Pepe Coin Reaches Critical Resistance As Shiba Inu And Dogecoin Eye New Peaks

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In the aftermath of a significant market downturn, Pepe Coin, Shiba Inu (SHIB) and Dogecoin (DOGE) has showcased remarkable resilience as they all show signs of reaching new peaks. Amid all these, ETFSwap (ETFS) has emerged as a standout performer, with its presale continuing to thrive.

Pepe Coin Recovers From Sharp Decline Amidst Broader Market Optimism

Following a 40% depreciation in late July and early August, Pepe Coin staged a notable recovery, surging 17% within two days. This rebound aligns with a broader resurgence of interest in meme coins, evidenced by the 9% increase in open interest for the meme coin segment. However, Pepe Coin’s recovery faces significant hurdles. 

The price level of $0.0000905 represents a critical resistance zone, coinciding with both a breaker block on the daily chart and the 61.8% Fibonacci retracement level. While recent buying pressure, as indicated by rising spot Cumulative Volume Delta, supports the ongoing recovery, weak buying strength and capital inflows, the RSI and CMF, suggest a fragile bullish momentum. According to CoinMarketCap, at the time of this writing Pepe Coin is trading at $0.081072.  

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ETFSwap: Poised To Hit New Peaks With Innovative Tokenized ETF Platform

ETFSwap (ETFS) has quickly become a favorite among users, as it offering a high-liquidity hybrid financial institution for all traders and investors. The platform’s tokenized ETF solution stands out as it provides permissionless access to major institutional ETF assets. Unlike Pepe Coin, Dogecoin and Shiba Inu, through its native utility token, ETFS, ETFSwap has developed profitable digital versions of real-world commodities such as oil, gas, coal, and gold, allowing for leveraged trading opportunities. 

The platform offers advanced AI-powered trading tools, including the AI-powered ETF Tracker and ETF Screener, which help investors make informed trading decisions by analyzing vast amounts of market data and generating filtered insights. Additionally, ETFSwap (ETFS) enhances a user’s trading potential through perpetual futures contracts, allowing for leveraged trading with up to 10x leverage across all ETFs. This capability significantly amplifies the potential returns on investments. 

ETFSwap (ETFS) employs effective risk management features like staking options and customized trading options to mitigate the risks associated with leveraged trading. Furthermore, to foster trust and ensure its users data safety, every ETFSwap (ETFS) project memeber has undergone a complete KYC verification by Solidproof, a prominent audit platform.

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Dogecoin (DOGE) And Shiba Inu (SHIB) Show Signs Of Recovery Amid Price Decline

Dogecoin (DOGE) experienced a significant decline of over 25% in value over the past week, reaching a low of $0.082. However, there has been a noticeable shift, as Dogecoin is starting to show signs of a comeback. The latest data indicates that the meme-inspired cryptocurrency is currently trading at $0.10.Analysts anticipates that Dogecoin will reach the $1 milestone as soon as possible, although some believe otherwise. 

Some even ventured a bolder prediction, saying the meme coin will reach $2 by the end of the year. For instance, specialist Alan Santana, Dogecoin might rise as high as $2.55 by 2025. On the other hand, Shiba Inu’s recent price action has been quite interesting, especially with respect to its movements of late. Just before a major market crash took place, Shiba Inu was consolidating within a bullish flag pattern. 

At this point, Shiba Inu’s price dropped back down by 37% towards the key flag support level, which is a critical level for investors who are looking out for either a breakout or further dip. However, Shiba Inu’s price corrected by rising 28%, indicating a potential upward momentum. According to AMBcrypto, this recovery shows that bulls might not be completely running out of steam yet, as there could still be a price surge for Shiba Inu. 

Conclusion 

While Pepe Coin, Dogecoin and Shiba Inu  may see huge increases in the future, ETFSwap (ETFS) is better positioned to surpass them all in the short term. The ongoing presale is a huge opportunity for anyone to align themselves with this projected massive profit. You can get the ETFS tokens now for $0.01831 or cheaper using the code “ETFS50”.

For more information about the ETFS Presale: 

Visit ETFSwap Presale

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