Price: $0.40318 2.9458%
Market Cap: 59.23B 1.8119%
Volume (24h): 10.79B 0.4%
Dominance: 1.8119%
Price: $0.40318 2.9458%
Market Cap: 59.23B 1.8119%
Volume (24h): 10.79B 0.4%
Dominance: 1.8119% 1.8119%
  • Price: $0.40318 2.9458%
  • Market Cap: 59.23B 1.8119%
  • Volume (24h): 10.79B 0.4%
  • Dominance: 1.8119% 1.8119%
  • Price: $0.40318 2.9458%
Home > Information news > Meme Coins Start The Price Rally – How Far Will It Go?

Meme Coins Start The Price Rally – How Far Will It Go?

Release: 2024/07/01 21:47 Reading: 888

Original author:BTC-Pulse

Original source:https://coinmarketcap.com/community/articles/6682a95bd7966d6f5b1258de

Bull Run and Altcoin Season on the Horizon

The crypto market is poised for a potential breakout, with meme coins and altcoins drawing attention. Meme coins, such as BRETT, WIF, BONK, and DOGE, have witnessed price rallies, hinting at explosive growth. Altcoins sit at relatively low prices, ready to surge at any moment. The upcoming days promise significant volatility as these digital assets prepare for a potential breakout.

BRETT (Based) Gains Momentum

BRETT is currently trading between $0.13 and $0.18, showcasing a bullish outlook. Recent statistics indicate a 17.92% increase in the past week and a remarkable 81.75% jump over the past month. The Relative Strength Index (RSI) stands at a promising 65.47, while the Stochastic indicator remains high at 88.57, suggesting strong buying pressure. The coin could break through its nearest resistance at $0.20 and aim for $0.24, a potential 33% increase from its current price.

Dogwifhat (WIF) Surges Ahead

WIF is exhibiting promising signs, with its current price ranging between $1.70 and $2.47. The bulls appear to be in control, as it has risen by over 40% in the last week. With resistance at $2.75 and support at $1.21, if WIF surpasses $2.75, it could climb to $3.52, marking a potential gain of roughly 42%.

Bonk Poised for a Breakout

BONK is hovering between $0.00002 and $0.00003, displaying strong bullish potential. The RSI is near 65, indicating buying pressure, while a high stochastic of approximately 92 suggests overbought conditions. With a recent 20% price increase in one week and a six-month surge of over 77%, BONK shows promise. If it breaches the $0.00003 resistance, it could climb to $0.00004, offering a potential rise of about 33%.

Dogecoin On the Brink of Breakout

Dogecoin is sending mixed signals, indicating a possible bull run. Currently priced between $0.1161 and $0.1307, it is challenging its nearest resistance at $0.1371. With an RSI of nearly 59 and six-month growth at 37.42%, bulls are asserting their strength. However, recent price dips suggest a battle with the bears. If DOGE breaks past $0.1517, we could witness gains up to 24%.

Conclusion

In the short term, meme coins like BRETT, WIF, BONK, and DOGE may experience slower growth. Consider CYBRO, a new player in DeFi, which presents a prime opportunity for early supporters to benefit from favorable conditions. Joining the CYBRO token presale offers a compelling option for those seeking smart investment opportunities in the current market.

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