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dogwifhat

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<p>The post <a href="https://coinpedia.org/price-analysis/top-memecoins-to-stack-as-crypto-market-turns-bullish/" rel="noopener noreferrer nofollow">Top Memecoins To Stack As Crypto Market Turns Bullish!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>With the price of <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> successfully reclaiming the $67K mark, mid-cap altcoins have displayed a strong bullish reversal in their respective portfolios. Moreover, memecoins have displayed a similar price action by adding significant value to their respective portfolios.</p>
<p>Scroll down as, in this article, we have covered the top 2 memecoins that have the potential to dominate the memecoin mania during the upcoming crypto bull run.</p>
<h2 class="wp-block-heading" id="h-dogwifhat-wif-price-analysis">Dogwifhat (WIF) Price Analysis:</h2>
<p>Amid increased bullish sentiment, the <a href="https://coinpedia.org/price-prediction/dogwifhat-wif-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">WIF price</a> has recorded a jump of 6.79% within the past week and 29.49% over the past 30 days. Further, with a YTD return of 1,598% and a market cap of $2.591 Billion, this memecoin has secured the 33rd position in the global crypto list.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfpHUwyQVlNsE45NhU_7hRNBS-WtZMHXgXO9Slxtcy8dhrAP8SCVaMmk4LMdki7aNPbZe7NinKfHaiKr0Gb9H-S2eESB664skBf5T2iyKidrR9wqRzs9DdHZ5jPnzhBy3xRIN0Lcd1Actw5P-C0QEYSlcvn?key=tuN_TjyOSYBkn5vrbO4_TQ" alt="Dogwifhat Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: WIF/USDT
 </figcaption>
</figure>
<p>The SMA indicator has displayed a bearish crossover in the D time frame. Further, the technical indicator, MACD, shows a constant decline with its averages recording a neutral trend. This indicates a weak price action for the memecoin in the market.</p>
<p>If the market regains momentum, the WIF price will break out of its resistance level and head toward its upper high of $4. However, in case of a bearish action, the <a href="https://markets.coinpedia.org/dogwifhat/" target="_blank" rel="noopener noreferrer nofollow">dogwifhat price</a> could plunge toward its low of $2.</p>
<h2 class="wp-block-heading" id="h-bonk-bonk-price-analysis">Bonk (BONK) Price Analysis:</h2>
<p>The second most successful memecoin of the Solana chain, the <a href="https://coinpedia.org/price-prediction/bonk-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bonk price</a> has added 22.37% to its valuation within the past 30 days and has surged approximately 110% this year. Moreover, this memecoin has successfully tested its important support level of $0.0000270, indicating a strong bullish sentiment.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdBoxeb82XQbZanI5u3VkWY5k4nZlF8WqbuAqNVbIGeUyPde_eTAtK4bIZmPqaDOsND6ieWcUxoJIaSBhhkGEMTZVTtBegUHPruUc60l0NK76grE0F7fgUwFKSC5bJICTl90PM0TjshE_caSVxQWhTV0Dg?key=tuN_TjyOSYBkn5vrbO4_TQ" alt="Bonk Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: BONK/USDT
 </figcaption>
</figure>
<p>The Relative Strength Index (RSI) has retested its mid-point and is on the verge of recording a bullish crossover in the 1D time frame. This suggests a high possibility of a bullish reversal during the upcoming weeks.</p>
<p>If the market holds the <a href="https://markets.coinpedia.org/bonk1/" target="_blank" rel="noopener noreferrer nofollow">BONK price</a> above its important support level of $0.0000270, the bulls will prepare to test its upper resistance level of $0.00003390. Conversely, if the bears regain momentum, the memecoin will plunge toward its low of $0.00002125.</p>

Top Memecoins To Stack As Crypto Market Turns Bullish!

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