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Memecoins ready for lift off – $PEPE, $WIF, and $BONK
The post Memecoins ready for lift off – $PEPE, $WIF, and $BONK appeared on BitcoinEthereumNews.com. The crypto sector could be experiencing the calm before the storm. Bitcoin looks as though it is preparing for the next leg up, and a $BTC surge will probably float most boats. If lift off does take place, memecoins $PEPE, $WIF, and $BONK are in prime position to take advantage. Next stage of a raging bull market could be upon us It could be that hushed, quiet period before the storm breaks. Bitcoin rallied a huge amount from its bottom at $53,400, and now the $BTC price is becalmed during this latest pull-back. However, there are signs that the next stage of a raging bull market could soon be upon us. If Bitcoin bursts out of its long-time sideways price range, some of the stronger fundamental altcoins are going to follow, and the memecoin niche is also likely to play a strong role in any upward surging price movement. $PEPE back above bull market trend line Source: TradingView The $PEPE price is back above its bull market trend line. This is a really bullish move, and given that there are now some strong supports below, built on top of previous price structure, the base looks to be set for more upward price continuation. Price targets for $PEPE going forward are $0.00001357, $0.00001518, and the previous all-time high at $0.00001723. $WIF approaches breakout Source: TradingView The $WIF price looks to be ready for breakout. $2.27 has been flipped from resistance into support, and the $WIF price has stopped just short of the downward trend line. The fibonacci levels for the whole of $WIF’s price action since early April, fit beautifully onto the chart. It certainly looks like $WIF will break through the trend line, perhaps with a retest of the $2.27 support before doing so. Upwards price targets would then be…
The post Memecoins ready for lift off – $PEPE, $WIF, and $BONK appeared on BitcoinEthereumNews.com.
The crypto sector could be experiencing the calm before the storm. Bitcoin looks as though it is preparing for the next leg up, and a $BTC surge will probably float most boats. If lift off does take place, memecoins $PEPE, $WIF, and $BONK are in prime position to take advantage. Next stage of a raging bull market could be upon us It could be that hushed, quiet period before the storm breaks. Bitcoin rallied a huge amount from its bottom at $53,400, and now the $BTC price is becalmed during this latest pull-back. However, there are signs that the next stage of a raging bull market could soon be upon us. If Bitcoin bursts out of its long-time sideways price range, some of the stronger fundamental altcoins are going to follow, and the memecoin niche is also likely to play a strong role in any upward surging price movement. $PEPE back above bull market trend line Source: TradingView The $PEPE price is back above its bull market trend line. This is a really bullish move, and given that there are now some strong supports below, built on top of previous price structure, the base looks to be set for more upward price continuation. Price targets for $PEPE going forward are $0.00001357, $0.00001518, and the previous all-time high at $0.00001723. $WIF approaches breakout Source: TradingView The $WIF price looks to be ready for breakout. $2.27 has been flipped from resistance into support, and the $WIF price has stopped just short of the downward trend line. The fibonacci levels for the whole of $WIF’s price action since early April, fit beautifully onto the chart. It certainly looks like $WIF will break through the trend line, perhaps with a retest of the $2.27 support before doing so. Upwards price targets would then be…
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