead?
Dogwifhat (WIF) has had a strong half-year growth, but recent weeks show a slight decline. From its current range of $2.18 to $3.12, the coin has dipped by 6.09% over the last week and 1.58% in the past month. Despite these dips, it's up by 121.92% in the last six months, suggesting a growing interest. The coin moves hint at a normal ebb and flow rather than strong directional trends. With resistance at $3.71 and support at $1.83, WIF might see some resistance before making a significant move. The average prices are hovering just below the upper part of the current range, and the indicators suggest a balance between buyers and sellers, indicating the moves are more corrective currently.
Shiba Inu Price Moves and Predictions
The Shiba Inu coin is ranging between $0.0000216 and $0.0000260. After falling by about 3.56% in a week and 9.58% in a month, it grew by 197.31% over six months. The coin faces its next big challenge at $0.0000281, with support at $0.0000194. The price movement is more correction-based with a low Relative Strength Index hinting it's not overbought. Looking ahead, if it breaks resistance, it could head towards $0.0000324; if it falls through support, it might drop to $0.0000151.
Conclusion
Analysts agree that the introduction of an ETH ETF will have a significant effect on PEPE, WIF, and Shiba Inu coins. However, they are expected to show less potential in the short-term compared to another coin. BlastUP is predicted to outshine these others, thanks to its innovative concept and its place within the broader Blast ecosystem. With the bull run of 2024 already underway, BlastUP is positioned as the coin with the most promise for growth.
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