Meme Coins on the Move: Will PEPE, FLOKI, and BONK Bounce Back?
Meme coins have been relatively quiet amidst the recent crypto market surge. While Bitcoin surpassed $65,000, these popular tokens haven't quite mirrored the broader market movement. However, analysts suggest a potential upswing could be on the horizon.
PEPE:
Technical Indicators: PEPE's chart hints at a bullish trend with a falling wedge breakout and rounding bottom reversal complete. The DMI indicator (VI lines and ADX) suggests positive momentum.
Price Target: If the uptrend continues, PEPE could reach $0.000019. However, a drop below $0.000010 could test the $0.00000925 support level.
FLOKI:
Technical Indicators: FLOKI's price action displays a falling wedge rally with a double bottom pattern. The current consolidation suggests a potential breakout.
Price Target: A successful breakout could push FLOKI to the 1.618 Fibonacci level at $0.00040. Conversely, a drop below $0.00019 could signal a reversal towards $0.00016.
BO
NK:
This Solana meme coin has been simmering, but could it be ready to erupt in a price explosion?
Dive in for a deep dive into BONK's chart and to see if it's poised for a moon landing read the full analysis here: https://coinpedia.org/price-analysis/will-meme-coins-like-pepe-floki-and-bonk-give-a-2x-surge/