Shiba

bullish

Bitcoin

FLOKI

Shiba Inu

With the Bitcoin price inching closer to a new all-time high above the $73,800 mark, the meme coins are expressing a massive uptrend at play. The dog-themed meme coins rank high among the top performers in this bull run.&nbsp;  
Confused as to which meme coin to buy? Here are the top three tokens you should consider buying for a 2x rally in the coming month. So, let's take a closer look at the price chart analysis of these top meme coins ready for a bullish rally.&nbsp;  
<h2 class="wp-block-heading" id="h-golden-crossover-to-push-wif-above-3">Golden Crossover To Push WIF Above $3</h2>  
With a falling wedge breakout rally, the WIF price is revealing a bullish trend at play. While struggling to surpass the 50% Fibonacci level near the $3 psychological mark, the meme coin takes a retest of the 200-day SMA.&nbsp;  
<figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/10/30152337/ygBazKpV-1024x509.png" alt="WIF price chart" class="wp-image-374094">
</figure>  
<a href="https://www.tradingview.com/x/ygBazKpV/" target="_blank" rel="noopener noreferrer nofollow">Tradingview</a>  
With a lower price rejection amid the broader market recovery, the WIF price bounces back and reclaims dominance above the $2.50 psychological mark. Furthermore, it surpasses the 38.20% Fibonacci level and the growing bullish influence teases a golden crossover between the 50-day and 200-day SMA.&nbsp;  
As the bullish trend in the $2.5 billion market cap meme coin gains momentum, buyers anticipate the uptrend to reach the 100% Fibonacci level above the $4.50 mark. On the flip side, the crucial support remains the 50-day SMA near the $2.00 psychological mark.&nbsp;  
<h2 class="wp-block-heading" id="h-floki-set-to-leap-above-38-20-fibonacci-level">FLOKI Set to Leap Above 38.20% Fibonacci Level</h2>  
With a falling channel breakout rally, the FLOKI price trend struggles to surpass the 38.20% Fibonacci level at $0.0001654. Currently, the bullish influence struggles to drive a golden crossover between the 50-day and 200-day SMA.&nbsp;  
<figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/10/30152348/HsnDnzht-1024x509.png" alt="FLOKI price chart" class="wp-image-374095">
</figure>  
<a href="https://www.tradingview.com/x/HsnDnzht/" target="_blank" rel="noopener noreferrer nofollow">Tradingview</a>  
With a four-day streak of bullish candles, the meme coin has increased by 17.53% from its seven-day low of $0.0001254. Surpassing the 200-day SMA and the 23.60% Fibonacci level at $0.001415, FLOKI is ready to challenge the 38.20% level.&nbsp;  
As the broader market recovers, the bullish anticipation grows for a price jump to the apex of the falling channel near the $0.000320 mark.&nbsp;  
<h2 class="wp-block-heading" id="h-shiba-inu-preps-a-92-leap">Shiba Inu Preps A 92% Leap</h2>  
As the second biggest meme coin, with a market cap of more than $10 billion, the Shiba Inu price has increased by almost 20% from its seven-day low of $0.00001583.&nbsp;  
<figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/10/30152423/5cXTa92x-1024x509.png" alt="SHIB meme coin price chart" class="wp-image-374096">
</figure>  
<a href="https://www.tradingview.com/x/5cXTa92x/" target="_blank" rel="noopener noreferrer nofollow">Tradingview</a>  
However, the growing bullish influence has led to a merger between the 50-day and 200-day SMA. Thus increasing the chances of a golden crossover. Further, with the double bottom reversal from the 23.60% Fibonacci level at $0.00001633.&nbsp;  
The meme coin will likely challenge the neckline at the 50% level at $0.00002144. As the bullish momentum increases, Shiba Inu will likely reach the $0.00003591 mark by the end of November.  
Curious to know if Shiba Inu will overtake Dogecoin? Find out more about Coinpedia's <a href="https://coinpedia.org/price-prediction/shiba-inu-price-prediction/" rel="noopener noreferrer nofollow">SHIB price prediction </a>and subscribe to us for the latest crypto updates.

As Bitcoin Nears ATH, Meme Coins WIF, FLOKI, SHIB Eye Major Breakouts

Table of Contents

CoinPedia News

Other articles published on Oct 30, 2024

Investors withdraw over $750M in Ethereum from exchanges

Chainlink Unveils CRE Upgrade to Boost Blockchain Network Integration

Crypto Exchanges in Taiwan Face New Registration Rules As Regulator Steps Up Oversight

Solana Memecoin Lord MAGA Trump to Rally Over 16,000% Ahead of Exchange Listings, While PEPE and ...

Michael Saylor's Legacy: Donating His Bitcoin Wealth to Humanity, Inspired by Satoshi Nakamoto

Next Cryptocurrency to Explode, October 30 — Mask Network, Ethena, Woo Network, Flow

Join our free newsletter for daily crypto updates!