With the meme coin industry signalling the start of a new altcoin season, the top-performing meme coins showcase no signs of pullback. Further, with the Bitcoin price crossing the $65,000 mark, the industry is on the brink of a new all-time high.
As investors prepare for a memecoin rally, let’s have a closer look at their price charts for a deeper analysis.
Is A 50% Jump Possible In PEPE Price This Week?
With the astronomical leap of 331% last week, the PEPE price trend is trading at its all-time high, resulting in one of history’s biggest and quickest trend reversals. Undermining the previous pullback phase and surpassing the previous peak, the increased trading volume bolsters the bullish phase.
Source- TradingView
Currently, the meme coin trades at $0.00000736988 with an intraday jump of 24%, continuing the streak of bullish engulfing candles. With this increase in buying pressure, the trading volume hits the $3.25 billion mark, with a 144% 24H increase.
As per the Fibonacci and pivot levels, the bulls challenge the 1.618 Fib level at $0.00001146 as the next target.
Will FLOKI Price Sustain Momentum To Touch $0.00020?
Breaking above the ascending triangle pattern, the FLOKI price trend displays a huge breakout rally. With almost a 300% jump last week, the meme coin is on a bull run and sustains the momentum.
Currently, the FLOKI price trades at $0.00016 with an intraday growth of 12.73%; it is consecutively making green candles.
Source- TradingView
Placing the Fibonacci levels over the recent weekly candle, the 1.618 Fibonacci level at $0.00021 and the $0.00032 at 2.618 Fib level comes as the next potential target.
