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.
Top Altseason Picks:
Popcat (POPCAT)
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.
Cat in a Dog World (MEW)
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.
MOG Coin (MOG)
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.
