TL;DR:
The fourth week of April begins with an average growth of 8% for the memecoins segment; the marked lagging of the main assets suggests an imminent rotation of capital towards the leaders.
Currently, Dogecoin (DOGE) is trading near $0.09482, making sideways movements while the rest experience rallies. This technical understatement, combined with a clear positive divergence in the RSI oscillator, could skyrocket the price by 12% towards $0.115.
The market appears to be calm, but the formation of a “cup and handle” on the daily chart reinforces the analysts’ bullish thesis. If the buying volume passes the $0.095 barrier, it would confirm the start of a massive recovery phase for the largest meme cryptocurrency by capitalization.
On the other hand, the price of the Official Trump (TRUMP) token stands at $2.83 with a key event scheduled for this April 25. The gala organized for the main holders acts as a fundamental catalyst that has historically driven speculative demand for the asset.
Meanwhile, Pepe (PEPE) shows an enviable technical setup called a “pattern within a pattern.” The asset is attempting to invalidate a long-term bearish channel by consolidating a handle just below its main resistance in the Fibonacci zone.
If PEPE manages to close a daily candle above $0.00000416, it would trigger a measured move towards $0.00000526. This advance would represent a return close to 30%, consolidating its position as the asset with the best relative momentum of the analyzed group.
The memecoins market is going through a critical period of technical and fundamental reconfiguration. The combination of high-impact in-person events and signs of bearish exhaustion positions these three tokens as the indisputable protagonists of this weekly session in the crypto ecosystem.
