Meme Coins had an intriguing week, with some end in green, while most losses. Nevertheless, optimism is growing, as Bitcoin holds a mark of $ 97,000, which fuel hope for a wider recovery among coins.
Beincrypto analyzed two coins of memes leading for the charge, and another ready for a quick recovery.
SPX6900 (SPX)
This week, the price of SPX increased by 28%, due to an improvement in market conditions. This increase in movement helped a meme to recover after a sharp decline by 54% in the previous week. The reverse deposit signals the potential for further growth, provided that the pulse can be saved in the coming days.
Currently, SPX is currently traded by 0.80 US dollars to provide support in the amount of $ 0.75. In case of success, this would pave the way to rise to 0.91 dollars. Violation of this resistance will additionally confirm the ascending trend and provide a solid basis for a coin of memes to strive for a mark of $ 1.00.
However, if the SPX cannot violate $ 0.91, it may encounter a consolidation period above the support level of $ 0.75. This can lead to a delay in recovery, which is potentially invalid from the point of view of a bull -diving perspective. Without additional market support, a further ascending impulse may not be stable.
Ass (ass)
Popcat price increased by 73%, bargaining by 0.35 US dollars compared to the latest update. Having become one of the most effective coins of memes, it was possible to restore almost half of the 71% decrease observed from January to February, demonstrating the potential for further growth as an increase in pulse.
Currently, trade of $ 0.35, Popcat is faced with a resistance at 0.37 US dollars. If Altcoin manages to turn this barrier in support, it will provide its recent achievements and help to press the pulse further upward. A successful violation of $ 0.37 would pave the way for further growth and higher prices.
If Popcat cannot violate the resistance of $ 0.37, this may be a rollback. In this case, the price can return to the level of support in the amount of $ 0.23, potentially recognizing the prospects of bull. This can erase recent benefits and cause additional market uncertainty related to the future of Altcoin.
Official Trump (Trump)
Trump was one of the worst coins of memes this week until the last 24 hours, when he saw 23%. The jump occurred after Crypto, the company of US President Trump, World Liberty Financial, initiated a token reserve, causing an resumption of interest in Altcoin and raised its price.
A 23% growth led to a total weekly growth of up to 11.5%, and the price is now $ 19.06. Currently, Trump is faced with resistance at the level of $ 19.58, and switching this level in support is crucial for Altcoin to continue its restoration. Successful price action can prepare the ground for further achievement.
If Trump cannot violate the barrier in the amount of $ 19.58, this can lead to consolidation below this resistance level. Altcoin may return to support for $ 16.00 or even check his record minimum of $ 14.29. This scenario will lose its bullshit and increasing losses, delaying potential recovery.
