World

Bitcoin

Highstreet

Verge

The post <a href="https://coinpedia.org/price-analysis/solana-based-altcoins-surge-whats-next-for-mew-and-high-tokens/" rel="noopener noreferrer nofollow">Solana-based Altcoins Surge! What’s Next For MEW And HIGH Tokens?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
With the increased price volatility in the cryptocurrency market, top tokens have displayed a significant price action in their respective portfolios since the week started. Moreover, the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin price</a>, continues to hold its price above the $71K mark, indicating a strong bullish sentiment.
Furthermore, Solana-based tokens have regained momentum by adding massive valuations to their portfolios within the past few days. Amid increasing bullish influence, will Cat in a Dogs World (MEW) and Highstreet (HIGH) altcoins outperform top tokens this month?
<h2 class="wp-block-heading" id="h-cat-in-a-dogs-world-mew-price-analysis">Cat in a dogs world (MEW) Price Analysis:</h2>
The MEW token has added 37.72% within the past day and 43.19% over the past seven days. Moreover, the memecoin has surged 66.54% in valuation since its inception, highlighting a bullish outlook for the altcoin during the upcoming weeks.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfC5t8QouYHixvUS22N1mv3BW5hzMsPnh5s8bgGW7YkgCefrhmCYWkQZrOpuEHWa37mjpKGHa3nCGevG2jA_7NTCsuArBhymwcy5ldTEAch-WVDdfnboyLqeKj-PRlCAGZge_6y8QsrZ3HU2NmikMJU9aR0?key=HEv4C3FwOgtVb3uJD63Wdg" alt="MEW Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: MEW/USDT
 </figcaption>
</figure>
The SMA constantly supports the price chart in the 4H time frame, suggesting a positive influence for MEW crypto in the market.
The technical indicator, MACD, displays a significant rise, indicating increased buying-over-selling pressure in the crypto space. Furthermore, the averages show a bullish rise, highlighting the Cat in a Dogs World token will continue rising during the upcoming time.
If the market continues to trade under a bullish sentiment, the MEW price will prepare to test its upper resistance level of $0.00700. Conversely, bearish price action could pull the MEW coin price toward its lower support level of $0.004655.
<h2 class="wp-block-heading" id="h-highstreet-price-on-the-verge-of-a-major-breakout">Highstreet Price On The Verge Of A Major Breakout:</h2>
The Highstreet (HIGH) price has added approximately 27% within the past day and 19.50% over the past week. Moreover, the altcoin has recorded a 2X surge within the past 30 days and has a Year-to-Date (YTD) return of 410%, indicating rising interest of investors in it.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfwt_uWE44kdJT1w3lmnUMaGf6yKSmdjLEHJHUM4Jx1uWH2K80uk4LdwAZTGk4TeGlVWHN8ffJlczJvRDJ0Gd44U1sTENeX-SOb2_N2Gu2HEyIMZdvQkH0evZ3x7f3MjUyVZWlpHUI_EwvvC8GWb_ctB82g?key=HEv4C3FwOgtVb3uJD63Wdg" alt="Highstreet Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: HIGH/USDT
 </figcaption>
</figure>
With a trading price of $7.995, a circulating supply of 50,365,992 HIGH tokens, and a market cap of $420.63 Million, the Highstreet crypto has secured the 186th position in the global cryptocurrency market list.
The Relative Strength Index (RSI) records a sharp uptrend in its chart, by breaching the overbought range, indicating a bullish reversal in the crypto space. Moreover, the average displays a bullish curve, suggesting the price will continue gaining value in the coming time.
If the market holds the Highstreet price above the support level of $8, the bulls will regain momentum and prepare to test its upper resistance level of $10 during the upcoming weeks. However, a bearish reversal could pull the HIGH price toward its lower support level of $6 this month.

Solana-based Altcoins Surge! What’s Next For MEW And HIGH Tokens?

Table of Contents

CoinPedia News

Other articles published on Jun 7, 2024

Crypto Schemes Promoters Sued Over $1 Billion Alleged Losses

MoonBag Presale Offers 88% APY Staking Opportunity in 2024 As Slothana And Shiba inu Lag Behind I...

Altcoins: Analyst Predicts These Cryptos To Rally In June

Over 100 Former Federal Prosecutors Call for Release of Detained Binance Executive In Nigeria

Bitdeer Unveils New Bitcoin Mining Chip

BlockDAG’s Strategy Sparks $10 Predictions by 2025; Kaspa and GameStop Ride the Crypto Wave

Join our free newsletter for daily crypto updates!