With the recent surge in the selling spree in the crypto market, the anticipation of an October rally is limited. However, the recent spike in BTC to $62k resulted in a sudden demand spike for meme coins. Under such conditions, the top three meme coins listed in this analysis are expected to surge higher next week. So, let’s look at these top coins to buy next week.
With a bullish reversal from the $0.00000069 support level, the MOG meme coin shows a V-shaped reversal. The uptrend surpasses the 200-day and 50-day EMA to hit the 61.80% Fib level at $0.000001712.
Amid market correction, the MOG price falls to the 38.20% level at $0.0000013 mark. Nevertheless, the underlying demand leads to a morning star pattern with a 12.69% surge last night.
Based on the Fibonacci levels, if the bull cycle exceeds the 61.80% level, the meme coin can reach the $0.000023544 mark. On the flip side, the crucial supports are at $0.0000013 and $0.0000010.
Following a bullish breakout rally of a falling wedge, BABYDOGE hits the 61.80% Fibonacci level at $0.0000002782. However, the breakout run takes a quick turnaround to $0.0000001800 and is now struggling to surpass the $0.00000020 psychological mark.
With a golden crossover in the 50D and 200D EMA, the BABYDOGE coin shows a potential double-bottom reversal. Based on the Fibonacci levels, the uptrend is likely to hit the $0.00000040 mark if the bullish momentum revives.
Similar to BabyDoge Coin, the DOG coin shows a falling wedge breakout as it asserts dominance at the $0.0020 mark. With lower price rejection and a price jump above the 50-day EMA, the bull run is likely to continue in the meme coin.
With a 14% surge last night, the uptrend in DOG continues with an intraday rise of 6.84%, resulting in the second consecutive green candle. Based on the price action, the range breakout run is likely to hit the $0.0053 and $0.0073 marks. On the flip side, the crucial supports are at $0.0035 and $0.0031.
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