As Bitcoin surpasses $64,000, the meme crypto segment’s recovery from a 30-day low of $37.59 billion stands at a market cap of $52.83 billion. Among the top performers, PONKE, BRETT and BOME are making waves with a sudden revival from hibernation.
With the cryptocurrency market cap rising 2% to $2.19 billion, will these meme coins stage a 2x rally this week? Find out now in Coinpedia’s insightful technical analysis!
Best Meme Coin Picks to Buy:
PONKE
With a market cap of $230 million, the Ponke meme coin has risen 31.52% over the past seven days. Up 2.32% over 24 hours, the Ponke token is currently trading at $0.4144.
Furthermore, the Ponke price action on the daily chart reveals a triangle pattern breakout as it crosses an overhead resistance trendline. With four consecutive bullish candles, the Ponke meme coin has risen 53%, breaking the psychological barrier of $0.40.
It is heading towards the 50% Fibonacci level at $0.4571, which is likely to challenge the $0.694 or the 100% Fibonacci level. That’s why Ponke is a must-buy meme coin as the market rebounds with a sustained recovery rally and huge upside potential.
Book of Meme (BOME)
With an increase of 36.60% in the last seven days, the book of meme BOME meme coin has risen 17.61% in the last 24 hours. With a market cap of $632 million, the BOME token is currently trading at $0.00995.
On the daily chart, the BOME token recovery rally is responsible for a massive 53.84% increase, making for four consecutive bullish daily candles. It is approaching the psychological barrier of $0.010 and has surpassed the Fibonacci level of 1.272 at $0.00876.
The upside targets for the meme coin are $0.00995 and $0.01183, along with the psychological figure of $0.010.
Brett (BRETT)
With a 24-hour gain of 18.08%, the BRETT meme coin is up 27.78% over the past seven days. With a market cap of over $1.12 billion, the BRETT token is currently trading at $0.1138.
In the daily chart, the BRETT meme coin reveals a trend reversal rally that is gaining strength. The bullish comeback is accompanied by a descending channel breakout as it crosses the Fibonacci level of 23.60%.
With five consecutive bullish candles starting with a morning star pattern, the meme coin has risen 34% and reclaimed the psychological barrier of $0.10. Based on the Fibonacci levels, a bullish trend above the 50% Fibonacci level could reach the $0.15 or $0.18 level.
Wondering if the BRETT meme coin will create a new all-time record? Find out now in Coinpedia’s in-depth BRETT price prediction for 2024 to 2030.
Credit : coinpedia.org
