WIF, BONK & FLOKI Prices Attract Massive Gains- Has the Memecoin Mania Begun?

The memecoins started to rise while Bitcoin shows massive stability after the recent Upswing. The bears did not succeed in dragging the levels lower, which suggests that the markets can probably have risen despite the bearish influence. As a result, the prices of Dogwifhat (WIF), Floki and Bonk have succeeded in attracting enormous profit. This is why a Memecoin mania seems to be on hands before a potential altitude season.

Dogwifhat (WIF) Price strives for recovery of 80%

  • The weekly graph of WIF price suggests that the memecoin started a recovery after undergoing a correction
  • The price dropped under the neckline of the double top pattern after a rejection, a few times from the ATH
  • The RSI has caused a bullish divergence, suggesting that the price is between a strong recovery
  • The weekly Gaussian channel, however, has become Bearish, which calls for concern about the next price promotion
  • That is why the WIF price is required to secure $ 0.8 for the weekend, which can make a bearish trajectory and a potential push to $ 1 invalid

Floki -Price can reach $ 0.0001

  • The Floki price has risen above the Beerarish imprisonment, because the recent increase has helped the sign to break the Bearish pattern
  • After breaking over the resistance of the falling parallel channel, the Floki price kept a strong revival and rose above the crucial reach at $ 0.00006858
  • As the volume rises, the CMF also rose above 0 with a steep increase to 0.12, which indicates a huge increase in money flow
  • However, token still has to validate an outbreak that can happen as soon as the price is closed and the trade of the new day above $ 0.00007 starts
  • Once done, it is assumed that the Floki price has a zero from its value and the crucial reach reaches around $ 0.00011.
See also  Router Protocol Integrates Solana for Enhanced Cross-Chain Interoperability

Bonkprijs at a decisive phase-May trigger an increase of 25%

  • The Bonkprijs has reached the neckline of the double bottom pattern and experiences a remarkable withdrawal
  • The RSI has maintained an incremental approach that suggests the rising power of the bulls
  • On the other hand, the Ichimoku -Cloud Net Bullish has become because the price above the cloud has risen, and therefore the cloud could act as a strong support
  • That is why if the Bonk price remains within reach, a breakout can push the price to the resistance just below $ 0.00002, which is weak, resulting in a pullback
  • It is therefore assumed that the Bonk price maintains a consolidated rising trend and increases above the resistance to enter the reach between $ 0.000025 and $ 0.000026

Credit : coinpedia.org