Meme coin season appears to be back in full swing, with several tokens registering notable double-digit hikes. Leading the charge are cat-themed Popcat (POPCAT), Ethereum-based Mog Coin (MOG), and First Neiro on Ethereum (NEIRO).

As of this writing, POPCAT’s price has increased by 15% in the last 24 hours, while MOG jumped by 18.40%. NEIRO, on the other hand, recorded a better performance with a 46.60% hike within the same period. With interest in these tokens rising, this analysis evaluates if the rallies will continue and help meme coins reclaim the spotlight.

Popcat Continues to Climb But Could Retrace

On Saturday, October 5, BeInCrypto reported that POPCAT hit a new all-time high of $1.29. Today, the price has surpassed that, reaching $1.43. This increase signals strong investor interest in the meme coin.

The 4-hour chart reveals resistance at $1.48. Additionally, the Relative Strength Index (RSI), which measures momentum, stands at 72.05. An RSI reading above 70.00 indicates that a cryptocurrency is overbought, suggesting a potential price drop.

In POPCAT’s case, a pullback toward $1.28 seems possible. However, if bulls maintain pressure, the token’s price could climb further, potentially reaching $1.60.

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Mog Coin Sets Sights on $0.0000020

Unlike Popcat, MOG’s price increase to $0.0000016 did not lead the meme coin to a new all-time high. However, the token has the potential to hit a higher value in the short term. On the daily chart, the Moving Average Convergence Divergence (MACD) is positive.

The MACD gauges momentum and identifies periods for buying or selling a cryptocurrency. When the reading is positive, momentum is bullish. Conversely, a negative MACD reading indicates a bearish momentum.

Since it is the latter, MOG’s price might continue to climb. If the momentum remains the same, the MOG’s value could hit $0.0000020 in the short term. Meanwhile, if buying pressure decreases, this prediction might come to pass. Instead, the token’s price could drop to $0.0000014.

NEIRO’s Bullish Momentum to Subside

First Neiro on Ethereum (NEIRO) also hit a new all-time high. But as soon as the meme coin hit $0.0015, it pulled back. Following the decline, the Balance of Power (BoP) also dropped. The BoP is a price-based indicator used to evaluate the overall strength of buyers and sellers in the market. 

Furthermore, the indicator oscillates around the zero line, where positive values indicate bullish dominance and negative values indicate bearish ones. As of this writing, the BoP on NEIRO’s 4-hour chart is down to -0.32, suggesting that bears have the upper hand.

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Should this continue, NEIRO’s price might soon decline to $0.0012. However, if bulls reclaim dominance, the current price trend might turn around, and the meme coin’s value could jump past $0.0016.

Dogwifhat (WIF) price is on the verge of a potential breakout, with price action suggesting it could surpass the $3 mark. Today, WIF’s price has increased by 13%, making it one of the best-performing cryptos in the last 24 hours.

As traders closely monitor its movements, indicators hint at a sustained upward trajectory. This analysis explores the technical patterns supporting this bullish outlook and the key levels to watch.

Dogwifhat Volume Rises with the Price

At press time, WIF’s price stands at $2.68. Beyond its price increase, the meme coin has seen a notable surge in volume. According to Santiment, Dogwifhat’s trading volume has reached $719.31 million in the last 24 hours, signaling rising interest in the token as it continues its two-week comeback.

Typically, a rising price with falling volume is seen as a bearish signal, as it suggests weak liquidity behind the trend. However, WIF’s increasing price, coupled with its rising volume, strengthens its current uptrend. For the rally to continue, trading volume needs to keep climbing. If this momentum holds, WIF could push toward $3 or beyond.

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Furthermore, the Weighted Sentiment around WIF, which was previously in the negative zone, has jumped to positive territory. Weighted Sentiment shows the level of positive or negative remarks about a cryptocurrency online.

When the reading rises, it indicates that there are more positive comments on social media than negative ones. Conversely, a negative rating suggests the opposite. With WIF’s Weighted Sentiment currently positive, this implies that demand for the token could increase, potentially driving the price higher.

