With the bull run taking shape in the crypto market, the meme coins are spearheading the massive jumps. The BONK, SHIB, and FLOKI coins perform overnight jumps and sustain the momentum today.
With FLOKI trading at all-time high levels, the upside potential in SHIB and BONK attracts additional demand. Further, the bullish price action with the support of rising volumes teases an uptrend continuation in these dog-themed community driven coins.
Will the rally in these coins continue to gain momentum for a 100% surge this week as the broader market conditions improve? Is it the best time to buy meme coins? Let’s have a closer look at the BONK, SHIB, and FLOKI price charts to answer these questions.
Solana’s Meme Coin Eyes 85% Bull Run
With a bullish support trendline at play, the BONK price trend shows a positive journey in the meme coin. Currently, the rising price challenges the 50% Fibonacci level of $0.00003422.
Furthermore, the BONK price trend shows a positive cycle starting from the support trendline, ready to surpass the overhead supply zone. Furthermore, technical indicators like MACD and RSI signal an uptick in bullish momentum.
Currently, the meme coin trades at $0.0000349 with an intraday rise of 5.28% for a breakout attempt. If the bullish momentum sustains, the uptrend could hit the $0.000063 mark.
Shiba Inu’s Morning Star Eyes 40% Hike
Following the bullish breakout of the triangle pattern, the SHIB price trend sustains an upside movement. Taking support from the long-coming ascending trendline, the meme coin takes a leap with 4.27% intraday hike.
With the intraday growth, the SHIB price action forms a morning star pattern and increases the uptrend chances. As the breakout rally finally gains momentum, the upside potential in the meme coin is HUGE.
If the bullish momentum sustains, Shiba Inu’s market price could reach the $0.00003584 this week, a 40% surge.
FLOKI At ATH Eyes 2X Surge
With a streak of three bullish candles, the FLOKI price trend breaks above the $0.00030 milestone. Further, the meme coin shows a bullish breakout of a rounding bottom pattern in the daily chart.
Furthermore, the RSI and MACD indicators bolster the bullish trend in motion with a surge into the overbought zone or a positive alignment. Currently, the meme coin trades at $0.0003386 with an intraday gain of 14.79%.
As per the trend-based Fibonacci levels, the FLOKI price trend shows a bullish trend ready to challenge the 78.60% level. A breakout rally could hit the $0.00058 mark this week.