LIVE**PEPE, FLOKI, BONK Price Analysis Hints at a Bull Run**
The top-performing meme coins $PEPE, $FLOKI, and $BONK are experiencing significant boosts from the market. Here's a detailed price analysis of these coins, indicating a potential rally this month.
**PEPE's Post-Retest Rally**
On the daily chart, PEPE saw a massive overnight surge of 24.63%, forming a bullish engulfing candle after a successful retest of the 50% Fibonacci level. With a market cap of $4.65 billion, PEPE ranks 24th in the crypto market. Its trading volume soared by 182% to $2.24 billion in 24 hours, indicating increased buying activity. Despite closing strong at $0.00001142, an intraday drop of 2.90% suggests minor correction and buyer exhaustion.
**FLOKI's Breakout Run**
FLOKI's price jumped by 11.61% last night, forming a bullish engulfing candle and challenging the 50% Fibonacci level. The coin is showing higher highs following a double bottom breakout, hinting at a potential bull run. Momentum indicators like RSI and DMI support this positive trend, driven by increased demand. With a market cap of $2 billion, FLOKI could potentially reach the 1.618 Fibonacci level at $0.00040. Traders might find an entry point if the price exceeds $0.00021.
**BONK's Rally**
The Solana-based meme coin BONK saw a 21% increase last night, indicating a new bull run. The coin's breakout rally is gaining momentum, with a 10% jump overnight challenging the 50% Fibonacci retracement level. The 4-hour chart shows a golden crossover, enhancing the uptrend possibility. According to Fibonacci levels, BONK's uptrend could reach $0.00005877 or the 1.618 Fibonacci level.
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