The recent surge in Bitcoin price has brought hope for a strong rally at the end of the quarter, leading to a surge in memecoins and AI tokens. The rally started with Dogecoin, which surpassed $0.22, followed by memecoins like Floki, Bonk, and Shiba Inu soaring with significant gains.
Floki (FLOKI)
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After trading in a narrow range for over a year, Floki price has seen a significant uptrend at the beginning of the month.
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Despite an initial failure to surpass the ascending trend line, a recent recovery from 0.5 FIB levels has raised hopes for further gains above $0.0003.
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The RSI is bullish, and a recent bullish divergence supports the upward movement.
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With an 8% jump in the past 24 hours, momentum is expected to remain high and potentially lead to double-digit gains soon.
Bonk (BONK)
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Bonk price has been extremely bullish since the end of 2023, with a significant rally of over 6000% from its lows.
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Despite a rebound before hitting new lows, technicals have not turned bullish as DMI heads towards the lows.
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This bearish indication suggests a potential minor pullback to $0.000025, followed by a rebound to the key resistance zone at $0.000035.
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A surge in liquidity could trigger a strong rebound to new highs beyond the resistance zone.
Shiba Inu (SHIB)
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Shiba Inu price has been in a bearish trend throughout 2022 and 2023 but started a strong bullish move in 2024.
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The recent rebound has pushed the price towards the upper resistance zone, signaling a potential new bull run.
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The Gaussian channel has turned bullish, indicating bullish dominance in the rally.
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With the RSI at the upper threshold, a rise above $0.00004 seems likely, and if bulls maintain strength, the rally could target higher levels.
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