🚀🚀😱The 2 most talked about Altcoins of the market NOT and MEW Bullish signal is on😱🚀🚀
Amidst this race of meme coins, the NOT and #MEW tokens are gradually making waves with a recovery possibility. The intraday gains and the underlying shift of emotions project a moonshot around the corner.
Will the new meme coins sustain the prevailing uptrend as the market goes haywire with the FOMC meeting this week? Let’s have a closer look at the MEW and NOT price charts to answer this question.
Will MEW Token Surpass $0.0065?
With a rounding bottom reversal in the daily chart, the MEW token reveals a trend reversal at play. As the meme coin gains bullish momentum, the end of the correction phase teases a new all-time high.
With a neckline at $0.0065, the bullish trend continuation pattern holds the future of the MEW token. A potential breakout rally in this meme coin could surpass the $0.01 psychological mark.
Currently, the meme coin trades at $0.0055 following the overnight jump of 5.86%. As per the Fibonacci levels, the altcoin sustains above the 50% Fibonacci level, increasing the chances of a price surge this week.
An uptrend continuation in the altcoin can target the $0.01255 mark or the 1.618 Fibonacci level.
#NOT Price Trend Aims $0.030 With End of Correction
With a massive bull run over the last month, the NOT price trend shows an ongoing pullback phase. Cruising under the crucial support of $0.020, this asset trades at $0.018, following the 3.54% overnight jump.
Currently, the meme coin reveals a deep pullback preparing for a bullish reversal this week. Further, the bullish crossover in the MACD and signal line support the uptrend chances in the NOT price trend.
With a bullish comeback, the Notcoin may challenge the 2.618 trend-based Fibonacci level at 0.02270. Optimistically, a breakout rally could hit the $0.030 mark if the momentum sustains.
