bullish

Pepe

Bitcoin

Brett (Based)

<p>The post <a href="https://coinpedia.org/price-analysis/with-a-bullish-reversal-will-these-memecoins-dominate-the-crypto-bull-run/" rel="noopener noreferrer nofollow">With A Bullish Reversal, Will These Memecoins Dominate The Crypto Bull Run?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>With the price of <a href="https://markets.coinpedia.org/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin </a>reclaiming the $61,000 level, the crypto market has recorded a strong bullish recovery over the past day. Moreover, the Memecoin category has added $2.17 Billion in market cap. This contributes to 3.38% of the total inflow of the past day.</p>
<p>Planning on investing in memecoins, but concerned about its future prospects due to its volatile nature?</p>
<p>In this article, we have uncovered the market sentiments, price analysis, and potential short-lived price targets for the top 4 meme coins that have the potential to dominate the upcoming crypto bull rally.</p>
<h2 class="wp-block-heading" id="h-brett-based-brett-price-action">Brett (Based) (BRETT) Price Action</h2>
<p>After trading under a bearish sentiment for the past month, the <a href="https://markets.coinpedia.org/based-brett/" rel="noopener noreferrer nofollow">Brett </a>price has recorded a jump of over 20% within the past 24 hours. Moreover, with a 24-hour trading volume of $94.037 Million and a market cap of $895.59 Million, this meme coin has secured the 69th position in the global crypto list.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdgqIYlbPDW4bPvTXbBgVpVtfGwwibOXV2osF61Srx7YUE1qqPipO9hmUv16t3D35lKcpMWo16cZIRu_fu45V6Xvq42ykCWZmfEC9ZJOe3R4UafkLw1ymrKxDvRhjXAk_P9xL-ldsEcb2896kHDIZg7gCc?key=MSQ5LA9gw6Jhbnc-g_onqA" alt="Brett Price Analysis 20-08-2024">
</figure>
<p>The technical indicator, MACD has displayed a constant flatline in its 1D time frame. However, the averages have recorded a bullish convergence in the BRETT price chart, suggesting a mixed sentiment for the meme coin in the market.</p>
<p>If the market holds the Brett memecoin price above its support level, the bulls will prepare to test its resistance level of $0.12285. Conversely, if the bears overpower the bulls, this coin will plunge toward its low of $0.07395 in the coming time.</p>
<h2 class="wp-block-heading" id="h-dogwifhat-wif-price-action">Dogwifhat (WIF) Price Action</h2>
<p>With a bullish recovery, the <a href="https://markets.coinpedia.org/dogwifhat/" rel="noopener noreferrer nofollow">Dogwifhat </a>price has surged 14.98% within the past day, with a trading volume of $401.144 Million. Despite recording a correction of 37.69% over the past month, this memecoin has rewarded its long-term investors with a YTD of 930.15%.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcI-T905OccFcD2jedduC4FBUuBj5ebdxvzaHdGJD-emqU8rrxj8vQp7XNMSQ89X302bC8RD2xdzH6oxq2jzHjrLZwNoRzBdeHaCtqdofeZ6UxL73vN50zFDCasFIYeT7zAe6vNWh1Qge96mPn2DYYv_qVL?key=MSQ5LA9gw6Jhbnc-g_onqA" alt="WIF Price Analysis 20--8-2024">
</figure>
<p>The RSI indicator has displayed a bullish rise in the WIF price chart, indicating increased buying pressure. Conversely, the EMA 50/200-day shows a high possibility of Death Cross, highlighting uncertainty in the future price movement.</p>
<p>Suppose, the bulls regain power, in that case, the<a href="https://coinpedia.org/price-prediction/dogwifhat-wif-price-prediction/" rel="noopener noreferrer nofollow"> WIF price</a> will head toward its resistance level of $2.10 in the coming time. However, a bearish action could result in the Dogwifhat price retesting its support of $1.240.</p>
<h2 class="wp-block-heading" id="h-floki-floki-price-action">Floki (FLOKI) Price Action</h2>
<p>The <a href="https://coinpedia.org/price-prediction/floki-price-prediction/" rel="noopener noreferrer nofollow">Floki price</a> has continued trading under a bullish sentiment by adding 10.89% within the past day and 3.27% over the past week. Moreover, with a yearly surge of 247.09%, it has secured the 56th position with a market capitalization of $1.207 Billion.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcpwNRa4TR2Qfcsrm9aWaFpMZ1jGLxT40uME3IvoNW_Woz-GTPcSLW2T03P_hrESm-BNuzhKl7U4bJiN_4a2bDZQ2_KJnqQp2okLRWNscaeMbHBEcq4EB21W2R80QlESu94PrbWLjKyAiAX6B40NpQNIGsc?key=MSQ5LA9gw6Jhbnc-g_onqA" alt="Floki Price Analysis 20-08-2024">
</figure>
<p>The Simple Moving Average (SMA) is on the verge of recording a bullish crossover in the 1D time frame, indicating an increase in the buying pressure within the market. Moreover, the MACD displays a constant rise in the green histogram with its average recording a positive crossover.</p>
<p>If the bulls continue gaining momentum, the Floki price will surpass its resistance level of $0.000155 and head toward its upper level of $0.00021435. Negatively, a trend reversal could pull the price toward its crucial support of $0.00010190.</p>
<h2 class="wp-block-heading" id="h-pepe-pepe-price-action">Pepe (PEPE) Price Action</h2>
<p>Reportedly, over the past day, the <a href="https://markets.coinpedia.org/pepe/" rel="noopener noreferrer nofollow">Pepe </a>price has added 8.17% in valuation with a 24-hour volume of $736.58 Million. Notably, since its ATH, the Pepe memecoin has been trading under a bearish influence. This has resulted in it plunging over 53.00% in the past 3 months.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcm_Y3qqotGhLPq-2AGPJSfuLm8TRCUaYvrFRpDaLxicfpsxnV-z_vVeVE5xYJ7dr4ya2xlBWZxET5M_UHoPYAo4P7tRPKdKYY-upl32NnBr15aeKbC1-W-hWeU43G_Pp8T_i5slyB5t6f8ipRqUPBKF7II?key=MSQ5LA9gw6Jhbnc-g_onqA" alt="Pepe Coin Price Analysis 20-08-2024">
</figure>
<p>The Relative Strength Index (RSI) has recorded a bullish rise in its Pepe price action, suggesting an increase in the bullish sentiment. Moreover, the SMA indicator displays a similar trend, suggesting a positive outlook for the Pepe memecoin this week.</p>
<p>Maintaining the price above its support level of $0.00000880 will set the stage for this memecoin to test its upper high of $0.00001150. Conversely, if the bears regain control, the<a href="https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/" rel="noopener noreferrer nofollow"> PEPE coin price</a> will retest its important support level of $0.00000625 in the coming time.</p>

With A Bullish Reversal, Will These Memecoins Dominate The Crypto Bull Run?

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