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<p>The post <a href="https://coinpedia.org/price-analysis/meme-coin-mania-top-meme-coins-signal-2x-surge-in-july/">Meme Coin Mania: Top Meme Coins Signal 2x Surge In July</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Despite Bitcoin trading at $60K levels and Ethereum stuck near $3,300, the meme coins are trending and offer a massive jump. With the top meme coins making a comeback this week, these community and hype-driven coins prepare for a breakout rally.&nbsp;</p> 
<p>Following the days of correction leading to bearish patterns and a prominent resistance trendline, the recent reversal teases a significant trend reversal. Considering the bull run continues in these meme coins, the high momentum uptrend can lead to a 2x surge or more in the coming weeks.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-dog-runes-under-wedge-prepares-71-breakout-run">DOG (Runes) Under Wedge Prepares 71% Breakout Run</h2> 
<p>With a pullback phase making a falling wedge in the 4H chart, the DOG price chart reveals a bull cycle in motion. During the pullback phase, the DOG token price dropped by 50% within three weeks from the peak at $0.009768. As the meme coin failed to surpass the psychological mark of $0.010, the downfall took support near the $0.0050 psychological support.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfVd-8ck6xlvQDwevzHfpyaEAU-aEVzHvRerw_dWJqScHwWBNgOOYZPwMvoXeacEOfeS8TRAalYANMkFWikmKSQJgenUnZeKCrp_itZrTzpP80DCTsxJT-fCyIg776q1kSIuaJLJyfZRQmjd3JpD_Ziw58H?key=qZYIWNw5F4jVMvCwAcRKaw" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/Tzmy9X0K/">Tradingview</a></p> 
<p>However, with a 15% recovery rally in the recent bull cycle, the uptrend is up against the trendline and the $0.005810 resistance level. With an evening star near the supply confluence, the meme coin struggles for a breakout.&nbsp;</p> 
<p>Hence, a reversal within the pattern could retest the $0.0050 mark. However, with the meme coins segment on the rise, the uptrend could reach the $0.010 mark with minor resistances at $0.0066 and $0.0085.</p> 
<h2 class="wp-block-heading" id="h-dog-themed-meme-coin-floki-eyes-85-recovery-in-july">Dog-Themed Meme Coin Floki Eyes 85% Recovery In July</h2> 
<p>As one of the top-performing meme coins, FLOKI’s price sustains a 372% YTD growth despite a broader market downfall. During the recent sell-off, the meme coin lost 50% of its market cap after the peak formation at $0.0003204.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdr1DDf2mHcV2OGqR1Q1bNBnF3T-uhVVepryT8V60cAHkWsZpKZmFUDbTOaL6b0NFCqNIpHjeRnCnUUwhAjoSyQ0iS3E1OrOOUAgqvFZVbAWCREF5-mrydntj6RHKTX0YQlZbVfJ-1Stj_BKadRGe-hbkgZ?key=qZYIWNw5F4jVMvCwAcRKaw" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/JgvJJdSI/">TradingView</a></p> 
<p>However, with the recent support and lower price rejection at $0.00015, the meme coin teases a rounding bottom reversal. If FLOKI price action manages to lift off from the $0.00015 support, the uptrend could challenge the 78.60% trend-based Fibonacci level at $0.00034.</p> 
<p>Furthermore, with the uptrend and broader market recovery, the FLOKI coin price can reach a new all-time high near the $0.00050 mark.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-falling-channel-in-wif-meme-coin-preps-breakout-run">Falling Channel In WIF Meme Coin Preps Breakout Run</h2> 
<p>With a bearish channel pattern in the daily chart, the pullback phase in the WIF price accounted for an almost 60% drop. However, in the recent bullish cycle from $1.58, the meme coin takes an 18% price jump to challenge the overhead trendline.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXex_ileh-E1NCep7Pp4OFf_Qj1OQx-scVIuueS42-F09niD-rbx41Ou2MhmDCyeNurveOWmbb-B_gbZc8hPcY_uvcF8HA0o3eeThxXNMrbYhJgpHZklHOAYf79Sx14W4bCqEaPoktVms9ZCrQHwakTubz6z?key=qZYIWNw5F4jVMvCwAcRKaw" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/jWOrRywK/">TradingView</a></p> 
<p>With the bull cycle, the WIF price teases channel breakout and the 61.80% Fibonacci level at $2. Further, the recovery rally teases a bullish crossover in the MACD and signal lines, a potential trend reversal signal.&nbsp;</p> 
<p>With the breakout run, the meme coin can reach the present all-time high of $4.58 next month. This will hint at an extended uptrend.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-pepe-reversal-in-step-down-trend-breaks-overhead-trendline">PEPE Reversal in Step-Down Trend Breaks Overhead Trendline</h2> 
<p>As one of the best-performing meme coins, the PEPE price forms an all-time high at $0.000017. However, with the crypto market crash, the frog-themed meme coin takes a step-down approach, making a new resistance trendline.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcVtm6yZAxaRY3uUhbIuHX6t7zsmca9DPYTCWHzS2yYV-Htewp5CPYQXLQtl_j8CmpQeeQgSbgDPUZB-tLABYL6eUJT2L7iCTcw4aewuVZMpMHqIlDV6r62GP-64citLBJ_InzAkMlFAhGa5EzHkylsDxL_?key=qZYIWNw5F4jVMvCwAcRKaw" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/oPRIoChf/">Tradingview</a></p> 
<p>However, the recent bounce back from the 50% Fibonacci level at the $0.00001080 support zone leads to a breakout. As the overhead trendline fractures, the PEPE price suggests a bullish trend reversal.&nbsp;</p> 
<p>If the broader market recovers, the PEPE price breakout rally could surge to a new all-time high level with the $0.000018 breakout. Optimistically, the bull run can reach the psychological mark of $0.000020.</p> 
<h2 class="wp-block-heading" id="h-bonk-channel-breakout-eyes-0-000050">BONK Channel Breakout Eyes $0.000050</h2> 
<p>Like most top meme coins, the BONK price trend showcases a falling channel pattern. However, with the recent turnaround, the BONK price surpasses the overhead trendline. This reversal move starts with taking psychological support at the $0.000020 level.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfb90l3ZTafisPOsX61XBYuToRumNMGVM0JG7rhkLNdcEMqvpm_b4KwODI3pBCIUZ_bfK8q7U3mtBDM7aQZ2f87Km3TI95koDRhXWoetpwxsYs-YK1iSZqJdlmjZ0tdqwLNLOZyngHwYyvoqlocQ6T7MC5I?key=qZYIWNw5F4jVMvCwAcRKaw" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/vh4ernTy/">TradingView</a></p> 
<p>Further, the breakout event brings a bullish crossover in the MACD indicator. And the RSI line jumps from the oversold boundary. Hence, the technical indicators reveal a bullish bounce-back.&nbsp;&nbsp;</p> 
<p>If the meme coins sustain an uptrend, the BONK price can reach the $0.000040 peak before heading to the psychological mark of $0.000050,&nbsp;</p>

Meme Coin Mania: Top Meme Coins Signal 2x Surge In July

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