Next Months Most Worthwhile Purchase Meme Coin Expected to Surge by 100

As the field of meme coins has sparked a huge bull market wave, meme coins have led the upward trend. As the best-performing sector in 2024, the demand for meme coins continues to rise, followed by RWA and AI tokens.
In this bull market driven by community and speculation, top tokens such as DOGE and SHIB are signaling a trend reversal. In addition, the relatively new token BRETT is signaling a large-scale breakthrough rebound, bringing in huge profits.
With the bull market on the horizon, will the top meme coins lead the trend? So, let’s take a careful look at the price charts of DOGE, SHIB, and BRETT to answer these questions.
Largest meme coin in the wedge-shaped downtrend
After hitting a yearly high of $0.22, the largest meme coin Dogecoin experienced an adjustment phase. During the pullback, the DOGE price dropped from the 52-week high of $0.22 to the downward support trendline of $0.1175.
The downward trend of the DOGE price has formed a descending wedge pattern, and the negative cycle has broken below the 200-day EMA. Nevertheless, the meme token still maintains its dominant position above the psychological level of $0.10.
Currently, the trading price of this meme coin is $0.12548, an overnight increase of 6.05%.
From a technical perspective, the rise in DOGE price has led to a bullish crossover of the MACD and signal lines. In addition, it has also delayed the imminent death crossover on the daily chart.
If the bull market cycle in the descending wedge gains momentum, the meme coin could reach $0.14, the 50-day EMA, to signal a bullish breakout. The breakout rebound could lead to a bull market reaching $0.18 or $0.22.
Shiba Inu’s falling channel
On the downside, the Shiba Inu token shows a descending channel on the daily chart. Additionally, after forming a 52-week high of $0.00004567, the falling meme token fell below the 200-day EMA, threatening a death crossover on the daily chart.
However, the negative cycle on the daily chart received early support at $0.000017 before testing the support trendline. With the early reversal, the meme coin is signaling a comeback. In addition, a bullish crossover of the MACD and signal lines enhances the likelihood of an upward trend.
With the strengthening momentum, the bull market cycle could reach a major level of $0.000025. This would increase the possibility of a breakout in the bull market channel to $0.000035.
BRETT’s breakthrough progress is expected to grow by 50%
The price trend of BRETT has maintained a long-term bullish trend, forming a solid support trendline. In the 4-hour chart, the bullish trend shows a breakout in a triangular pattern as it surpasses the short-term resistance trendline.
With the recent bounce from the support trendline, the meme coin price has risen by 25%, far above $0.15. However, before the price increase, the next possible trend is to retest $0.15419.
Based on trend-based Fibonacci levels, the price of BRETT can reach a level of $0.23318 next month.