Cryptocurrency is a booming industry that has seen significant fluctuations in the recent past. Income Sharks, a Crypto and market analysis page on Twitter recently released a graph demonstrating the correlation between the total crypto market cap and trending memecoins. This graph reveals that as the total market cap adjusts, so do individual memecoins.

PEPE is seen in a range of bollinger band, the upper and lower limit set for measuring volatility. This indicates that the coin could move either way, however, there is potential to break Resistance 1 to reach Resistance 2.

For LADYS, the bollinger bands remain in place, yet the coin is close to the Simple Moving Average (SMA) used to help with price predictions. According to this report, the bulls could push the coin over Resistance 1 to test Resistance 2 at $0.000001594. However, if the bears take over, LADYS may face Support Level 1 at $0.0000000612.

The behavior of DOGE since April reveals it has tested Resistance Level 2 twice before falling short at Resistance Level 1. Though it currently fluctuates within a certain range, further consolidation may occur.

Finally, a look into Shiba Inu, which heavily depends on Resistance Level 1, suggests that the coin has hit rock bottom and may be ready to rise from these ashes and test Resistance Level 1 at $0.000017. If successful, it is predicted that it could get past Resistance Level 2 at $0.00001112.

These predictions from Income Sharks demonstrate the range of movements that investors should observe cryptos in when making decisions, whether good or bad, in the crypto space. Thus, it is important to always make sure to do one's research and due diligence before making any decisions.



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