Rally

bullish

Bitcoin

POPCAT

<p>The post <a href="https://coinpedia.org/price-analysis/will-mew-popcat-bonk-meme-coins-rally-give-2x-returns/">Will MEW, POPCAT &amp; BONK Meme Coins Rally Give 2x Returns?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Amid the increasing talks around emergency rate cuts and a recovery in the US and global markets, <a href="https://markets.coinpedia.org/bitcoin/" target="_blank" rel="noreferrer noopener">Bitcoin</a> is back above $57K. As the crypto market leader bounces back, the meme coins are quick to capitalize on the bullish sentiment.&nbsp;</p> 
<p>Amid the recovery, MEW, POPCAT &amp; BONK are the top performing meme coins with massive upside potentials. Will these highly volatile coins known for sharp and fatally cutting moves give a 2x rally? Let’s look closer at these meme coins to determine the risk and reward involved.</p> 
<h2 class="wp-block-heading" id="h-top-meme-coins-to-buy-cat-in-a-dogs-world-mew">Top Meme Coins To Buy: Cat in a Dogs World (MEW)</h2> 
<p>With a massive bullish engulfing candle, the MEW token shows a V-shaped recovery from the low of $0.0040. Following the overnight jump of 42%, the meme coin reclaims the $0.0060 mark with an intraday move of 2.74%.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdKSu2H84q8LzKmFwrn9CF-Dy4bIOSiYQKY0ZSl8LSuMfJPBRH7NeYfywHg8EObWtfKu7tZ0JYvG62FlSAFxCQSxv4U7dGd2zn4ixYjpHAT8GgZFKwZdTs17bBpA1NLqR0EfkXX37vcPPYB5ankwKDXhCHF?key=JUTmgtd4UygyisecQuu9og" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/630cMkvC/">TradingView</a></p> 
<p>Furthermore, the MEW token surpasses the 61.80% Fibonacci level at $0.0056, signaling a strong bullish comeback. As the broader market recovers, the MEW token aims for the 1.618 Fib level at $0.0111, an 85% rise from the current market price.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-popcat-popcat">POPCAT (POPCAT)</h2> 
<p>With a quick reversal from the $0.37 level results in an evening star pattern in the POPCAT price trend. The bullish reversal from a crucial support trendline propels the meme coin by 117% from the low of $0.25 during the crash.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc-qfyv2qShniV0P4ROyD7POdIQcEOmH9BOFAlygGrKtL0XA3DIJNwRfI9vZNtYNdV9dknU1lzW30IjTOpD9j-4n9s04_v6IORIZVR-jhX-JKSggNuA9nTzsZTferzZrT2BLaUF5BjXmH2Ecpj53mTBXxT0?key=JUTmgtd4UygyisecQuu9og" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/TMjBHb1y/">TradingView</a></p> 
<p>Furthermore, the POPCAT price trend shows an expanding channel in the 1D chart. The bullish reversal ends the correction phase and reclaims the short-term 23.60% Fib level.&nbsp;</p> 
<p>Optimistically, an uptrend continuation could pump the meme coin price beyond $1. As per the Fib levels, the 1.618 Fib level at $1.3372 is a potential target for almost a 150% rise.&nbsp;&nbsp;</p> 
<h2 class="wp-block-heading" id="h-bonk-bonk">BONK (BONK)</h2> 
<p>Along with the cat-themed coins, <a href="https://markets.coinpedia.org/bonk1/" target="_blank" rel="noreferrer noopener">BONK</a>, a dog-themed meme coin based on Solana, teases a trend reversal move. The <a href="https://coinpedia.org/price-prediction/bonk-price-prediction/" target="_blank" rel="noreferrer noopener">BONK price</a> is quick to resurface above the broken trendline after forming a low of $0.00001552.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfEbUJORllI2TMOaDGc0OJckUO7jZevJOOXP3TjWXuDdSOdVZWftPrlzoYiPLKBkatMhzqCvulxMGe6MuqhdFXI4CBxkUtsdnJzKR2XSUtSVgj_0rXfGnK-lMseimrHUinlWWmMXEmyhyNGJHIW1fSZn5-z?key=JUTmgtd4UygyisecQuu9og" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/RDYGgs6k/">Tradingview</a></p> 
<p>The recovery rally accounts for a 38% rise from the low of the recent crash and teases a bullish comeback. As per the Fibonacci levels, the bull run could hit the $0.000045 peak, a 110% rise.&nbsp;&nbsp;</p> 
<p>Also Check Out: <a href="https://coinpedia.org/price-analysis/crypto-market-displayed-a-strong-bounce-after-the-crash-can-we-expect-bitcoin-price-at-60000-this-week/" target="_blank" rel="noreferrer noopener">Crypto Market Displayed a Strong Bounce After the Crash: Can We Expect Bitcoin Price at $60,000 This Week?</a></p>

Will MEW, POPCAT & BONK Meme Coins Rally Give 2x Returns?

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