As Bitcoin reclaimed $60,000 yesterday, these three meme coins are set to lead a new rally!

DOGE

With a market cap of $316 million, Dogecoin ranks 212th in the cryptocurrency market. On the daily chart, Dogecoin is showing a bullish breakout of a falling wedge pattern.

However, dynamic resistance at the 20-day EMA is holding back bullish growth. Nonetheless, Dogecoin is preparing for a continuation of the uptrend, having recently retested and reversed after breaking above the trendline.

Currently, Dogecoin is trading at $0.10236, with an intraday gain of 5.25%. A breakout of the dynamic resistance could lead to a massive 67% increase in the price to the next resistance at $0.005358. The next resistance is at $0.007279.  

GIGA

Gigachad token has a market cap of $187 million and has grown by 32% in the past 7 days. On the 4-hour chart, GIGA token price is showing a bullish breakout of an inverted head and shoulders pattern.

The key 50 and 100 EMAs have formed a positive crossover on the 4-hour chart as the bullish influence grows. The memecoin has gained 26.49% in the past 24 hours, forming a string of bullish candles.  

According to the trend-based Fibonacci levels, MemeCoin has surpassed the 50% Fibonacci level at $0.01875 and is moving towards the 100% Fibonacci level at $0.02379.

If the bullish momentum continues, a potential breakout rally could reach the 1.618 Fibonacci level of the $0.0300 psychological mark.

Turbo 

Following a sharp rally in late May, the memecoin Turbo is trading sideways on the daily chart. With a market cap of $271 million, TURBO ranks as the 216th largest cryptocurrency.

The meme coin has gained 5.56% in the past 24 hours. Currently, it is trading at $0.00419, slightly down from the 20-day EMA. TUBRO’s fate depends on the consolidation range between the 100-day EMA and the 20-day EMA.