Top 5 Memecoins Predicted to Make Investors Profit in October
2024-09-30
Bittime - Discover the top 5 memecoins that have the potential to maintain momentum in October! With prices increasing by up to 20% since September 23.
Our analysis covers POPCAT, BONK, BRETT, SUNDOG, and BOME, as well as price movements and interesting patterns for each memecoin.
Read more to find out investment opportunities in the booming memecoin market!
Top 5 Predicated Memecoins
Since September 23, momentum has shifted towards memecoins, with some of them growing nearly 20% in the last 24 hours.
Let's examine the price movements of 5 specific memecoins that could maintain their momentum in October:
1. POPCAT
POPCAT price has been increasing rapidly since August 5, initially stuck inside a symmetrical triangle. However, on September 12, POPCAT broke out of the triangle and also reclaimed the $0.65 horizontal area.
Its movement since then has been almost stagnant, reaching a new all-time high on September 26 at $1.09.
2. BONK
BONK price has been trading in a symmetrical triangle pattern since March, which has been repeatedly validated by resistance and support trend lines.
BONK recently started its current upward movement by appearing at the triangle support trendline in September.
Prior to the increase, there was a significant bearish divergence on the daily RSI and MACD. After that, RSI rose above 50 and MACD rose above 0.
3. BRETT
BRETT price has fallen into a parallel channel after reaching an all-time high of $0.195 on June 9. The downward movement led to a low of $0.058 on August 5.
Following that, BRETT bounced, validating the channel's support trendline and horizontal support area at $0.080, creating a long lower wick.
4. SUNDOG
SUNDOG price analysis shows a parabolic rise immediately after the launch on August 16. On August 26, an upward move resulted in a high of $0.33.
On September 8, the price started to increase along the ascending support trend line. This creates an ascending triangle with $0.36 resistance, which is considered a bullish pattern.
Read Also: Su Zhu Launches Memecoin Three Arrowz Capitel
5. BOME
BOME price has been declining since April, reaching an all-time low of $0.0052 on August 5, breaking the $0.0075 horizontal support area.
However, BOME price stabilized again on September 26, creating a double bottom pattern and reclaiming the horizontal area.
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