As the crypto market struggles for a bullish comeback, the meme coins and multiple low-cap altcoins are making a comeback. Ignoring the broader
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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