Krutika Adani
Despite recent turbulence in Bitcoin, the memecoin market shows clear signs of rebound.
Dogwifhat leads the market with a 10% jump in prices.
Dogecoin and Shiba Inu are near their 99-day exponential moving averages where they have found strong support.
However, Pepe still struggles to recover above a zone of resistance.
The overall recovery still largely depends on Bitcoin as it dominates 53% of the market cap.