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Trending Meme Coins To Buy Today: DOGS, POPCAT, NEIRO Ready for a Bullish Breakout Rally

Linda Hamilton
Release: 2024-10-09 21:46:14
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As the crypto market struggles for a bullish comeback, the meme coins and multiple low-cap altcoins are making a comeback. Ignoring the broader

Trending Meme Coins To Buy Today: DOGS, POPCAT, NEIRO Ready for a Bullish Breakout Rally

The crypto market is struggling to make a bullish comeback, but meme coins and multiple low-cap altcoins are having a moment.

Here are the trending meme coins that are ready for a breakout rally this week.

Trending Meme Coins To Buy Today:

DOGS, POPCAT, and NEIRO are trending meme coins that could be set for a breakout rally this week.

DOGS

Chart: Trading View

DOGS shows a falling channel pattern in the 4-hour chart. However, the recent bull cycle within the falling channel is on the verge of a breakout rally.

Using the trend-based Fibonacci level, the meme coin is taking a sideways stroll slightly near the 50 EMA in the 4-hour chart. Meanwhile, a bullish breakout of the overhead trendline is likely to challenge the 50% Fibonacci level at $0.001126.

Hence, the chances of DOGS reclaiming the 0.0010 psychological mark will increase with the trendline breakout. However, the MACD and signal lines are on the verge of giving a bearish crossover, signaling a potential pullback.

POPCAT

Chart: Trading View

In the daily chart, PopCat shows a triangle breakout rally witnessing a minor pullback. Hitting the $1.39 mark, the meme coin forms the third consecutive bearish candle, accounting for a price drop of almost 15% in three days.

The 50 and

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