Memecoin Analysis: Pepe, Bonk, and GME Price Predictions for This Week!!

#altcoins #TopCoinsJune2024 #EarnFreeCrypto2024 #bitcoin #BTC June has kicked off an impressive rally for meme coins, with several popular ones drawing significant buyer interest, leading to massive price increases. A notable event was the return of Keith Gill, better known as Roaring Kitty, who sparked a surge in GME memecoin prices. Furthermore, last week saw significant fluctuations in the prices of Pepe and Bonk coins, suggesting potential for further increases in the coming week.

Pepe price witnessed intense volatility in the last few days as the price faced a strong rejection around the $0.000015 resistance mark. This pushed the price toward the low of $0.0000116. However, buyers defended that level and the price is currently hovering around $0.00001235, declining over 10% in the last 24 hours. the price above the descending resistance line. Although the $0.000016 may present a challenge, it is expected to be surpassed. the PEPE/USDT pair could target a rally towards the strong resistance at $0.0000173.

Conversely, if the bears aim to halt this upward movement, they must rapidly pull the price below the 50-day SMA at $0.0000112. Succeeding this, the pair could decline to $0.00000889 and further down to the crucial support level at $0.00000772.

XRP remains close to its moving averages, suggesting minimal aggressive activity from traders. Bonk rejected the $0.000033 level strongly and declined below the immediate Fib channels, resulting in a consolidation around $0.000028. As of writing, Bonk price trades at $0.0000284, surging over 3% in the last 24 hours. a downturn below the support line of $0.000024 could invalidate the bullish pattern, potentially driving the pair down to the $0.000017 support level.The GME price has seen a remarkable recovery, surging from a low of $0.013 toward $0.018. However, bears continue to defend a surge above resistance lines, slowing down the buying momentum. As of writing, GME price trades at $0.017, surging over 10% in the last 24 hours.