Memecoins
Top Meme Coin Picks Host Next 10x Wave
Major coins mark a bearish Wednesday as the market takes a short break after a massive boom on Monday. However, one sector of altcoins, meme coins, is chasing higher levels in a volatile market.
With the crypto world predicting an altcoin season soon, meme coins are a great option for massive returns. However, the increased volatility and quick reaction to sentiments make it a riskier option.
Do not worry. We bring a list of the most potential meme coins that will stage the next 10x increase. So let’s look at the price charts and analyze their potential and the likelihood of a rise.
A Breakout Rally for This Coin Meme Teases Bull Run
In the 1D chart, the WIF price trend shows a strong overnight rise of 10.22% to create a bullish engulfing candle. The rising price of the meme coin marks a bullish breakout from the symmetrical triangle and is poised to reclaim $3.
One of the most successful players in the meme coin industry, Dogwifhat, is a new entrant in the market. This highlights the enormous upside potential for WIF price if the uptrend accelerates.
The rally in the event of a triangle breakout could reach the $10 mark within weeks and potentially targets levels above $15 during the altcoin season.
BOME’s escape becomes dizzying
Another strong performer with a 20% jump in the last four days, the Book of Meme token, is on a bullish streak. The breakout of the overhead trendline marks a triangle breakout in BOME price action and exceeds the 50% Fib level.
As the bullish three-candle streak faces a threat near $0.013, the meme coin is ready to challenge the $0.015 mark. Depending on the retracement levels, BOME price could reach the $0.059 mark.
With some optimism, the altcoin season could see a surge in the Book of Meme to levels near the psychological $0.10 mark.
Start of the DOG GO TO THE MOON rally
In a bid to drive mass adoption of Bitcoin, DOG GO TO THE MOON is seeing a bullish recovery. The DOG token price rose 69% to create a three-day bullish candle streak.
In the 4H chart, the meme coin reveals a rounded bottom pattern with a neckline at an all-time high of $0.0057. According to the trend-based Fibonacci levels, the DOG price trend reversal may reach the $0.010 mark in the coming weeks. Since the uptrend continues, the uptrend of this meme coin could reach $0.050.
Will these Meme Coins increase 10x?
As momentum picks up across the broader market, bullish expectations around meme coins intensify. Additionally, the promising price action of these coins provides an excellent buying opportunity before the bull run begins.