Amid increased price volatility, the WIF price has added ~4% in the past 24 hours with a trading volume of $472.11 million. Moreover, it has added 17.31% over the past week and has surged 1,068% this year. Moreover, it is presently trading at a discount of 63.37% from its ATH.
The EMA 50/200-day displays a high possibility of a Golden Cross in the 1D time frame. This indicates an increase in the bullish sentiment for the memecoin in the market. Further, the RSI indicator shows a sharp uptrend, suggesting a bullish outlook.
A breakout rally could result in this memecoin heading toward its resistance level of $2 in the coming time. On the flip side, if the bears regain momentum, the Dogwifhat price could retest its support trendline of the triangle pattern.
Also read, Dogwifhat Price Prediction 2024 ā 2030
With the rising uncertainty in the market, the BONK memecoin has added 5.98% to its valuation over the past week. Despite recording a neutral flow during the past month, it has rewarded its long-term investors with a YTD return of just over 34%.
The Moving Average Convergence Divergence (MACD) records a constant green histogram, indicating an increase in the buying-over-selling pressure within the crypto space. Further, its averages show a bullish rise, suggesting that the BONK price will continue gaining value this week.
If the market continues gaining momentum, this could result in it heading toward its resistance level of $0.00002125. Conversely, if the bears regain momentum, the BONK memecoin could plunge toward its crucial support level of $0.0000150.
Despite adding less than 1% over the past day, the POPCAT price has jumped ~43% within the past seven days. Moreover, it has surged 114% during the past month and has a YTD of 11,241.55%, making it the first 100X gem project of this year.
Popcat (SOL) Price Analysis September 2024
The Relative Strength Index (RSI) is on the verge of breaching its overbought range in the POPCAT price chart. Further, the EMA 50-day constantly supports the price chart. This suggests a positive action for the most successful memecoin of this year.
Suppose, the bulls continue dominating the market, in that case, the POPCAT price could break its ATH and head toward the 2 mark. However, a bearish reversal could pull the price toward its lower support of $0.6625.
