The cryptocurrency market has registered massive gains that have led to the total market cap adding more than $380 billion in just seven days. Amid these gains, the crypto price prediction for most altcoins has flipped bullish, but several tokens have stood out after spiking by double-digits, with some even reaching multi-month highs. These tokens include Official Trump (TRUMP), dogwifhat (WIF), Moo Deng (MOODENG), and Kaito (KAITO).
These tokens have outperformed Bitcoin and other top altcoins, and continue to flash a series of bullish signs suggesting that the upward momentum is still in its early stages.
TRUMP Price Defends Support as Bulls Eye $16
TRUMP price has gained by 21% in the last seven days, and despite a surge in profit-taking activity by whales, the Solana-based meme coin is defending the support level at $12, a sign that the uptrend may continue.
The likelihood of this top-performing meme coin posting more gains in the near term is enhanced by the 200-day EMA line as the altcoin continues to oscillate above it. The Money Flow Index has also crossed above the zero line to 51, showing a bullish price prediction as crypto bulls buy the dip, which also makes it likely that the rally will continue towards $16.
WIF Price Eyes 2x Rally Amid Bullish Breakout
WIF price may be on the verge of making a 200% rally from its current price to $2.76 after forming a rounding bottom pattern, which suggests that the upward trend that stirred a 126% rally in seven days will continue. The SOL meme coin has overcome the resistance level at the neckline of this pattern, which proves the case that more price gains for this crypto coin are likely to happen.
The rising RSI also supports this positive dogwifhat price prediction and the likelihood that a 2x rally is on the verge of happening. This indicator has also crossed over to the bullish territory after weeks of forming higher highs, making the case for further upside.
MOODENG Price Explodes 700% as Bulls Target ATH
MOODENG price has exploded by 760% in the last seven days according to data from CoinMarketCap, making it the best-performing altcoin during this period, but bulls signal that a fresh record high may be in sight. The AO histogram bars continue to rise, confirming a bullish crypto price prediction for the altcoin.
Meanwhile, the RSI has surged to 96, suggesting high buying pressure that may precede a short-term correction. If MOODENG can defend $0.29, the upward trend will go to as high as $0.79, at which point it will have created a fresh all-time high.
KAITO Price Targets $3 as MACD Buy Signal Emerges
KAITO price is also on the verge of even more gains after the MACD indicator formed a buy signal on the four-hour chart. This suggests that traders might soon start buying KAITO, and this may support the upward trend to the 161.8% Fibonacci level of $2.97, after which bulls will aim to breach the psychological level of $3. This technical outlook shows that despite soaring by 129% in the last week, KAITO price still has room for more gains and lead a recovery across the crypto market.
Summary of Crypto Price Prediction
The crypto price prediction today remains bullish after the total market cap increased by more than $380 billion in the last week. The upward trend has boded well for tokens such as TRUMP, WIF, MOODENG, and KAITO, which have spiked by double-digit percentages in the last week, and technical indicators suggest that these altcoins may be poised for even further price gains.
Frequently Asked Questions (FAQs)
The crypto price prediction today, May 13, is bullish as traders’ sentiment turns positive after the total market cap increased by more than $380 billion.
MOODENG and KAITO prices are gaining today due to a surge in buying pressure. These tokens have outperformed the rest of the market and are eyeing gains towards all-time highs.
TRUMP and WIF have the potential to outperform other Solana meme coins after their impressive gains. If buying pressure remains strong, the altcoins may target fresh all-time highs.
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muthoni
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
