Forget boring Bitcoin! Therealparty is just beginning. With the most famous cryptocurrencies finally settling down, the meme coin circus has once again landed in town, with spotlights shined on the three contenders: WIF (dogwifhat), Pepe, and Shiba Inu. These are not just silly pictures; their charts say “liftoff!” We are talking about charts that can literally catapult your “buy ramen” portfolio into early retirement status. Who’s with me for glory?
Let’s break down what the charts are telling us and which of these top 3 memecoins has the highest potential.
Top 3 Memecoins
Is WIF (dogiwfhat) Gearing Up for a Major Breakout?
WIF/USD Daily Chart- TradingView
On the daily chart, WIF is painting a comeback masterpiece. Emerging from a prolonged slump, May witnessed a strong surge, smashing through the selfish 20, 50, and 100-day SMA resistance levels-a classic sign of a bullish rebirth-but the real showstopper has been the strengthening above $1. Fibonacci levels are acting as solid beacons with a strong support between $0.75 and $1.05: downtrend is over; so brace for liftoff.
Prices are compressed tightly, springs bound under a resistance level just below $1.13. A breakout can release much upward potential, with the intermediate target being the 200-day SMA at $1.45. If this is cleared, there is FOMO fuel to propel prices towards an eye-watering $2.50-$3.00. Momentum is the clincher; if the bulls take charge, a near-term 2-3x gain is very viable.
Can Pepe Retest Its All-Time Highs?
PEPE/USD Daily Chart- TradingView
The chart is a wild ride, and it is easy to see why it has become the talk of the crypto town. Remember early May? Boom! One breakout of all time. No gentle steps; those green candles just bulldozed those 20, 50, and 100 SMAs as if they were nothing. Now, Pepe faces a gauntlet of Fibonacci levels. Between $0.000012 and $0.000014, Pepe hits a wall and fights for supremacy against some heavy resistance. Will there be a break? All eyes are on Pepe.
Pepe has taken a small break, but do not fret! This small dip looks more like a healthy pit stop than a meltdown. Price-wise, it is bouncing right off the $0.000011 support zone, as if it were being guided by Fibonacci Karp’s golden hand. As long as it stops its chill about this level, hence regaining strength, bulls remain in control.
Pepe might be setting itself for a price explosion! Watch for a breakout on increasing volume. The bulls are eyeing $0.000018, with whispers of climbing to $0.000022. Consider the ilk that gets the market hyped, with viral meme generation and a solid community backing that might generate a second wave. Very likely an amphibian asset is to shock you to 100% gain from today’s price.
Will Shiba Inu Join the Rally or Lag Behind?
SHIB/USD Daily Chart- TradingView
The daily chart for Shiba Inu is a bit more complicated when compared to the wild rides of WIF and Pepe. It has pushed its way above the 20, 50, and 100-day simple moving averages, much like a determined pup chasing a ball up a hill. But the 200-day SMA is turning out to be kind of a hard chew toy, steadfastly holding down the resistance at the $0.000018 mark. Watch out for those Fibonacci levels too-they’re warning about resistance at $0.000015 and $0.000017, which might serve as deterrents on the road to glory for Shiba Inu.
Coiled Spring for Shiba Inu! SHIB is supposedly trapped in a bullish cage, bouncing between $0.000013 and $0.000015. Such a tight flag pattern hints at a violent breakout. Eyes first on $0.000020, but the real fireworks will start if SHIB breaks free and heads toward $0.000026, triggering a monstrous short squeeze!
Though this one is trapped, unlike WIF and Pepe, it needs industrial-strength volume to brazenly cross through its present stalemate. If it can just break above the 200-day SMA, therefore, it’s all moonshot. Virgin until then, expect Shiba to be said to be dragging behind in the meme coin race.
Which Memecoin Has the Most Millionaire-Making Potential?
The WIF is primed for an explosion. After a good price and reclaiming major SMAs, consolidation over the $1 level will be the actual launchpad for the high-speed vertical ascent. Pepe is right behind, giving good bullish signs and respecting important technical boundaries to jump on board.
Shiba Inu: an unlit fuse, a sleeping monster. While potential lies beneath its surface, its charts whisper patience. This pup needs ignition, a spark to ignite great fury to lift it. It’s a matter of waiting for now, going carefully in this volatile world of crypto.
If you’re looking for high-risk, high-reward plays in the next two months,WIF and Pepe lead the pack.
Thanks for reading These Memecoins Might Make You Rich in 60 Days
