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Will PONKE, BOME, BRETT Meme Coins Scale 2x Amid Crypto Market Recovery?

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By on October 14, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Will PONKE, BOME, BRETT Meme Coins Scale 2x Amid Crypto Market Recovery? appeared first on Coinpedia Fintech News

Amid Bitcoin crossing $64k, the meme crypto segment recovery run from a 30-day low of $37.59B stands at a market cap of $52.83B. Among the top performers, the PONKE, BRETT, and BOME are making waves with a sudden revival from hibernation. 

Will these meme coins scale a 2x rally this week as the crypto market cap surges by 2% to hit $2.19B? Find out now in Coinpedia’s insightful technical analysis!

Top Meme Coin Picks To Buy:

PONKE

With a market cap of $230 million, the Ponke meme coin has increased by 31.52% in the past seven days. With a 24-hour surge of 2.32%, the Ponke token is currently trading at $0.4144. 

TradingView

Furthermore, in the daily chart, the Ponke price action reveals a triangle pattern breakout as it exceeds an overhead resistance trend line. With four consecutive bullish candles, the Ponke meme coin has increased by 53% to break above the $0.40 psychological mark. 

It is heading towards the 50% Fibonacci level at $0.4571, likely challenging the $0.694 or the 100% Fibonacci level. Hence, Ponke is a must-buy meme coin as the market recovers with an ongoing recovery rally and a massive upside potential. 

Book of Meme (BOME)

With a 36.60% surge in the last seven days, the book of meme BOME meme coin has increased by 17.61% in the last 24 hours. With a market cap of $632 million, the BOME token is currently trading at $0.00995. 

TradingView

In the daily chart, the BOME token recovery rally accounts for a massive surge of 53.84%, accounting for four consecutive bullish daily candles. It is nearing the $0.010 psychological mark and has surpassed the 1.272 Fibonacci level at $0.00876. 

The upside targets for the meme coin are $0.00995 and $0.01183, along with the $0.010 psychological mark.

Brett (BRETT)

With a 24-hour surge of 18.08%, the BRETT meme coin has increased by 27.78% in the past seven days. With a market cap of more than $1.12 billion, the BRETT token currently trades at $0.1138. 

Tradingview

In the daily chart, the BRETT meme coin reveals a trend reversal rally gaining momentum. The bullish comeback comes with a falling channel breakout as it exceeds the 23.60% Fibonacci level. 

With five consecutive bullish candles, starting with a morning star pattern, the meme coin has increased by 34% and has reclaimed the $0.10 psychological mark. Based on the Fibonacci levels, a bullish trend above the 50% Fibonacci level can reach the $0.15 or $0.18 levels. 

Curious if the BRETT meme coin will create a new all-time high? Find out now in Coinpedia’s in-depth BRETT price prediction for 2024 to 2030.

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