meme coin While the sector marks the beginning of a new altcoin season, the best-performing meme coins are showing no signs of a pullback. Additionally, with Bitcoin price surpassing $65,000, the industry is on the verge of reaching a new all-time high.
When preparing for a meme coin rally, investors should conduct a more detailed analysis to take a closer look at the price charts.
Is a 50% Increase in PEPE Price Possible This Week?
Koinfinans.com As we reported last week, PEPE Its price reached an all-time high, experiencing a spectacular jump of 331%. This was recorded as one of the largest and fastest trend reversals in history. Increasing trading volume supports this rally, which has surpassed the previous retracement phase and surpassed the previous peak.
Currently, the meme coin is trading at $0.00000736988, experiencing a 24% jump on the day, continuing its bullish momentum. With this increased buying pressure, transaction volume increased by 144% in the last 24 hours, reaching $3.25 billion.
Based on the Fibonacci and pivot levels, the bulls are pushing the 1.618 Fib level at $0.00001146 as the next target.
Will FLOKI Price Maintain Momentum to Reach $0.00020?
Breaking above the ascending triangle formation FLOKI The price trend is showing an extremely impressive breakout rally. Having jumped almost 300% last week, this meme coin is currently on a bull run and continues its momentum.
Momentarily, FLOKI’s price is trading at $0.00016, up 12.73% on the day, and is trending upwards with consecutive green candles.
Placing Fibonacci levels on the last weekly candle, the 1.618 Fibonacci level is $0.00021 and the 2.618 Fib level is $0.00032. These levels can be identified as the next potential target.
