Memecoin Watchlist: 3 Tokens Gearing Up for Big Moves This Week

DOGE, TRUMP and PEPE were the strongest memecoins in the fourth week of April
Table of Contents

TL;DR:

  • Dogecoin shows a cup-and-handle pattern and a bullish divergence in the RSI, pointing to a potential breakout above $0.103.
  • The TRUMP token expects volatility due to an event at Mar-a-Lago on April 25, while maintaining critical support at $2.77.
  • Pepe (PEPE) leads the sector’s momentum with a weekly rise of 7.3%, facing decisive resistance at the $0.00000416 level.

The fourth week of April begins with an average growth of 8% for the memecoins segment; the marked lagging of the main assets suggests an imminent rotation of capital towards the leaders.

Currently, Dogecoin (DOGE) is trading near $0.09482, making sideways movements while the rest experience rallies. This technical understatement, combined with a clear positive divergence in the RSI oscillator, could skyrocket the price by 12% towards $0.115.

The market appears to be calm, but the formation of a “cup and handle” on the daily chart reinforces the analysts’ bullish thesis. If the buying volume passes the $0.095 barrier, it would confirm the start of a massive recovery phase for the largest meme cryptocurrency by capitalization.

DOGE, TRUMP y PEPE-

Political catalysts and technical breakout structures

On the other hand, the price of the Official Trump (TRUMP) token stands at $2.83 with a key event scheduled for this April 25. The gala organized for the main holders acts as a fundamental catalyst that has historically driven speculative demand for the asset.

Meanwhile, Pepe (PEPE) shows an enviable technical setup called a “pattern within a pattern.” The asset is attempting to invalidate a long-term bearish channel by consolidating a handle just below its main resistance in the Fibonacci zone.

If PEPE manages to close a daily candle above $0.00000416, it would trigger a measured move towards $0.00000526. This advance would represent a return close to 30%, consolidating its position as the asset with the best relative momentum of the analyzed group.

The memecoins market is going through a critical period of technical and fundamental reconfiguration. The combination of high-impact in-person events and signs of bearish exhaustion positions these three tokens as the indisputable protagonists of this weekly session in the crypto ecosystem.

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