The post Must Buy Trending Meme Coins This October: Massive Breakout Gains Ahead! appeared first on Coinpedia Fintech News
As the Bitcoin price stabilizes above the $66,000 mark, the meme coins are making a bullish comeback. With the meme crypto market expanding over the $50 billion mark, the trending tokens are witnessing a massive surge.
Among the top performers, Bonk has increased by almost 8%, with Dogecoin registering a ~4% jump. Further, trending tokens like Neiro, MOG, and MEW are leading the way.
With the meme coins spearheading the crypto market rally this October, here are the top trending meme coins to buy before it’s too late.
Must Buy Trending Meme Coins:
BONK
In the daily chart, the Bonk price action reveals a breakout of a long-coming resistance trend line. This completes a triangle pattern breakout as the double-bottom reversal from the 50D EMA completes a rounding-bottom pattern.
The neckline for the reversal pattern stands near $0.000025. Currently, the meme coin is trading at $0.00002418, with a 20% jump in the past 7 days. Over the last month, it has increased by nearly 50% and continues the trend with a 24-hour surge of 8.31%.
The growing and improving sentiments tease a golden crossover between the 50-day and 200-day EMAs. Based on the Fibonacci levels, the next crucial resistance stands at a 50% level at $0.00002845.
If the bullish trend continues, the Bonk meme coin is expected to reach $0.00003568 by the end of this month.
Mog Coin (MOG)
The MOG meme coin is currently trading at $0.0000020 at a crucial psychological point. The short-term price action reveals a sideways trend in the meme coin above the 0.0000018 support level or the 78.60% Fibonacci level.
Following the 9.33% jump last night, the meme coin faces a loss of 1.95% based on the Fibonacci level and the rising trend within a rounding bottom pattern. The crucial breakout point for MOG Token stands at $0.000002355.
With a neckline breakout, the Fibonacci level is paying the next potential target at the psychological mark of $0.0000050.
Cat in a Dogs World (MEW)
Amid the broader crypto rally, the MEW meme coin shows a critical breakout entry opportunity. With a massive upside potential, the MEW token price action showcases a retest of the $0.007738 breakout.
MEW formed a massive bullish engulfing candle for the breakout of nearly 30% on October 14. Currently, the MEW token is ready for a post-retest rally. The MACD indicator shows the average line rising higher with positive histograms resurfacing, bolstering the bullish trend.
Based on the Fibonacci levels., the uptrend is likely to hit the $0.01667 mark at the 1.618 level. However, a minor resistance at the 1.272 Fibonacci level at the psychological mark of $0.010 is possible.
Curious if the MOG meme coin will create a new all-time high? Find out now in Coinpedia’s in-depth MOG price prediction for 2024 to 2030.
