Will Meme Coins POPCAT and WIF Surge 2x This Month?

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As meme coins are quick to bounce back in these days of bullish relief, the post-bloodbath moves are hyperactively positive. Amidst the fast performers, Popcat and Dogwifhat are making their names with sharp bullish moves. 

So, let’s take a closer look at the price analysis of the two trending names in the meme coins segment. More importantly, let’s figure out the chances of a 2x surge in the POPCAT and WIF prices. 

Meme Coins For A 2x Surge: POPCAT  

With the bull run in Popcat evidently gaining momentum, the uptrend ends the correction phase in the daily chart. Starting a bull cycle in an expanding channel, the meme coin forms a V-shaped reversal rally. 

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Exceeding the 50D EMA, as per the Fibonacci levels over the correction wave, POPCAT challenges the 38.20% level. Further, the meme coin forms a triple white soldier pattern and is up by 137% from the low of $0.25 formed during the crash. 

An uptrend continuation in POPCAT prices will challenge the overhead trendline near the $1 psychological milestone. 

Dogwifhat (WIF)

With an overall declining trend in the daily chart, the WIF price trend forms a falling wedge pattern. Further, the bearish influence warns of a death cross as the declining 50D EMA approaches the 200D EMA. 

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Nevertheless, post-bloodbath, the WIF price teases a bullish reversal from the support trendline. With a triple white soldier pattern, the meme coin is up by 55% from the $1.07 low formed during the crash. 

As the bull run picks up pace, a potential breakout run will pump the meme coin price to the $3.40 mark. Hence, the WIF price trend has an upside potential of 103% in the coming weeks.