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The post FLOKI And WIF, The Top Meme Coins, Prepare A Bullish April! appeared first on Coinpedia Fintech News With the meme coins and the AI cryptocurrencies bouncing back from the hits of minor pullbacks, the crypto market signals a recovery rally. Amidst the quick jumps in meme coins, the WIF price breakout and the FLOKI price reversal are some of the main highlights for sideline traders. As the investors wait for the right moment to time the bullish surge, here are the key levels to watch out for in these coins. So, let’s have a look at their price charts for a detailed analysis. Will The WIF Meme Coin Surge To $5? The Dogwifhat price trend shows a massive reversal spot as the meme coins mania gains momentum. Breaking above the recent peak of $3.50, the WIF price surpasses a critical psychological mark and forms a new ATH. TradingView With an almost 70% surge in the last six days, the trend momentum and the WIF price are on an uphill journey. Stretching the upper Bollinger band, the meme coin price is hitting the brakes for a retest event. With a post-retest reversal, the WIF price could start the month of April on a strong bullish note. Considering the buyers pulled the retest through, the altcoin could hit the trend-bassed Fibonacci level target of $5.129. Will FLOKI Price Reversal Lead To 50% Fib Level Breakout? Concluding the recent pullback, the FLOKI price piggybacks on the recovering market momentum. With a bounce back from the confluence of a rising support trendline and the $0.00018 demand zone, the meme coin is back in action. TradingView Further, the altcoin shows a significant rounding bottom pattern forming in the 4H timeframe. With a trend continuation pattern, the FLOKI price aims for a breakout rally to continue the prevailing uptrend. As per the trend-based Fibonacci level and the neckline of rounding bottom, the $0.00030 is a crucial resistance level. Considering the uptrend in FLOKI surpasses $0.00030, the meme coin could hit the $0.00043 mark. Conclusion With the increasing interest in meme coins, the FLOKI and WIF price action are preparing for the next massive rally. Further, the altcoin season is imminent, with April bringing the Bitcoin halving closer. Under such conditions, there is a market-wide anticipation of a massive rally in the meme coins.
The post This Popular Altcoin is Poised for a 1000% Jump to Hit $100 in 2024 appeared first on Coinpedia Fintech News The crypto markets entered a standstill position without displaying any major price action after the recent recovery. It indicates the tokens could be preparing for a healthy upswing and, hence, accumulating gains before the next upswing. Bitcoin is, however, maintaining a similar price action but this popular altcoin is expected to go long throughout 2024. Filecoin (FIL) has maintained its volatility since the 2022 bear market and displayed significant price variations, being indifferent to the other major altcoins. The volume also remained within a decent level that spiked enormously as the price rebounded from the lows around $3. The FIL price soared by nearly 280% but failed to soar beyond the first target, which attracted an inverse price action. Regardless of this, the altcoin appears to be extremely poised to surpass the higher targets. Moreover, the upcoming bull run is also expected to trigger a 10x rally to hit $100, as predicted by a popular analyst, Captain Faibik. The weekly price chart of Filecoin displays a breakout from the descending resistance, which has turned out to be a strong support in times of a retest. The FIL price appears to have triggered a healthy upswing after a retest, which suggests the bullish trajectory has come into action. Hence, the analyst believes the FIL price could maintain a healthy upswing for the rest of the year and eventually hit a three-digit figure before the end of the year. The FIL price holds its ATH above $237 during the 2021 bull run and from a longer perspective, the token continues to trade within a consolidation zone. To trigger a fine bull run, the price is required to surpass three major target areas at $11.46, $14.52 and $15.64. Rising above these levels may enable the token to encounter the major resistance zone between $17 and $20. Once the Filecoin price reaches and surpasses these levels, it suggests a rise above bearish influence. By this time, the markets could have turned optimistic, which may propel prices higher for the rest of the year.
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