Top Meme Coins MEW, BONK, BRETT With Massive 2x Upsides
The post Top Meme Coins MEW, BONK, BRETT With Massive 2x Upsides appeared first on Coinpedia Fintech News
With a bullish continuation in the meme coin sector, the crowd-driven tokens remain the choice of investment in 2024. As the second half of 2024 begins with a slightly better sentiment compared to Q2, the bull run in these high-performing coins could extend.
Amidst the top performers, the BONK, BRETT, and MEW are ranking high at 24H levels. With chances of a 2X surge this month, potential buy-low-sell-high positions are visible in these tokens.
MEW Token Within Triangle Teases Bullish Break
With declining volatility, the MEW token shows a triangle formation in the daily chart. Taking support from the 23.60% Fibonacci level, a double-bottom reversal teases an upcycle in the meme coin.
Bolstering the bull cycle, the MACD and signal lines give a positive crossover as the meme coin is up by 17% in 4 days. Further, the MEW token price surpasses the 38.20% Fibonacci level, marking a potential surge to the 50% level at $0.005387.
As the crypto market improves, the meme coin can surge past the overhead trendline for a breakout rally. With the additional momentum, the uptrend can surpass the psychological mark of $0.010 to hit the 1.618 Fibonacci level at $0.012.
Massive Upside In BONK Price Upto $0.00008321
Following the bullish reversal leading to a channel break, the BONK price forms a massive candle with a 12% surge. Surpassing the $0.000025 mark, the meme coin could shortly challenge the 50% Fibonacci level at the $0.000032 mark.
With a bullish engulfing candle and increased trend momentum due to the channel breakout, the BONK is promising massive upside potential.
Further, the bullish crossover in the MACD and signal lines bolster the upcycle starting from the long-coming support trendline.
As per the Fibonacci levels, the bullish trend can reach the previous peak above the psychological mark of $0.000050. Further, an upside target at the 1.618 Fibonacci level is possible at the $0.00008321 mark.
Will The New Meme Coin BRETT Surge 2x in July?
With an impressive uptrend, the BRETT token price remains in a bull run. The uptrend forms a crucial support trendline with the dynamic 50 and 200 EMA following the higher low formations in the 4H chart.
Following the triangle breakout, the breakout rally takes another dip to the trendline for a fresh bounce back. The meme coin is up by 22% within 10 days and eyes to surpass the $0.20 mark for a new all-time high.
According to the trend-based Fibonacci levels, the BRETT token could reach the 1.618 level at $0.35. Currently, the meme coin trades at $0.16, having jumped 7.25% this week.
