A surprisingly bullish turn in these selected meme coins amid the broader market crash teases a strong recovery ahead. As the market anticipates a quick reversal this week, as no significant news fuels the crash. These meme coins could skyrocket at the earliest signals of broader market recovery.
So, let’s take a closer look at these rising meme coins for a bull run in a crashing market.
Meme Coins Worth Buying In This Crash:
BRETT (BRETT)
Despite a falling channel in the daily chart, the BRETT price shows a shift in sideways momentum as the bulls hold the $0.07722 fort. However, the consolidation has grown with the recent bull cycle, which has failed to reach the overhead trendline.
As the broader market corrects, the meme coin fell 18% in the last four days and made four consecutive red candles. Currently, the buyers hold dominion over $0.07722 and tease a potential bounce back. Further, the growing bullish divergence in the RSI line supports the uptrend chances. A bullish reversal can test the overhead trendline at $0.12.
FLOKI (FLOKI)
With a clearer bullish trend in motion, the daily chart of FLOKI meme coins shows a breakout rally gaining momentum. With a post-retest rally of a falling channel breakout, FLOKI is making a bullish candle in a crashing market.
Currently, the FLOKI price is making a bullish engulfing candle with a 5% surge and trades at $0.0001543. As the bullish momentum resurfaces, the FLOKI price uptrend eyes the previous peak at the $0.00020 mark.
Optimistically, the bull run in the meme coin fueled by the potential market bounceback could challenge the 52-week high at $0.00034.
Dogwifhat (WIF)
Similar to the other meme coins, the WIF price trend shows a prevailing bearish influence with a falling channel in motion. However, the memecoin shows a bull cycle starting with the channel pattern teasing an extended breakout run.
With a bullish trend in the MACD indicator and the daily RSI line above the halfway line, the buyers prepare for action. The bull cycle accounts for a 41% surge before a 3-day fall of 18%.
Currently, the WIF price is trading at $1.59 with an intraday gain of 1.30%. As the bulls resurface, the meme coin can reach the $2 ceiling with improved breakout chances and $2.52 on the radar.
