Top Meme Coins Signal 2x Surge In July
Despite Bitcoin trading at $60K levels and Ethereum stuck near $3,300, the meme coins are trending and offer a massive jump. With the top meme coins making a comeback this week, these community and hype-driven coins prepare for a breakout rally.
Following the days of correction leading to bearish patterns and a prominent resistance trendline, the recent reversal teases a significant trend reversal. Considering the bull run continues in these meme coins, the high momentum uptrend can lead to a 2x surge or more in the coming weeks.
DOG (Runes) Under Wedge Prepares 71% Breakout Run
With a pullback phase making a falling wedge in the 4H chart, the DOG price chart reveals a bull cycle in motion. During the pullback phase, the DOG token price dropped by 50% within three weeks from the peak at $0.009768. As the meme coin failed to surpass the psychological mark of $0.010, the downfall took support near the $0.0050 psychological support.
However, with a 15% recovery rally in the recent bull cycle, the uptrend is up against the trendline and the $0.005810 resistance level. With an evening star near the supply confluence, the meme coin struggles for a breakout.
Hence, a reversal within the pattern could retest the $0.0050 mark. However, with the meme coins segment on the rise, the uptrend could reach the $0.010 mark with minor resistances at $0.0066 and $0.0085.
Dog-Themed Meme Coin Floki Eyes 85% Recovery In July
As one of the top-performing meme coins, FLOKI’s price sustains a 372% YTD growth despite a broader market downfall.