FLOKI

Dogecoin

Billion

Coin

The post <a href="https://coinpedia.org/price-analysis/meme-coins-doge-pepe-floki-ready-for-extended-bull-run/">Meme Coins DOGE, PEPE, FLOKI Ready For Extended Bull Run?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
The altcoins are presenting a stronger stance this week after the Halving weekend. With a bullish reversal and a 2.47% jump in the total market cap of altcoins, the meme coins are stepping into the limelight. 
Amidst the top performers, the blue-chips coins make a conservative move, and the low-cap altcoins are rising fast. Even in the meme coins, a similar situation is visible. With <a href="https://markets.coinpedia.org/pepe/">PEPE</a> and <a href="https://markets.coinpedia.org/floki/">FLOKI</a> taking a jump, the <a href="https://markets.coinpedia.org/dogecoin/">DOGE</a> and <a href="https://markets.coinpedia.org/shiba-inu/">SHIB</a> are waiting for an additional boost with overall market recovery.&nbsp; 
Will the meme coins make a jump this week for a new bull run?&nbsp; 
<h3 class="wp-block-heading" id="h-the-1-meme-coin-hints-at-a-comeback">The #1 Meme Coin Hints At A Comeback</h3> 
With a massive market cap of $23.36 Billion, Dogecoin ranks as the biggest meme coin and the 8th biggest altcoin. Trading at $0.1622, the <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/">DOGE price</a> trend shows a 26% drop this month from the peak of $0.2198 last month.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" width="1600" height="796" src="https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712.png" alt="" class="wp-image-292978" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712.png 1600w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712-150x75.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure> 
<a href="https://www.tradingview.com/x/tZIwUAWR/">Tradingview</a> 
Under a correction phase, as the overall market lacks bullish momentum, the DOGE price action forms a falling channel. Further, the 4H chart showcases a death cross, reflecting a solid bearish reversal possibility.&nbsp; 
However, the ongoing recovery from the bottom trendline teases a jump to the overhead trendline. The uptrend will even have to face the 50% trend-based Fibonacci level.&nbsp; 
Optimistically, a breakout rally will lead to a moonshot move in Dogecoin and a reclaim of the psychological mark of $0.20.&nbsp; 
<h3 class="wp-block-heading" id="pepe-pepe">PEPE (PEPE)</h3> 
Despite a weak bullish move in Dogecoin, this frog-themed meme coin offers a high likelihood of a bull run. With a $2.75 Billion market cap, PEPE stands in the top 50 altcoins. Trading at $0.000006556 and an intraday jump of 9.83%, the recovery rally in PEPE teases a breakout rally.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" width="1600" height="796" src="https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-713.png" alt="" class="wp-image-292979" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-713.png 1600w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-713-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-713-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-713-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-713-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-713-150x75.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure> 
<a href="https://www.tradingview.com/x/Rp2MpxBR/">TradingView</a> 
Following the bull run in early March, the meme coin undergoes a correction in the falling channel. However, the bullish recovery in the channel, accounting for a 33% jump in 5 days, teases a breakout shortly. 
As the meme coin resurfaces above the 50D EMA, the sideliners anticipate an upside beyond $0.0000070. Optimistically, the breakout rally could reclaim the psychological mark of $0.000010.&nbsp; 
Also Check Out : <a href="https://coinpedia.org/news/memecoin-mania-heres-how-trader-turned-1-49-million-in-2-days/">Memecoin Mania : Here’s How Trader Turned $1.49 Million in 2 Days</a> 
Floki Inu (FLOKI) 
Ranking amongst the top performers at the start of this week, the <a href="https://coinpedia.org/price-prediction/floki-price-prediction/">FLOKI price</a> trend showcases a comeback. With a bullish reversal accounting for a price jump of 40% in the last four days, the meme coin hints at an extended bull run.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" width="1600" height="796" src="https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712.png" alt="" class="wp-image-292977" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712.png 1600w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/22130429/image-712-150x75.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
</figure> 
<a href="https://www.tradingview.com/x/MTA2LBLT/">TradingView</a> 
Similar to the rest of the meme coins, the 4H chart shows a falling channel in the FLOKI price trend. Further, a death cross occurred during the correction phase. However, the ongoing bull cycle teases an extension beyond 200 EMA and challenges the overhead trendline.&nbsp; 
Also Read : <a href="https://coinpedia.org/price-analysis/top-altcoins-to-stack-this-week-post-bitcoin-halving/">Top Altcoins to Stack This Week Post Bitcoin Halving</a> 
In case of a bullish breakout, the FLOKI price could hit the trend-based 50% Fibonacci level at $0.00030 mark.&nbsp;

Meme Coins DOGE, PEPE, FLOKI Ready For Extended Bull Run?

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