Analysis
Must Buy Meme Coins Next Week As Bitcoin Nears $65K
Credit : coinpedia.org
With the Bitcoin value hitting the $64,000 mark, the meme cash are again in motion. With a rise in buying and selling quantity, the market cap for meme cash stands at $42.38 billion, with the potential to succeed in the $50 billion mark subsequent week.
The massive development potential within the meme section portends a excessive chance of a 2x rally within the prime cash. So, listed below are the perfect memecoins you should purchase subsequent week.
Finest meme cash to purchase subsequent week:
BRETT (BRETT)
Regardless of a bearish increasing channel on the each day chart, BRETT token value fell 57% from $0.18 to $0.07721. Nonetheless, the latest reversal within the meme coin is resulting in a streak of 5 consecutive bullish candles.
The bull cycle delivers a 30% improve in 5 days and assessments the 50D EMA. Moreover, the meme coin is reclaiming the psychological barrier of $0.10 and is able to problem the resistance trendline.
With the MACD indicator giving a bullish crossover, the BRETT value motion teases a possible breakout. Based mostly on Fibonacci ranges, the uptrend could attain the earlier peak at $0.19156, with the subsequent resistance at $0.4752.
Canine hat (WIF)
With a double backside reversal on the each day chart, WIF value is again in motion because the broader market recovers. The six-day streak of bullish candles marks a optimistic cycle with excessive momentum inside a falling wedge sample.
With the bull cycle, the MACD and sign strains give a optimistic crossover. Nonetheless, the bearish affect of the falling wedge ends in a merger of the 50D and 200D EMA, which teases a loss of life cross.
Nonetheless, the upcycle is difficult the affiliated EMAs and teasing a breakout to check the overhead trendline close to the 23.60% Fib degree on the $2 psychological degree.
POPCAT (POPCAT)
Just like different meme cash, the POPCAT value pattern is discovering an enormous improve in bullish momentum. With an increasing channel on the each day chart, the meme coin has risen 90% over the previous seven days, making a sequence of inexperienced candles.
With a double backside reversal from the 200D EMA, the MACD and sign strains point out a bullish crossover. Moreover, the bull run crosses the 61.80% Fibonacci degree and the $0.75 mark.
In response to the degrees, the POPCAT value may attain the psychological restrict of $1 if the bull run within the memecoin section continues.
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