With a positive monthly close, memecoins kick off the second half of the year on a positive note
BONK price to hit $0.00003; is FLOKI expected to see a 50% increase?
Memcoins are mostly bullish. One of the best performing coins, FLOKI, is on the verge of a bullish price trend
After a few days of consolidation, with Bitcoin hovering around the $62,000 level, will meme coins jump to new highs this week? Let’s see if the FLOKI price prediction will hit $0.0010 at the start of the week.
Currently, FLOKI price is trading around $0.000179 with an intraday gain of 5.4%, forming a bullish candle. Therefore, this increases the chances of a breakout from the accumulation phase, signaling the start of a new bull run.
A bullish reversal from a breakout from the accumulation range could result in a price jump to the $0.00026 mark this week. In addition, the reversal will initiate the formation of a double bottom pattern and may cause the price to jump to the $0.00035 mark. According to the trend-based Fibonacci levels, if the upward trend of meme coins continues, it may jump to the $0.0005650 mark or the 1.618 Fibonacci level.
The cryptocurrency market is changing rapidly, and each trend may become the next outbreak point.
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