The post BRETT, WIF, & FLOKI Prices Surge With Huge Margin Eyes at Another 20% Rise By the Day’s End! appeared first on Coinpedia Fintech News
After a brief pullback during the weekend, the crypto markets are trying hard to trigger a healthy rebound. While Bitcoin rises above $60,000, memecoins have geared up, as some of them have surged heavily. While Dogecoin & Shiba Inu remain consolidated within a range, Brett, dogwifhat & FLOKI prices have begun to surge high.
Brett (BRETT) Price Analysis
The BRETT price continues to trade within a decisive symmetric triangle as the token triggers a rebound from the lower support of the triangle
The volume soared significantly, which raises the possibility of a bullish upswing but the validation of the beginning of the bullish trend is yet to be certified
The RSI remains elevated but the Bollinger bands do not display any divergence; hence, a major price action is yet to begin
Therefore, the BRETT price is expected to remain consolidated within the triangle and reach the apex, which may trigger a healthy rise to $0.12
dogwifhat (WIF) Price Analysis
The dogwifhat prices remain consolidated within a descending parallel channel and the recent rise elevated the levels beyond the average bands
Moreover, the levels reclaimed above the pivotal support levels at $1.514 has validated the beginning of a fresh ascending trend
The RSI initiated a bullish divergence and hence a continued rise may validate the formation of a double-bottom or ‘w-shaped’ pattern
Once the price reaches the resistance of the channel above $2 at around $2.3 or $2.35, the price may reach the neckline, which may further push the price beyond $3.3.
FLOKI (FLOKI) Price Analysis
The FLOKI price appears to have regained a pivotal resistance zone following the recent bullish push
The RSI rebounded from the lower threshold, which suggests the bulls are slowly reclaiming their dominance
However, the price may remain under bearish influence until it surpasses the resistance zone between $0.00012465 and $0.00013183
Therefore, the FLOKI price may experience a pullback if the bulls fail to elevate the levels beyond the range
