Memecoins have experienced a notable dip recently, sparking interest among analysts and traders. With the market conditions favoring a bullish trend in 2024, experts suggest a rally might be on the horizon. Investors are keen to identify which memecoins will lead the charge. The article delves into the potential candidates poised to rise first in this evolving market.
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Based Brett Crypto Price Overview: Bullish Momentum and Resistance Watch
Based Brett (BRETT) is currently trading in a range of $0.10 to $0.23. The coin has shown a significant six-month price change of 397.37%, indicating strong growth. Currently, it’s experiencing impulsive moves with a one-week increase of 25.92% and a one-month price rise of 332.99%. The next resistance level is at $0.27, while the support level is at $0.02. The RSI is at 38.70, suggesting it’s nearing the oversold territory.
Dogwifhat (WIF) Crypto Price Overview
Dogwifhat (WIF) is currently in a corrective move with its price ranging between $2.35 and $3.40. Over the past week, WIF has dropped by 24.85%, and it is down 15.05% over the past month. However, it has surged 97.36% in the last six months. The nearest resistance level is $4.02, while the nearest support level is $1.92. The 10-day Simple Moving Average is at $2.55, and the Relative Strength Index is at 42.53, indicating potential price stabilization.
Super Trump (STRUMP) Crypto Price Overview
Super Trump (STRUMP) is currently trading between $0.0128 and $0.0303. The recent price action shows a strong bullish trend with a one-week price change of 22.86% and one-month increase of 361.67%. Over the last six months, the price has risen by 235.02%. The current RSI is at 51.94, indicating neither overbought nor oversold conditions. STRUMP is moving impulsively upward and could test the nearest resistance at $0.0386 soon.
Pepe (PEPE) Price Overview and Future Prediction
Pepe’s current price ranges between $0.00001082 and $0.00001509. It is showing corrective movement right now. The nearest resistance sits at $0.00001743, while the nearest support is at $0.00000888. The 10-day SMA is at $0.00001277 and the 100-day SMA is at $0.00001263. The RSI is 43.81, indicating potential for a trend reversal. In the past week, PEPE has dropped by 12.97%, but it has surged by 28.07% over the past month and an impressive 856.25% over the past six months.
Conclusion
BRETT, WIF, STRUMP, and PEPE have shown less potential in the short term. Attention should shift to CYBRO, an earn marketplace using the Blast blockchain’s native yield capabilities. Its first release is set for Q2 2024. This offers a chance for early investors to join the CYBRO token presale on favorable terms.
Site: https://cybro.io
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io
The post Experts Bet Big on Memecoin Rally After Current Dip: Which One Will Rise First? appeared first on Crypto News Land.
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