DOGE and WIF See A Decline This Week, But Raboo Leads The Pack With Stellar Performance

This week has been rough for some coins in the crypto market, these include DOGE and WIF. Fortunately, they are both recovering with the bulls taking back control. Raboo, the new AI meme coin continues to lead with its innovative features. With Raboo, every challenge is a chance to eat and every victory translates into real-world value. It is on a mission to become a top altcoin of 2024 and it definitely seems attainable. Keep reading to find out more 

DOGE: bulls take back control 

By breaking out of a falling wedge formation, Dogecoin (DOGE) has recently made a noteworthy move that points to a possible bullish reversal. Analysts and traders have taken notice of this breakthrough. The breakout offers a new angle on the price activity of DOGE by suggesting an upside objective of 44%. 

Converging trend lines, with the higher trend line falling at a sharper angle than the lower trend line, define the descending wedge pattern on Dogecoin's chart. Most people view this pattern as a bullish reversal indicator. A possible upward rise is suggested by the wedge's breakout above its top trend line. 

DOGE is currently trading at $0.1302 with key support at 0.618 Fibonacci retracement level. It has been on an upward trend for the past week, after increasing by 9.92%.

WIF recovers from a minor decline

It is predicted that the WIF price will continue its steady upward trajectory after sparking a surge over the last few hours that has intensified the battle between bulls and bears. The price is continually establishing lower highs and lows, indicating the bears' increasing power. There is still a lot of selling pressure and negative volume flow, which presents a significant obstacle for the bulls right now. Given the bulls intense efforts to justify a rebound, a 20% upswing may be imminent. 

The technical analysis, however, points to a varied pattern of trading that suggests the WIF price is vulnerable to an 8% decline before the next bullish phase. The bulls have only now broken out of the resistance and WIF back to trading green. WIF is currently trading at $2.62 with a 4.2% increase over the last 24 hours.  

However, bulls are currently not in the driver's seat in the cryptocurrency market. Consequently, it is anticipated that a decline below the lower support will draw bulls, who might then draw the volume needed to start a rebound. This raises the prospect of a positive rebound, pushing the price back up to $2.8 and possibly even $3 by the end of the month.

Raboo said to take the industry by surprise with it AI integration 

Raboo is a new AI meme coin that is currently in its presale. It has raised over $2 million during its presale, attracting over 10,400 registered users, and more than 3,000 token holders, among other noteworthy accomplishments. This outstanding result shows that investors are very interested in and confident in Raboo's novel strategy. Raboo is growing to become a top altcoin of 2024 by presenting its holders with great opportunities. 

Raboo's novel features and robust community make it a prime candidate for significant expansion. It’s not too late to jump in on the ride. Raboo is currently in its Stage 4 presale and is selling for $0.0048, an affordable price for anyone. 

Conclusion  

DOGE and WIF had a rough week but seem to be getting back on track. They are both now trading green, thereby putting smiles on their investors' faces. Raboo, however, has since remained a reason to smile. The new AI meme coin presents lots of great features, including an opportunity to earn and receive rewards before it launches. Analysts predict a 233% growth during its presale phase and 100% growth on launch day. 

You can participate in the Raboo presale here:

Telegram: https://t.me/RabootokenPortal  

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