Memecoins
The best meme coins chosen to stage the next 10x increase
Higher coins mark a bearish Wednesday as the market takes a short break after this Monday’s massive boom. However, one sector of altcoins, meme coins, are chasing higher levels in a volatile market.
With the cryptocurrency world anticipating an altcoin season soon, meme coins are a great option for huge gains. However, higher volatility and rapid reaction to sentiment make them a riskier option.
Don’t worry. We present a list of top potential meme coins staging the next 10x surge. So, let’s look at the price charts and analyze their potential and the probability of a bull run.
The successful rally for this meme coin anticipates the bull run
In the 1D chart, the WIF price action shows a massive overnight increase of 10.22% to create a bullish engulfing candle. The price jump in the meme coin marks a bullish breakout of the symmetric triangle and is poised to recover $3.
One of the best artists in the meme coin industry, Dogwifhat, is a trending newcomer in the market. This highlights the huge upside potential of WIF price if the uptrend gains momentum.
The triangle breakout rally could reach the $10 mark in the coming weeks and potentially aim for levels above $15 in altcoin season.
BOME breakout goes south
Another top performer with a 20% jump in the last four days, the Book of Meme token, is on a bullish run. The breakout of the overhead trendline marks a triangular breakout in the BOME price action and breaks above the 50% Fib level.
As the series of three bullish candlesticks faces a threat near $0.013, the meme coin is ready to challenge the $0.015 mark. According to the retracement levels, the BOME price may rise to the $0.059 mark.
Optimistically, the altcoin season may witness a surge in the Book of Meme to levels close to the psychological limit of $0.10.
The DOG GO TO THE MOON rally begins
Aiming to boost Bitcoin adoption among the masses, DOG GO TO THE MOON is on a bullish rally. The DOG token price increased by 69% to create a three-day bullish candlestick streak.
On the 4H chart, the meme coin reveals a rounded bottom pattern with a neckline at the all-time high of $0.0057. According to trend-based Fibonacci levels, the DOG price reversal could reach the $0.010 mark in the coming weeks. Considering the bull run continues, the uptrend of this meme coin could reach $0.050.
Will these meme coins go up 10x?
As momentum builds in the broader market, bullish anticipation around meme coins is becoming intense. Furthermore, the promising price action of these coins offers a great buying opportunity before the bull run begins.