Bitcoin price is taking a short nap during altcoin season and is warning of a downtrend as momentum shifts towards altcoins. But the best meme coins, known for their quirkiness, sharpness and long jumps, are taking a slower approach this season.
However, this moment presents one of the best opportunities to buy the best meme coins before the real bull market begins. There are 8,776 blocks left until the Bitcoin halving, so the pre-halving rally is underway, and the upward trend is expected to gain momentum as the fourth halving approaches.
So, let’s take a look at some of the best Meme coins with 10x jump potential: Dogecoin (DOGE), Shiba Inu (SHIB), and FLOKI (FLOKI).
The Best Meme Coins You Can Buy Right Now:
Dogecoin (DOGE)
Source – TradingView
An interesting DOGE price trend in a falling wedge pattern is riding the wave of a breakout rally. Additionally, the recent surge in Dogecoin’s 50-day EMA presents a trend reversal opportunity for the biggest meme coin.
Amid the recent turnaround, with a 12% jump, Mim Coin hit $0.0887, matching the 23.60% Fibonacci level. Additionally, the surge in trading volume supports the upward trend.
DOGE price is currently trading at $0.0883, down 1.45% intraday. Nonetheless, trend-based Fibonacci extensions predict a bullish target of $0.1411 in this “pre-halving phase.”
Shiba Inu (SHIB)
Source – Trading View
The price of SHIB, the second largest meme coin by market capitalization, sends a positive signal with a wedge breakout. Meme coins are buzzing again as they reclaim the 50-day EMA to avoid a continuation of the downtrend from the deadcross.
The continued breakout for Shiba Inu is providing one of the best buy points as volume resurfaces near the levels of the last recovery phase. Breaking off the psychological mark of $0.000010, Meme Coin is poised for a surge at this milestone.
The SHIB price trend is officially in an uptrend as the 200-day EMA maintains a positive trend. Optimistically, the Shiba Inu price rally could extend to $0.000015 depending on the Fibonacci retracement level.
Shiba Inu price is currently trading at $0.00000983, suggesting a potential leap forward in the coming sessions if the price moves lower.
Floki Inu (FLOKI)
Source- TradingView
Suggesting a high momentum bullish breakout trend, FLOKI price performs better than the top meme coins. The Floki Inu price trend above the 50-day EMA marks a trendline breakout with a triangle break with the 200-day EMA as the ascending boundary.
Additionally, the breakout run successfully retests the breakout of the 61.80% Fibonacci level and challenges the current 78.60% level. The current FLOKI price is trading at $0.000035833, up 1.49% during the session.
Following Fibonacci levels and increasing momentum, FLOKI price is expected to outperform DOGE and SHIB this month. Price action predicts a breakout will reach $0.000042.