Table of Contents
- Top Meme Coins are Bullish and Boast Upside Potential in the Coming Weeks
- New Meme Coin Alert: Sealana Raises $400K, Generates 100x Forecasts
This week, the meme coin sector is again demanding center stage, and Dogecoin, Pepe, and Dogwifhat are jousting for the top spot.
Let’s take a look at the imminent forecasts for these three meme coins as well as a new contender.
Top Meme Coins are Bullish and Boast Upside Potential in the Coming Weeks
The consensus among leading analysts is that Dogecoin, Pepe, and Dogwifhat are bullish and could embark on the next leg up shortly.
Prominent trader JD recently underscored Dogecoin’s recent price action, noting that it is primed for a new all-time high after retesting its bear market resistance and flipping it into support.
The analyst anticipated a move toward $1.4 and described Dogecoin as having “one of the most beautiful chart structures.”
Adding to the excitement, CoinDesk reported that Dogecoin appears to be repeating its 2021 “golden cross” chart pattern formation, where the 50-week simple moving average is crossing its 200-week counterpart, reflecting a growing bullish momentum.
Analysts are also highly bullish on Pepe, with Jameson saying that Pepe is “easily the best-looking altcoin chart right now.”
Jameson did not offer an exact price prediction but did say that Pepe “looks ready for a move to new all-time highs.”
Cold Blooded Shiller also backs Pepe, noting that it enjoyed one of the strongest recoveries following the release on VanEck’s “Meme Coin Index” this week.
The analyst noted that Pepe has experienced a “huge reclaim and is one of the first to break the overhead resistance.”
Moving to Dogwifhat, renowned trader Achilles.sol speculates that it could outperform other cryptos in the coming weeks.
“WIF looks incredible against both SOL and PEPE. It has made a clean breakout against SOL after months of coiling with a bullish MACD cross.”
He then explained, “It has made a bullish divergence against Pepe with a bullish MACD cross and retest of prior range highs. Dogwifhat will continue to outperform whether you like it or not.”
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