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November 22, 2024
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Meme Coins BRETT, FLOKI, WIF Surge Amid Market Crash

The post Meme Coins BRETT, FLOKI, WIF Surge Amid Market Crash appeared first on Coinpedia Fintech News

A surprisingly bullish turn in these selected meme coins amid the broader market crash teases a strong recovery ahead. As the market anticipates a quick reversal this week, as no significant news fuels the crash. These meme coins could skyrocket at the earliest signals of broader market recovery. 

So, let’s take a closer look at these rising meme coins for a bull run in a crashing market. 

Meme Coins Worth Buying In This Crash: 

BRETT (BRETT)

Despite a falling channel in the daily chart, the BRETT price shows a shift in sideways momentum as the bulls hold the $0.07722 fort. However, the consolidation has grown with the recent bull cycle, which has failed to reach the overhead trendline. 

BRETT price analysis 28th aug 2024

As the broader market corrects, the meme coin fell 18% in the last four days and made four consecutive red candles. Currently, the buyers hold dominion over $0.07722 and tease a potential bounce back. Further, the growing bullish divergence in the RSI line supports the uptrend chances. A bullish reversal can test the overhead trendline at $0.12. 

FLOKI (FLOKI)

With a clearer bullish trend in motion, the daily chart of FLOKI meme coins shows a breakout rally gaining momentum. With a post-retest rally of a falling channel breakout, FLOKI is making a bullish candle in a crashing market. 

FLOKI Price Analysis 28th Aug 2024

Currently, the FLOKI price is making a bullish engulfing candle with a 5% surge and trades at $0.0001543. As the bullish momentum resurfaces, the FLOKI price uptrend eyes the previous peak at the $0.00020 mark. 

Optimistically, the bull run in the meme coin fueled by the potential market bounceback could challenge the 52-week high at $0.00034. 

Dogwifhat (WIF)

Similar to the other meme coins, the WIF price trend shows a prevailing bearish influence with a falling channel in motion. However, the memecoin shows a bull cycle starting with the channel pattern teasing an extended breakout run. 

WIF Price Analysis 28th Aug 2024

With a bullish trend in the MACD indicator and the daily RSI line above the halfway line, the buyers prepare for action. The bull cycle accounts for a 41% surge before a 3-day fall of 18%. 

Currently, the WIF price is trading at $1.59 with an intraday gain of 1.30%.  As the bulls resurface, the meme coin can reach the $2 ceiling with improved breakout chances and $2.52 on the radar. 

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