The cryptocurrency market is regaining its bullish momentum post a two-day correction as Bitcoin surpasses the $100K mark, drawing significant attention to memecoins Turbo and Gigachad.
Turbo (TURBO) on the Rise
Turbo (TURBO) has surged by over 55%, breaking past its previous resistance level of $0.01343 and reaching a new all-time high (ATH) of $0.01411. Previously, TURBO exhibited similar breakout patterns, suggesting a potential move towards the psychological level of $0.020. However, a possible retest of the breakout level could provide an opportunity for bulls to consolidate.
Gigachad (GIGA) Reaching New Heights
Gigachad (GIGA) has also delivered a robust performance, surging by nearly 50% to $0.074, testing a key resistance zone. If GIGA successfully breaks above the $0.078 resistance, it could pave the way for moves towards $0.10 and even $0.12, representing potential gains of up to 60%.
Are More Gains Ahead?
Both TURBO and GIGA are trading with impressive bullish momentum, showing the potential for further upside. While TURBO may see a retest, GIGA seems poised to break out and reach new highs. The broader market sentiment, fueled by Bitcoin's rally, adds confidence in the upward trajectory.
The cryptocurrency market, buoyed by Bitcoin's rise above $100K, shows a promising outlook for memecoins Turbo and Gigachad. Nonetheless, investors should remain mindful of market volatility.
