Today's price forecast for the biggest rising Crypto Assets: FLOKI, BONK, CRV achieving double-digit rise, bullish breakout momentum is strong.

Floki (FLOKI), Bonk (BONK), and Curve DAO (CRV) achieved double-digit pump, becoming the top-performing crypto assets in the past 24 hours. From a technical perspective, as bullish momentum strengthens, the upward trend will continue.

FLOKI's breakthrough target momentum is strong

FXStreet analyst Vishal Dixit stated that as of Thursday's publication, the price of FLOKI has slightly decreased by nearly 2%, after the token had rebounded 30% from the 200-day Exponential Moving Average (EMA) on Wednesday. The channel breakout of FLOKI shows strong rebound momentum, reclaiming the key level of $0.000100.

The meme coin based on Solana is facing resistance at the 61.8% Fibonacci retracement level of 0.000142 USD, derived from the pullback from 0.000290 USD on November 21 to 0.000045 USD on April 7.

If the daily closing price is above that level, it may extend the bullish momentum to the 78.6% Fibonacci level, which is $0.000195.

The 50-day EMA crossing above the 100-day EMA indicates that the short-term trend is showing a strengthened bullish momentum.

The momentum indicators on the daily chart, the Moving Average Convergence Divergence (MACD, with both MACD and signal line showing an upward trend), and the Relative Strength Index all indicate that 74 is in an overbought state, showing that bullish momentum is strengthening.

On the other hand, the reversal of FLOKI may test the 50% Fibonacci retracement level at 0.000114 USD.

(Source: Trading View)

BONK is expected to further pump in the golden cross

The Solana-based meme coin BONK has dropped 2% so far on Thursday after rising for five consecutive days. Similar to FLOKI, BONK surged 30% on Wednesday, nearing its highest point of the year so far at $0.00003989.

The meme coin struggles to break through the 78.6% Fibonacci level of $0.00004105, which retraced from the high of $0.00006230 on November 20 to the low of $0.00000886 on April 7. If it indeed breaks through this level, the pump of BONK may continue to $0.00006230.

The 50-day and 200-day EMAs are showing a golden cross, which is a trend reversal signal indicating further upward movement.

The MACD and signal line maintain an upward trend in the positive zone, while the RSI indicator has overheated to 81, indicating that the market is in an overbought state. Investors must exercise caution, as the overbought condition suggests that the market will undergo a significant correction.

The closing price drop that day may extend the downward trend to the 61.8% Fibonacci level, which is 0.00002958 USD.

(Source: Trading View)

The triangular breakout rebound target for CRV is 1 USD

CRV has posted its fifth consecutive bullish candlestick on the daily chart, up 42% so far this week. As of the time of writing, the CRV price has risen 3%, reaching its highest price since January 19.

The altcoin marks a triangular breakout rebound, which is constituted by converging resistance levels (connecting the peaks of December 7 and May 22) and a support trend line (connecting the closing prices of March 10 and July 5). The breakout rebound reached the 78.6% Fibonacci retracement of $0.9601, which is a level that retraced from $1.2484 on December 6 to $0.3660 on March 10.

If the daily closing price is above this level, investors may see a round of sustained pump and may aim for a peak of 1.2484 USD.

The momentum indicator shows a bullish tendency, as the RSI is at 83, rising into the overbought region, while the MACD shows the green histogram bars trending upward from the zero line.

On Tuesday, the 50-day EMA rose, forming a golden cross with the 200-day EMA, indicating a trend reversal.

On the contrary, the reversal of CRV from the resistance level of $0.9601 may lead to a retest of the level at $0.7813, which is consistent with the 61.8% Fibonacci retracement level.

(Source: Trading View)