The memecoin sector has recently taken a beating in price terms. However, the crypto coins are ready to bounce back and this could be a good trading opportunity to make massive profits from memecoins.
In this article, we will look at top memecoins to buy now for best gains.
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Table of Contents
Dogwifhat Crypto Price Target
- Price: $1.85
- 24-Hour Change: -2.30%
- 7-Day Change: -29.52%
- Market Cap: $1.84 billion
- 24-Hour Trading Volume: $468.73 million.
Price broke above $2.00 resistance and through the down trendline (see blue line in chart) and made a Higher High – meaning, price broke above prior swing high of $2.37. Higher Lows and Higher Highs are signs of Uptrend.
We would be buyers on pullback to $1.50 support, which held up a few times in recent months. Price could revisit $3.50 next for +40% potential upside. Stop Loss at $1.30.
Weekly Price Analysis
- Opening Price (Week Start): $2.62
- Lowest Price: $1.50
- Highest Price: $2.62
Price broke above $2.00 resistance and through the down trendline (see blue line in chart) and made a Higher High – meaning, price broke above prior swing high of $2.37.
Higher Lows and Higher Highs are signs of Uptrend. We would be buyers on pullback to $1.50 support, which held up a few times in recent months. Price could revisit $3.50 next for +40% potential upside. Stop Loss at $1.30.
ApeCoin Crypto Price Target
- Price: $2.85
- 24-Hour Change: -1.15%
- 7-Day Change: -5.50%
- Market Cap: $1.20 billion
- 24-Hour Trading Volume: $250 million
Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern and above $0.80 resistance, which could signal at least a temporary bullish trend reversal. Upside potential to $1.00 for a +25% gain.
Stop Loss at $0.63, just below prior swing low. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend.
Weekly Price Analysis
- Opening Price (Week Start): $3.00
- Lowest Price: $2.70
- Highest Price: $3.05
Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher.
Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Shiba Inu Crypto Price Target
- Price: $0.000009
- 24-Hour Change: -0.50%
- 7-Day Change: -10.00%
- Market Cap: $5.00 billion
- 24-Hour Trading Volume: $500 million
Price is in a downtrend, trading below 200-day moving average. We wait for price to regain this critical level and break out of Falling Wedge to signal resumption of Uptrend, with upside to resistance of $0.000028 for +33% gain.
Weekly Price Analysis
- Opening Price (Week Start): $0.000010
- Lowest Price: $0.0000085
- Highest Price: $0.0000105
Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher.
Emerging trading patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
For on-demand analysis of any cryptocurrency, join our Telegram channel.