WIF Price Prediction: $3 and More to Come

Based on the daily chart, WIF’s price is trading well above the Ichimoku Cloud. The Ichimoku Cloud is a collection of indicators that shows support, resistance, and spot trends. However, the cloud is the most important part of all the indicators.

Typically, when the price is below the cloud, the trend is bearish. However, at press time, the cloud is below WIF’s price, suggesting a bullish trend for the meme coin. Should this remain the same, the meme coin’s value could rise above the $2.82 resistance, possibly climbing to $3.22 in the short term. 

Read more: How To Buy Dogwifhat (WIF) and Everything Else To Know

However, WIF’s price might retrace if it fails to breach the overhead resistance. In that scenario, the meme coin could drop to $2.30.

Celestia (TIA) has surged by 21% over the past four days, sparking interest in the sustainability of this upward trend. While the rise is promising, shifts in key indicators raise questions about its strength.

TIA is gaining momentum without entering overbought territory, indicating room for further growth. Additionally, the EMA lines currently show a neutral stance. As market conditions evolve, keeping a close eye on these indicators will be essential to determine if TIA can maintain its recent gains.

TIA ADX Raises an Important Question About the Current Uptrend

Although the TIA price has risen 21% in the last four days, it’s important to check the current trend. The Average Directional Index (ADX) for TIA is currently at 21.33, down from 40.81 just three days ago. This decline suggests that the strength of the current trend is weakening, indicating that the upward momentum may not be as strong as it appears.

ADX readings above 25 typically indicate a strong trend, while values below 20 signal a weak trend. The ADX measures the strength of a trend regardless of its direction, with thresholds of 0-25 indicating a weak trend, 25-50 indicating a strong trend, and above 50 signaling an extremely strong trend.

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Given that TIA is presently in an uptrend, the recent drop in ADX raises concerns about potential instability. As such, it’s crucial to continuously monitor the ADX to assess whether this upward momentum can be sustained and if the price will keep growing.

With the ADX at 21.33, it’s positioned on the cusp of a weak trend, highlighting the importance of vigilance in observing how market conditions evolve in the coming days. This will help determine if TIA can maintain its recent gains or if a pullback is imminent.

Celestia RSI Is Far From Overbought State

TIA’s Relative Strength Index (RSI) is currently at 56.89, rising from roughly 31 just three days ago. This significant increase matters because it suggests a shift in momentum. That indicates that TIA price is gaining strength after a period of relative weakness.

The RSI is a momentum oscillator that measures the speed and change of price movements, ranging from 0 to 100. An RSI below 30 generally indicates an oversold asset, while an RSI above 70 suggests it’s overbought.

TIA’s current RSI of 56.89 comfortably stays below the overbought threshold. That implies that there is potential for further price growth. Monitoring the RSI closely will provide insights into whether TIA can sustain this positive trend without entering an overbought condition.

TIA Price Prediction: A Potential 26% Rise Next?

TIA’s Exponential Moving Average (EMA) lines are currently looking neutral, with short-term lines on the rise and nearing a crossover above the long-term lines. This indicates that recent price action is becoming more bullish, suggesting a potential shift in momentum.

If the short-term EMA lines cross above the long-term lines, they will form a “golden cross,” a pattern often linked to the start of a strong uptrend. This signals that recent prices are gaining momentum relative to the longer-term trend, which can boost investor confidence.

EMA lines, unlike simple moving averages, give more weight to recent prices, making them more responsive to new information. This responsiveness can provide early signals of trend changes, making the golden cross an important indicator for potential price growth.

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If TIA does indeed experience an uptrend following a golden cross, the next resistance levels to watch will be at $6.49 and $6.60. If those levels are broken, TIA could potentially rise even further to test $6.89, indicating a possible 26% growth from current levels.

Conversely, if the anticipated uptrend does not materialize and a downtrend occurs instead, TIA’s price could test $5.19 as a support level. Should this support fail to hold, the price could decline further to around $4.49, representing a potential 18% drop.