These Three Meme Coins Are Flashing Bullish Signals: Analysis - adtechsolutions

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These Three Meme Coins Are Flashing Bullish Signals: Analysis


Briefly

  • Meme coins have a good week, and Fartcoin, Pepe and Dogwifhat see impressive gains.
  • Technical indicators show that these coins could be ready for a bigger jump.
  • As always, these are meme coins, so beware of the customer.

Meme coin traders start their week well, and for those who look at the ladder in search of traces where the coins can go next, there are at least three coins of memes that might look delicious to the merchants they want to cook.

Meme Coin Trading, however, is a risky job, and the sector is known for its wild volatility. Still, for a moment, meme coins are returning to life this week as Dirty rose 17.93% to $ 1.29, leading a wider set he saw Dogwifhat Climb 15.04% and Pepe get 9.60%. Synchronized upward movement comes because Bitcoin traded close to $ 106,000 and the risk returns to cryptocurrency markets after weeks of consolidation.

The quantities of trading exploded in all three tokens, with Fartcoin recorded $ 267 million in a 24-hour volume, Dogwifhat reached $ 640 million and Pepe surpassed $ 1.64 billion, according to Coinmarketcap. The attack of the activity coincides with Fartcoin’s addition of Coinbase’s property folder on June 6 – with unstable momentum on the cryptocurrency market.

King of Mindes, DogecoinIt is traded with the hands of $ 0.1918, for modestly (given how other memecoins are done) 3% of the price.

Technical indicators in the meme coin sector blink more and more bull signals, with key movable average, an average token price for a certain period of time, aligning with potential breakthroughs. As Bitcoin approaches all the time and institutional flows strengthen through the video of ETFs, these high beta assets are positioned for what the next foot of the Crypto Bull market could be.

FartCoin: Signals indicate a turning of a trend

Fartcoin was the best performance coin yesterdayEven today, this is still the best meme coin, with Šiljak 9.5% today for a daily maximum of $ 1.32 before correcting his current price of $ 1.26. The average orientation index or ADX, an indicator that tells the merchants how strong or poor the current trend could be-is increasing, approaching 25 thresholds that confirms the power of trends and the end of bear repairs that reduced the price by 47% after he reached a comprehensive ADX.

50-day exponential movable average (average token price in the last 50 days, often shortened as “EMA”) currently sits at $ 1.10, and the prices of action are comfortable in accordance with this key support level. The gap between the average of 50 days and 200 days is still expanding, confirming the middle -aged bull momentum. This expansion differential is usually signaled under the upward pressure, especially when accompanied by increasing volume.

Key resistance levels are $ 1.30 (direct), $ 1,50 (medium -term goal) and $ 1,61 (main resistance). Support zones include a psychological level from $ 1.00 to $ 1.02. With ADX Trend towards 25 and the swing of squeezing, an indicator that signals the compression of the price before the big trend, shooting bulllish, a daily closure above $ 1.30 could start acceleration towards $ 1.50.

There is an opportunity for arbitration in Crypto Exchange Poloniex, where the coin is traded at $ 1.08, although with smaller quantities.

Dogwifhat (WIF): Moving average alignment for potential breakthrough

Dogwifhat, which trades as a WIF, still shows resistance after testing psychologically important support levels of $ 0.80, and Meme Coin, based in Solana, is now trading $ 1,012.

The technical structure detects the potential to set up a breakthrough. Although the 50-day EMA approximately $ 0.88 provided crucial support during recent corrections, the price price now decisively broke above this level. 200-day Emma sits more than $ 1.15, which means markets are still a bear. However, the narrowing of the gap between these average is revealed, with a faster moving average withdrawing to exceed the slower – classic bull configuration.

The wif of squeezed momentum for WIF shows an interesting pattern: Token recently came out of the compression phase with swing strips that became positive. This, in combination with 15% a day, suggests that customers return with conviction. Volume patterns support this thesis, with $ 650 million in daily trading, which is an increase of 95% compared to previous trade sessions.

Critical levels include resistance in the amount of $ 1.15 (direct), $ 1,40 (main resistance) and $ 1,55 (annually high). Support levels are $ 0.86 (200-day EMA) and $ 0.79 (recently low). A permanent interruption above $ 1.20 would probably start momentum toward $ 1.40, while a failure above $ 1.00 could encourage EMA support again.

Pepe: Ethereum’s leading meme coin shows a measured power

Pepe maintains its position of dominant meme coin based in Ethereum with a market limit of $ 5.36 billion, showing more measured gains compared to its Solana colleagues. Price increases at $ 0.001273 comes with considerable quantities of $ 1.66 billion, indicating participation in a wide level.

Still, there is something interesting. There was a major movement of 1 trillion ash in binans – which could signal a potential token in the near future. Usually, when a large amount of any given coin is sent to a crypto exchange, there are few reasons for this unless it is sold.

The 50-day EMA for Pepe provides dynamic support around 0,000011111151, with current prices above this key level. The 2000000001118 EMA sits a little lower, creating a lightweight zone of the clipboard that usually acts as ultimate support during corrections. This short gap between moving average indicates that the Token is likely to move aside without any larger bull or bears.

Key levels include resistance to $ 0.001309 (immediate), $ 0.00001352 USD (secondary resistance) and $ 0.00001435 (main resistance). Support zones are located at $ 0.001183 (immediate support) and $ 0.00001100 (psychological level). Spots of neutral ADX, widening of swing and price above both EMA suggests the buildup before the next big move.

The following levels of viewing keys: Fartcoin – $ 1.30 USD resistance breakthrough; Dogwifhat – a $ 1.20 resistance test; Pepe – 0,00001309 Challenge Resistance

Waiver

The views and opinions the author expressed only for information purposes and do not represent financial, investment or other advice.

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