Best Memecoins For September 2024 : POPCAT, SHIB, FLOKI, BOME
The post Best Memecoins For September 2024 : POPCAT, SHIB, FLOKI, BOME appeared on BitcoinEthereumNews.com.
The meme coins market has dropped from $48.28 B in the beginning of August to $38.4B by the end of August 2024. However, a few meme coins are showing possible surges and reversals in the next month, they are Popcat, Shuba Inu, Floki, and Bome. Popcat (POPCAT) At the time of writing Popcat Sol is at $0.6189 with a massive fall of 9.98% in 24 hours also the past weeks have been bearish for this me coin. Despite the coin showing volatility and a perfect memecoin for profit-making trend traders. As seen on the POPCAT/USDT 4 hr chart, the price is moving in an upward channel pattern forming an ascending resistance and support. The RSI at 48 facing down shows Popcat may see further corrections and move into the oversold zone, The MACD direction could hold the bullish trend for a long and move below the histogram with the Signal line(blue) line with Zero line( green). Popcat buyers may find $0.59 as a buying opportunity and keep the patterns moving into an upward triangle to outburst. Traders keep a watch at $0.54 and $0.53 levels, these are crucial, and a fall below this could push Popcat further down. If the asset can pull back to the $0.7 zone, the sentiment will push it beyond. Floki (FLOKI) Today’s drop in the market hit Floki to drop 18.3% in 24 hours which is a concern, the meme coin is poised to correct further before the support at $0.00012174. FLOKi at the time of writing is $0.0001282, with price moving all the moving averages showing a week trend ahead. In the FLOKI/USDT 4hr chart we can see the breakout from the bullish trend of the coin led to lower lows. The RSI is moving to the oversold zone and MACD turned lines to…
Filed under: News - @ August 30, 2024 8:20 am