Meme Coin Investors Line Up For These Tokens For The Next Bull Run

Published by

Sohrab Khawas

July 16, 2024

Meme Coins Investors Line Up For These Tokens For The Next Bull Run

The massive demand for these tokens is clear, with the meme coin segment outperforming all the other segments in the crypto world. With the rising FOMO coupled with the broader crypto market recovery, these community-driven tokens project a strong likelihood of a bull run ahead.

As the meme coins have been spearheading all the recovery jumps in 2024, the upcoming surge in the market might see a similar move. So, let’s take a quick look at such must-buy meme coins for the next bull run.

Top Meme Coins To Buy This Week: FLOKI (FLOKI)

With a rounding bottom reversal gaining momentum in the daily chart, the FLOKI price trend reveals a potential bull run ahead. Ready to overcome the 32% drop in June, the 20% surge overnight in the meme coin reflects the readiness charge ahead.

Further, the double bottom reversal in the FLOKI price projects a potential surge to the neckline at the $0.00032 mark. In the short term, the recent reversal challenges the 38.20% Fibonacci level at $0.00018 and prepares for a breakout rally.

As per the Fibonacci levels, the bull run could hit the $0.00041 mark at the 1.618% Fib level in the coming weeks. Furthermore, in the coming week, the upside could hit $0.00025 at 78.60% Fibonacci level.

BRETT (BRETT)

With a bullish reversal, the BRETT token is up by 20% overnight and is ready to end the pullback phase. As the meme coin reverses from the $0.10 psychological mark, the trend-based Fibonacci level helps highlight the next target levels.

With a bullish crossover in the MACD and signal lines and the rising trend in the daily RSI line, the bullish momentum is on the rise. Ready to reach the all-time high peak at $0.18, the meme coin shows the potential to reach $0.26.

Dogwifhat (WIF)

With a breakout rally in motion, the WIF price trend shows a promising bull run ahead this week. Crossing above the $2 mark after the supply zone at $1.90, the meme coin teases a double-bottom formation.

With a neckline at the 50% Fibonacci level, the 24% overnight surge in WIF teases a potential uptrend ahead. Further, the breakout rally can result in a price jump to the $3.556 mark or the 23.60% Fib level.

Also Read: Top 3 Memecoins Analysis, FLOKI, PEPE, WIF Buy Or Sell?

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.