The post Top Altseason Picks: Must Buy Meme Coins for 2x Gains! appeared first on Coinpedia Fintech News
With Bitcoin price surpassing the $62,000 level, the altcoin market is heating up for the next altseason. As the broader crypto market stands at $2.1 trillion, the altcoin segment is at $873 billion, signaling a 4% surge in the past three days.
In the bullish leg-up, the BTC price has increased by 2.65% over the past 24 hours, recording a 7% surge in a week. As the BTC price bounces back, the meme coins make a run for the next uptrend.
The meme segment market cap reaches $40.38 billion, with a rise of 3.91% in the past 24 hours. While the top meme coins, Doge, Shiba, and Pepe, witness a surge of 3-7%, the trending low-cap tokens are the ones to watch out for.
With a massive jump of 15-20% in the past 24 hours, these tokens are keen on becoming the next big thing in the crypto world. So, without further ado, let’s look at their price charts.
With a triangle breakout run in the daily chart, the POPCAT price trend witnesses a boost in buying pressure. The bull run in the meme coin accounts for a 78% price surge in the last 11 days.
https://www.tradingview.com/x/sg5olZBl
As the Triangle Breakout Rally in PopCat Coin gains momentum, the 50-day EMA is on a bullish trend. Based on the Fibonacci levels, the uptrend in the meme coin surpasses the 78.60% Fibonacci level and is heading towards the psychological mark of $1.
As the Recovery rally gains momentum, the PopCat Coin teases a rounding bottom reversal with a neckline at $0.97. A bullish breakout will reach the 1.618 Fibonacci level at $1.34. Hence, with an upside target of more than 50%, the PopCat Coin is a must-buy meme coin for this altseason.
Wondering if the uptrend in POPCAT will continue above $1 in 2024? Check out now Coinpedia’s POPCAT price prediction for 2024 and years ahead.
With a surge in bullish momentum, the Cat in a Dog World meme coin, MEW, has increased by 29.04% in the recent bull cycle. Taking a bounce back from the $0.0037 earlier this month, the meme coin has increased by 39%.
https://www.tradingview.com/x/OTRnzPb4
With a streak of three bullish candles, the meme coin surpasses the 50% Fibonacci level at $0.0049 and reclaims the $0.0050 psychological mark. The meme coin currently trades at $0.005284 with an intraday gain of 17.04%. It challenges the 67.80% Fibonacci level, teasing a rounding bottom breakout.
A bullish breakout will likely challenge the 100% Fibonacci level at $0.000738. Optimistically, fueled by the broader market recovery, the meme coin could challenge the 1.618 Fibonacci level for a 110% surge. Hence, it is a must-buy meme coin with massive upside potential this altseason.
With a market cap of $388 million, the MOG coin is trading at $0.000001076 with an intraday rise of 13.81%. Reclaiming the $0.0000010 psychological mark, the MOG coin reveals a trend reversal.
https://www.tradingview.com/x/n1Xg2c5N
In the daily chart, the recovery run surpasses the 200-day EMA and challenges the 50-day EMA, along with the 23.60% Fibonacci level. A bullish breakout is likely to change the dynamics as the rounding-bottom reversal forms a cup-and-handle pattern with a neckline at the 23.60% Fibonacci level.
A bullish recovery will delay or avoid a de-looming death cross and potentially reclaim the 50% Fibonacci level at $0.000001525. Conversely, the psychological marks of $0.0000010 and $0.0000080 are crucial support levels.
With the 52-week high trading at a discount of 56%, the upside potential for the meme coin is massive, which puts an upside potential of more than 100%. Hence, the MOG coin is a must-buy meme coin that could be ready to explode this altseason.
The post Top Altseason Picks: Must Buy Meme Coins for 2x Gains! appeared first on Coinpedia.org.