As the crypto bull run unravels, analysts have observed an exciting play on the RCO Finance (RCOF), BONK, and PEPE charts, involving a latent breakout. This emerging price action is a reaction to Ethereum (ETH) crossing the $3,900 mark during a recent trading session. As a result, investors ponder whether these coins could be the best altcoins for the next bull run.
Here, we explore the potential outcome of the recent bullish observation of these top meme coins and altcoins in the ongoing bull market!
RCO Finance Unlocks Access To Advanced DeFi Trading Tools
With decentralized finance (DeFi) gaining traction, fresh innovations continue to take the sector by storm. One of the latest inventions making the rounds is RCO Finance, a decentralized AI-powered trading platform.
RCO Finance intends to usher users into a realm percolated with DeFi-related solutions. For instance, the Real-World Asset (RWA) sector is projected to hit a trillion-dollar valuation by the decade’s end. As a result, RWA tokenization has become a fad, although limited in scope.
This limitation will be lifted with the presence of RCO Finance, which seeks to lead the Real-World Asset (RWA) tokenization revolution.
Its artificial intelligence technology and machine learning capabilities present it as a futuristic project poised to stretch through time. This AI-ML capability suggests that RCO Finance does not necessarily require human interference.
In fact, RCO Finance’s AI robo advisor is meant to introduce investors to strategic investment opportunities for maximum gains.
BONK Sees a 100% Price Rally Due to a Rising Channel Pattern
The one-hour chart for the Bonk coin reveals a bullish engulfing candlestick following a 35% uptick the previous week. Simultaneously, analysts have spotted a rising channel pattern on BONK’s daily time frame, suggesting a breakout might be in the cards.
With Ethereum (ETH) surpassing $3,900 again, this anticipated breakout may soon play out.
On the technical front, the Fibonacci indicator was used to gauge the price range BONK will likely trade following the breakout. After careful analysis, the Fibonacci lines hint at BONK reaching the 1.618 level at $0.000082.
If sufficient bull power is available, BONK could take on the $0.00010 price point, a psychological resistance zone. BONK trades at $0.000031 after falling 7.8% over the last seven days. Hitting $0.000082 will see the meme coin soar by 162.8% from its current price.
PEPE to Hit $0.000031 as a 78% Surge is Likely On the Horizon
PEPE recently cracked an all-time high at $0.0000172 after experiencing a meteoric surge in its market value. This rally drew attention to the Pepe coin, with several investors who aped into the coin before the explosive move, copping significant returns.
However, the frog-themed meme coin has witnessed a slight correction, which analysts opined may end soon.
Currently, Pepe is trading around the 1.618 Fibonacci level, with an impending rally in the works. Following the recent PEPE price surge, the meme coin claimed third place on the list of top meme coins on CoinMarketCap, trailing Shiba Inu (SHIB) and Dogecoin (DOGE).
With sentiment arising that PEPE could displace SHIB to become the second-largest meme coin, the crypto asset must double its $7.50 billion market cap to outrun Shiba Inu’s $14.42 billion market capitalization.
Notably, PEPE trades at $0.0000104, down 18% from its all-time high. The $0.000031 projection will see the meme coin increase by 78%.
RCOF Eyes $0.6: An Opportunity For A 4,500% ROI
Like BONK and PEPE, RCOF also aims to hit an ambitious price target of $0.6 at the climax of its presale. From its current price of $0.0127, investors can bag more than 4,500% returns on their investments. Therefore, a $500 investment in RCOF could become $20,000 upon its exchange debut. We believe this forecast presents RCO Finance as one of the best altcoins to buy now.
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