The prices of many cryptos are down, and this period has been a time of strategic accumulation for investors. For those who love the high returns that come with meme coins, the following cryptos could be the best picks for the next rally.
What you'll learn 👉
Mog Coin (MOG)
The price of MOG has been exhibiting higher lows and higher highs since mid-April. It has since then rallied by more than 400% before it started to retrace 3 days ago.
The current bearish momentum looks like the price is only cooling off, and it could resume another rally when it gets if the current support holds.
Pepe Coin (PEPE)
Pepe has been on a downward trajectory, but it could be ready to start a rally again as the price has reached a major support level. The price has bounced off this support three times in the past, and this time, many buyers will be expecting it to hold.
Also Read: Bitcoin (BTC) Bulls and Bears in Tug-of-War as Cardano (ADA) Primes for Potential Explosion
One other thing that could propel the price of Pepe meme coin higher soon is the anticipation of an ETH ETF trading, which some analysts think could start in mid-July. The resumption is expected to see a lot of money come into the Ethereum ecosystem, which could also affect the price of PEPE.
dogwifhat (WIF)
The price of WIF went as we projected after it broke down from an ascending trendline. The price has now reached a critical support and bounced off it.
The price action looks like it is trying to test the support again. If the support holds, we could start to see some price recovery again. Investors may start to look at this support for more accumulation.
BRETT
BRETT started a sideways accumulation in June after rallying for a long time. The sideways price action looks like an accumulation zone before the rally continues.
Investors may watch out for a rally at around $0.18. However, if the price breaks below $0.12, it might trigger a long sell.
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