Memecoins
Top coins MEME BONK, SHIB, FLOKI will increase 2 times this week
With the bull run taking shape in the cryptocurrency market, meme coins are leading the big leaps. BONK, SHIB and FLOKI coins jump overnight and sustain momentum today.
With FLOKI trading at all-time highs, the upside potential of SHIB and BONK attracts further demand. Additionally, bullish price action with support from rising volumes suggests a continuation of the bullish trend in these dog-themed community-driven coins.
Will the rally in these coins continue to gain momentum until reaching a 100% surge this week as broader market conditions improve? Is this the best time to buy meme coins? Let’s take a closer look at the BONK, SHIB and FLOKI price charts to answer these questions.
Coin Eyes Meme by Solana 85% Bull Run
With a bullish support trend line in play, the BONK price trend shows a positive journey in the meme coin. Currently, the price increase challenges the 50% Fibonacci level of $0.00003422.
Furthermore, the BONK price trend shows a positive cycle starting from the support trendline, ready to break out of the air supply zone. Furthermore, technical indicators such as MACD and RSI signal an increase in bullish momentum.
Currently, the meme coin is trading at $0.0000349, with an intraday upside of 5.28% in case of a breakout attempt. If the bullish momentum continues, the uptrend could reach the $0.000063 mark.
40% excursion to the eyes of the morning star of Shiba Inu
After the bullish breakout of the triangle pattern, the SHIB price trend supports an upward movement. Taking support from the long-standing ascending trend line, the meme coin jumps with an intraday increase of 4.27%.
With intraday growth, SHIB price action forms a morning star pattern and increases the chances of an uptrend. As the breakout rally finally gains momentum, the meme coin’s upside potential is HUGE.
If the bullish momentum continues, the Shiba Inu market price could reach $0.00003584 this week, an increase of 40%.
FLOKI At ATH Eyes 2X Surge
With a series of three bullish candlesticks, the FLOKI price trend crosses the $0.00030 mark. Furthermore, the meme coin shows a bullish breakout of a rounded bottom pattern on the daily chart.
Furthermore, the RSI and MACD indicators strengthen the moving uptrend with a surge into the overbought zone or a positive alignment. Currently, the meme coin is trading at $0.0003386 with an intraday gain of 14.79%.
According to trend-based Fibonacci levels, FLOKI price action shows an uptrend ready to challenge the 78.60% level. A breakout rally could touch the $0.00058 mark this week.