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Cryptocurrencies Price Prediction: Dogecoin, Fartcoin & Bitcoin — Asian Wrap 23 April

Cryptocurrencies Price Prediction: Dogecoin, Fartcoin & Bitcoin — Asian Wrap 23 April
FXStreet TeamFXStreet TeamFXStreet

Dogecoin lead double-digit gains across meme coins, with Shiba Inu, PEPE and BONK skyrocketing to new monthly highs

Top meme coins Dogecoin (DOGE), Shiba Inu (SHIB), PEPE and BONK lead the meme coin sector with double-digit gains on Wednesday following the crypto market recovery. After smashing key resistance levels near their respective 50-day Simple Moving Averages (SMA), these meme coins now face a key hurdle close to the 100-day SMA.

Top 3 gainers Fartcoin, Zerebro, DeepBook: Solana and Sui meme coins soar on bold risk-on wave

Fartcoin price holds firmly above support established at $1.00 while exchanging hands at $1.16, up more than 2% on the day. The meme coin’s uptrend follows a sustained rebound from the Q1 downtrend, buoyed by support at $0.20, tagged in March. The Relative Strength Index (RSI) indicator’s position at 70.60 reinforces the bullish grip on Fartcoin, hinting that the token will break above $1.20 to pave the way for gains targeting the next key area at $1.50. 

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bulls target $95,000 BTC, $1,900 ETH, and $3 XRP

Bitcoin price has faced multiple rejections around its 200-day Exponential Moving Average (EMA) at $85,000 since April 13. On Monday, BTC finally broke above this resistance level, rising 9.7% to close above $90,000. At the time of writing on Wednesday, it hovers at around the $92,800 level. If BTC continues its upward momentum, it could extend the rally to test its March 2 high of $95,000.

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