With Bitcoin price surpassing $62,000, the altcoin market is gearing up for the next altseason. The broader crypto market stands at $2.1 trillion, with the altcoin segment at $873 billion, signaling a 4% surge in the past three days.
Popcat (POPCAT)
With a triangle breakout run in the daily chart, the POPCAT price trend witnesses a boost in buying pressure. The bull run in the meme coin accounts for a 78% price surge in the last 11 days. Based on Fibonacci levels, the uptrend surpasses the 78.60% level and is heading towards the psychological mark of $1. A breakout above $0.97 can reach the 1.618 Fibonacci level at $1.34.
Cat in a Dog World (MEW)
With a surge in bullish momentum, the MEW meme coin has increased by 29.04% in the recent bull cycle. Bouncing back from $0.0037 earlier this month, the price has increased by 39%. With three bullish candles, the price surpassed the 50% Fibonacci level at $0.0049 and reached the psychological mark of $0.0050. A potential breakout could lift the price to the 100% Fibonacci level at $0.000738.
MOG Coin (MOG)
With a market cap of $388 million, the MOG coin is trading at $0.000001076 with an intraday rise of 13.81%. Surpassing the 200-day EMA, the price is eyeing the 23.60% Fibonacci level. A potential recovery can avoid a deadly cross and reclaim the $0.000001525 level.
The altcoin market continues to grow as Bitcoin prices surge. Many meme coins show significant potential, making them interesting to watch in the upcoming altseason.
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