The post Can These Meme Coins Outrun The Top Tokens This Crypto Bull Run? appeared first on Coinpedia Fintech News
With the crypto market reclaiming the $2 Trillion valuation, the meme coins have experienced a strong bullish bounce back in their respective valuations. Further, with the current market sentiments, investors are constantly surfing the meme coin category for a potential 100X Gem!
Can these 4 memecoins outperform the top cryptocurrencies during the upcoming AltSeason? Scroll down as, in this article, we have uncovered the 4 hidden gems of the meme-verse.
Floki (FLOKI)
Amid increased volatility, the Floki price has added approximately 5% within the past day with a trading volume of $157.87 million. Despite recording a drop of 23.89% over the past week it has a YTD return of +228.26%. This suggests a long-term bullish sentiment.
TradingView: FLOKI/USDT
The Relative Strength Index (RSI) has displayed a steady rise toward the mid-point, indicating increased Floki price action in the market. Further, the average trendline hovers around the neutral point, suggesting a potential bullish reversal.
If the market regains momentum, the Floki coin price will prepare to test its resistance level of $0.000155 in the coming time. However, a bearish action could pull the price toward its support of $0.000101.
Dogwifhat (WIF)
With a bullish recovery, the WIF price has jumped 7.82% over the past 24 hours. Moreover, with a Year-to-Date (YTD) return of +936.96%, the memecoin has secured the 47th position with a market capitalization of $1.581 billion.
TradingView: WIF/USDT
The technical indicator, MACD displays a rising green histogram in the 1D time frame. Further, with a bullish convergence, the Dogwifhat price indicates a positive outlook in the coming time.
Suppose, the bulls gain power, in that case, the WIF meme coin price will head toward its resistance level of $2.10. On the flip side, if the bears overpowered the bulls, the price may retest its low of $1.240 this month.
Also, read Dogwifhat (WIF) Price Prediction for long-term price projections!
Brett (Based) BRETT
In spite of recording a drop of 15.67% over the past week, the Brett (Based) price has jumped 12.40% during the past month. Moreover, with a YTD return of over 83%, this project has turned out to be the most profitable memecoin of the BASE chain.
TradingView: BRETT/USDT
The RSI indicator continues hovering below its neutral point in the 2H time frame. Further, its average constantly acts as a resistance to the price chart. This indicates a mixed price action for the meme coin in the crypto market.
Maintaining the price above its support level of $0.07395 could set the stage for BRETT price to prepare to test its upper level of $0.09763. On the contrary, a bearish reversal could pull the price toward its lower support of $0.04570.
Dogs (DOGS)
Built on the TON chain, the DOGS price instantly gained significant traction from the crypto space. Trading at a discount of 34.71% from its ATH, it has jumped approximately 10% within the past day with a trading volume of $497.212 million.
TradingView: DOGS/USDT
The Moving Average Convergence Divergence (MACD) displays a constant rise in the green histogram with its averages showing a constant rise. This suggests increased buying-over-selling pressure for the DOGS price in the market.
If the market pushes the DOGS memecoin price above its resistance of $0.0011, the bulls will regain momentum and prepare to test its high of $0.00135. Negatively, a weak sentiment could result in its retesting its support of $0.0009291.
Also, read Brett (Based) BRETT Price Prediction 2024 – 2030