The post FLOKI And WIF, The Top Meme Coins, Prepare A Bullish April! appeared first on Coinpedia Fintech News
With the meme coins and the AI cryptocurrencies bouncing back from the hits of minor pullbacks, the crypto market signals a recovery rally. Amidst the quick jumps in meme coins, the WIF price breakout and the FLOKI price reversal are some of the main highlights for sideline traders.
As the investors wait for the right moment to time the bullish surge, here are the key levels to watch out for in these coins. So, let’s have a look at their price charts for a detailed analysis.
Will The WIF Meme Coin Surge To $5?
The Dogwifhat price trend shows a massive reversal spot as the meme coins mania gains momentum. Breaking above the recent peak of $3.50, the WIF price surpasses a critical psychological mark and forms a new ATH.
With an almost 70% surge in the last six days, the trend momentum and the WIF price are on an uphill journey. Stretching the upper Bollinger band, the meme coin price is hitting the brakes for a retest event.
With a post-retest reversal, the WIF price could start the month of April on a strong bullish note. Considering the buyers pulled the retest through, the altcoin could hit the trend-bassed Fibonacci level target of $5.129.
Will FLOKI Price Reversal Lead To 50% Fib Level Breakout?
Concluding the recent pullback, the FLOKI price piggybacks on the recovering market momentum. With a bounce back from the confluence of a rising support trendline and the $0.00018 demand zone, the meme coin is back in action.
Further, the altcoin shows a significant rounding bottom pattern forming in the 4H timeframe. With a trend continuation pattern, the FLOKI price aims for a breakout rally to continue the prevailing uptrend.
As per the trend-based Fibonacci level and the neckline of rounding bottom, the $0.00030 is a crucial resistance level. Considering the uptrend in FLOKI surpasses $0.00030, the meme coin could hit the $0.00043 mark.
Conclusion
With the increasing interest in meme coins, the FLOKI and WIF price action are preparing for the next massive rally. Further, the altcoin season is imminent, with April bringing the Bitcoin halving closer. Under such conditions, there is a market-wide anticipation of a massive rally in the meme coins.