Meme coins had a rollercoaster week, with some making gains while others faced losses. But with Bitcoin holding steady around $97,000, hope for meme coin holders is on the rise.
BeInCrypto delves into two meme coins making waves and another gearing up for a quick bounce back.
SPX6900 (SPX)
SPX saw a hefty 28% leap this week, buoyed by improving market conditions. The meme coin is bouncing back from a steep 54% drop last week, hinting at potential growth if the momentum sticks around.
Currently priced at $0.80, SPX aims to solidify its $0.75 support line. Breaking past $0.91 could launch SPX towards the $1.00 milestone, establishing a strong uptrend. But failing to breach $0.91 might lead to a consolidation phase, stalling its recovery.
Popcat (POPCAT)
Popcat surged by 73%, trading at $0.35 lately. Showing promising signs after recovering nearly half of its previous decline, POPCAT has potential for more growth as momentum picks up.
Priced at $0.35, POPCAT faces a hurdle at $0.37. Flipping this resistance could bolster its upward momentum. Falling short might trigger a pullback to $0.23, dampening its bullish outlook and introducing market uncertainty.
OFFICIAL TRUMP (TRUMP)
TRUMP struggled this week until a sudden 23% spike in the last 24 hours. With President Trump’s crypto firm launching a token reserve, interest in the altcoin was reignited, pushing its price up.
With a $19.06 price tag, TRUMP faces a challenge at $19.58. Breaking through this level is crucial for its recovery. Failing to do so might result in consolidation below this barrier, potentially leading to a drop towards $16.00 or even testing its all-time low at $14.29.