Bullish Market Targets for Meme Coins – Technical Analysis and Top Crypto Presales for 2024
This article breaks down several best meme coins, offering bullish market targets for the next 6 to 12 months.
The analysis uses a technical approach, integrating Fibonacci extension zones and historical all-time highs.
Additionally, the article explores three best crypto presales today that could potentially deliver bullish returns upon their launch this year.
Dogecoin (DOGE)Dogecoin serves as a starting point due to its clearer historical price reference, unlike other meme coins like Pepe and Bonk, which have already peaked this cycle. Its previous all-time high of $0.73 provides a solid benchmark compared to its current price of $0.13.
Reaching this previous peak would result in a substantial 6x return on investment. Potential targets include the initial high of this cycle at $0.22, the original all-time high, and a midpoint between the Fibonacci extension and the all-time high, which comes out to around $2.11.
This last target represents a potential 17x return, a promising figure considering the upcoming market cycle.
Shiba Inu (SHIB)Shiba Inu (SHIB) experienced a significant price surge in its most recent run. To predict potential targets for the next cycle, a simple Fibonacci extension from the previous low to the all-time high will be used. The first target is the peak of this recent run at $0.00004518.
The second target aligns with the overall all-time high around $0.00008966. Finally, the central point of the Fibonacci extension zone serves as a potential new all-time high target for SHIB. These targets offer promising upside potential.
Brett Based (BRETT)Brett is a unique meme coin gaining significant traction on Base Chain. As one of the first meme coins to establish itself on this cheaper Ethereum alternative, it shows remarkable potential. With a current market cap of $1.4 billion, Brett has demonstrated its ability to climb rapidly.
Potential gains of 10x to 20x the investment are possible, equating to a staggering 900% return if the 10x mark is hit. This would place Brett at $1.31, a completely achievable target for the upcoming altcoin season.
To manage expectations, three price targets are set: a conservative estimate around $0.30, a more aggressive one at $0.63, and the ambitious 10x goal at $1.32.
Top Crypto Presales to Watch – Pepe Unchained, PlayDoge, and The Meme GamesLooking for your next big crypto investment? Consider exploring these promising presale projects. With the potential to mirror the success of established meme coins, these new ventures could offer high returns for early investors.
Pepe Unchained (PEPU)While established meme coins are bouncing back, newcomer Pepe Unchained (PEPU) is entering the market with a fresh approach. This project has raised over $4.5 million in its ICO, catching the attention of retail investors.
Great Saturday news! We've raised $4.5M!
Pepe Unchained is breaking barriers and making waves