Price Analysis

Top Meme Coins To Buy Post Halving For 10X Jump

With the rising demand for low-cap altcoins, meme coins are making the must-buy lists of retail investors.  Further, known for sharp and huge price pumps, meme coins are the go-to choice in the crypto industry for massive returns. 

In the sea of such community and hype-driven altcoins, some display a stronger setup with higher possibilities of a price jump. For maximum gains, Coinpedia brings you a list of top meme coins with high potential setups for a massive jump this year post-Bitcoin Halving. 

So, let’s have a closer look at the price charts of these altcoins.

Slerf (SLERF)

Despite a massive correction visible in the 4H chart, Slerf shows a high reversal possibility as the pullback consolidates. With a shift in underlying sentiments, the meme coin price action displays an inverse head and shoulder pattern.

Tradingview

Generally, the inverted head and shoulder pattern comes as a trend reversal pattern with a neckline formation. The neckline in this case stands at $0.45 and a breakout of this level will ignite a new bull run for SLERF. 

If the buyers manage a breakout to reclaim the $0.50 psychological barrier, the uptrend could easily scale to the $1 mark. Beyond this, a hype-driven uptrend possibility could hit the $5 mark in 2024. 

Book of Meme (BOME)

In the 4H price chart, the BOME price trend forms a descending triangle as the downtrend prolongs and approaches the $0.007233 support level.  With the formation of a solid resistance trendline, the buyers witness multiple failures to regain uptrend momentum. 

Tradingview

However, with the meme coin approaching a solid support level and the bullish RSI divergence, the reversal chances are strong. With the high breakout possibility after a high momentum reversal, the sidelines can find this as an excellent entry opportunity. 

A breakout rally could drive the bull run to the previous peak of $0.024 with a possibility of $0.20 by the end of 2024. 

Dog Themed Meme Coin: Bonk

Following the impressive recovery rally, the broader market correction leads to a falling wedge pattern in BONK. However, with a bullish break, the meme coin brings a high potential bullish setup for a massive surge in the coming weeks. 

Tradingview

With a rounding bottom reversal to avoid a drop under the psychological mark of $0.00001, the meme coin overcomes the supply at the overhead resistance trendline. As the breakout signal entry for side liners, it also projects a trend reversal. 

In the short term, the uptrend in BONK could surge to the $0.000050 mark. Optimistically, the buyers could break the $0.00010 mark. 

Cat-themed Meme Coin: MEW

As one of the few top-performing cat-themed coins, the MEW Token shows a high reversal possibility to conclude the pullback phase in motion.  

Tradingview

On the 4H chart, the MEW price shows a solid support level at $0.004529 and teases a breakout rally. Considering the breakout occurs, the meme coin will conclude the downtrend and signal a buying opportunity. 

The breakout momentum could fuel the uptrend to potentially reach the $0.010  mark in 2024. 

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