Dogecoin beats PEPE, SHIB here – But there’s a warning sign…

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Dogecoin [DOGE] is the only leading meme coin to post gains in the last month, as meme coin market activity witnessed a decline.

is the only leading meme coin to post gains in the last month, as meme coin market activity witnessed a decline, IntoTheBlock noted in a post onCoinMarketCap’

For example, readings from its Moving Average Convergence Divergence indicator showed its MACD line resting below its signal line. These lines have been positioned this way since 2nd April. It often signals a shift in momentum from bullish to bearish, and traders take it as a sign to sell their holdings.

 

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