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Top 5 Meme Coins to Buy For Next Week as Market Starts a Fresh Bull Run

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2024-07-20 19:36:12387browse

The meme coins spearhead the new recovery phase as the crypto market starts a fresh run with increased bullish momentum. With the improving

Top 5 Meme Coins to Buy For Next Week as Market Starts a Fresh Bull Run

As the crypto market begins a new run with increasing bullish momentum, the meme coins are spearheading the recovery phase. With the upcoming listing of Ethereum ETFs on June 22nd improving sentiments, the FOMO rally in the market is picking up pace.

In anticipation of bullish days ahead, several meme coins are expected to shoot up. Here's a quick look at some of the top trending meme coins likely to witness a high momentum rally.

Top Meme Coins To Buy For Next Week

1. MOG (MOG)

Continuing the bull run within a rising channel, the MOG price trend showcases a successful retest that concludes with a 16% surge. This price jump created a bullish engulfing candle.

On the MOG price chart, a bullish trend is highlighted by the MACD, signal lines, and 50D EMA as the meme coin approaches the 2.618% Fib level. Currently, MOG is trading with an intraday pullback of 3.15%.

Optimistically, the bull run could reach the $0.0000030 mark before heading higher to the $0.0000050 psychological milestone.

2. PEPE (PEPE)

One of the best performing, most-trending, quick rise-to-fame meme coins, PEPE is up for grabs. With a pullback channel breakout, the meme coin surpasses the 50D EMA as it bounces from the 200D EMA.

A morning star pattern and a 9% surge prepared the PEPE price to challenge the 50% trend-based Fibonacci level at $0.00001429. The meme coin hints at an inverted head and shoulder pattern with a neckline at $0.00001286.

As per the trend-based Fibonacci levels, the meme coin could hit the $0.000020 mark.

3. Dogwifhat (WIF)

Similar to the top trending meme coins, WIF price is recovering from a pullback phase and reveals a breakout rally ready to gain traction. With the 4.29% surge, the WIF price has increased by 65% within ten days.

The price is set to overcome the $2.50 psychological level. A pullback from the 50D EMA followed by a breakout from the pullback channel completes at the 50D EMA.

Moreover, the double bottom reversal from $1.47 breaks the neckline at $2.25. Thus, the breakout rally in the WIF price could shortly challenge the 50% trend-based Fib level at $3.62.

4. FLOKI (FLOKI)

With the double bottom reversal in the broader picture, the FLOKI price trend is gaining momentum to challenge the neckline at $0.00032. The meme coin surpasses the 50D EMA and the 38.20% Fibonacci level.

A bullish crossover between the MACD and signal line gains momentum as the FLOKI price heads to the 50% retracement level.

As the broader market conditions improve, the FLOKI price could hit the $0.00032 mark. Continuing the breakout rally can pump the prices to $0.00041 or $0.00050.

5. Bonk (BONK)

Picking pace after the reversal from a strong trendline in the daily chart, the BONK price has increased by 50% within a fortnight. The bull run surpasses the 50D EMA and challenges the 50% level at $0.00003217 with a massive bullsih engulfing candle.

On the broader timeframe, a higher high formation in the bull run is coupled with a surge in trading volume that could push it to $0.000055.

For a new all-time high, the Fibonacci level reveals a target at $0.00008321 or the 1.618 Fib level.

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