Is there a Memecoin rally next? Chaigou and Gougou Coin Prepare for an Upward Trend

The TD order indicator has recently issued a buy signal on the SHIB weekly chart. Past examples have led to a 100% increase in SHIB prices

The TD order indicator has recently issued a buy signal on the SHIB weekly chart. Past examples have led to a 100% increase in SHIB prices.

The counterfeit currency market has provided strong support for the recent rise in Bitcoin prices, with Solana, Ethereum, and XRP leading the rise in counterfeit currency. Market analysts believe that the top two memes, Dogdog Coin and Chaigou Coin, will soon be preparing to join the price rise of counterfeit coins.

Chaigou has a buy signal on the technical chart

Popular cryptocurrency analyst Ali Martinez pointed out that the TDSequential indicator has recently issued a buy signal on the weekly chart of $SHIB. It is worth noting that the two recent bullish signals have led to significant price increases of 118% and 71%, respectively. Considering the rarity and accuracy of these signals, it is now a critical moment to closely monitor SHIB.

Last week, the price of SHIB increased by nearly 8%, while all other top 20 counterfeit coins experienced double-digit increases. Therefore, SHIB has enough space to catch up.

In a remarkable event, ShibaInu (SHIB) witnessed an astonishing surge in token outflows, increasing by a staggering 3033% in just 24 hours.

The data provided by IntoTheBlock highlights an astonishing increase in the number of tokens removed from the wallets of major SHIB holders. This number skyrocketed from 16.87 billion to an incredible 511.37 billion overnight.

At the same time, the daily token inflow of these whale wallets has significantly decreased. Within the same time frame, its number plummeted from 4.59 trillion to 262.41 billion, further exacerbating the mysterious veil surrounding this unusual activity.

Dog coins are preparing for a new upward trend

Popular cryptocurrency analyst Ali Martinez pointed out that, like Chaigou, Dog Coin is also preparing for a new upward trend in the US dollar. He said: Dogcoin seems ready to start a new upward trend!

On the weekly chart of $DOGE, the TD order indicator has generated a buy signal. If the price manages to maintain a closing level above $0.062, it may pave the way for an increase to $0.070.

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