Top Meme Coins To Buy This Week: MOG (MOG), PEPE (PEPE), Dogwifhat (WIF)

With the crypto market cap reaching $2.253 Trillion, the bull run is gaining momentum. Amidst this, the altcoins reveal massive upside potential

The cryptocurrency market is experiencing a bull run, with the total market capitalization reaching $2.253 trillion. Within this bull cycle, altcoins are revealing a strong potential for massive upsides. Among these altcoins, meme coins and PotiliFi are at the center of attention.

In the first half of 2024, meme coins have emerged as the best-performing sector, offering traders substantial gains. Several meme coins are poised for more than 50% gain this week.

Top Meme Coins To Buy This Week: MOG (MOG)

The MOG meme coin is displaying a strong uptrend on the daily chart, breaking above the resistance of a rising channel. This breakout is accompanied by a 11.57% surge in MOG price today, bringing it to a 70% gain over the past seven days.

As the bullish engulfing candle emerges after the breakout, the MOG price is likely to continue its uptrend. According to Fibonacci levels, the next resistance for MOG coin is at $0.0000025 or the 2.618% Fib level.

Optimistically, the bull run could hit the $0.0000030 mark.

PEPE (PEPE)

The PEPE price trend on the daily chart showcases a 50% correction phase within a pullback channel. However, a recent bull cycle within the bearish pattern is teasing a breakout rally to reignite the uptrend.

Taking support from the 200D EMA, the double bottom reversal in the meme coin challenges the overhead trendline. With a morning star pattern and a 12% rise within 48 hours, the breakout chances are high for PEPE.

Based on trend-based Fibonacci levels, the PEPE coin could hit the $0.000020 mark.

Dogwifhat (WIF)

Among Solana-based meme coins, which are the top performers this year, the WIF price trend is revealing a massive upside as the recovery rally begins. Despite a 60% correction phase, the WIF price is taking a bullish reversal from the $1.50 psychological level.

Currently, the meme coin is trading at $1.81, forming four bullish candles and challenging the overhead trendline. As the WIF price approaches the 61.80% Fibonacci retracement, the ongoing recovery is planning a breakout rally to extend the uptrend.

The breakout rally could reach the 23.60% Fibonacci level at $3.556.

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