Meme coins lost their groove over the last few days but some tokens continue to find bullish momentum. One of the leading the meme coins in the last 24 hours has been SPX6900, which has risen by 30%.
BeInCrypto has analyzed two other meme coins for investors to watch as they follow SPX’s footsteps.
PEPE has maintained an uptrend for the past three weeks, aiming to extend its price gains. Currently trading at $0.00001443, the meme coin faces resistance at $0.00001489, which it must overcome to continue its upward trajectory.
If bullish momentum continues, PEPE could break past $0.00001489. This breakthrough might trigger a 10.79% rise, pushing the price to $0.00001600 and confirming the strength of the ongoing uptrend.
However, failure to breach $0.00001489 could lead to a decline. PEPE may fall below the support level of $0.00001384, potentially dropping toward $0.00001216 and invalidating the current bullish trend.
SPX surged nearly 31% in the last 24 hours, currently trading at $1.18, just below the $1.23 resistance. This momentum suggests the meme coin is set to continue rising, fueled by growing investor interest and positive market sentiment.
The potential Golden Cross, with the 50-day EMA crossing above the 200-day EMA, signals a strong bullish shift. If confirmed, SPX could advance toward $1.40, attracting more buyers.
However, failure to break $1.23 or increased selling pressure could push SPX back to $1.00. This decline would negate the recent gains and challenge the current bullish outlook.
The meme coin BITCOIN has risen 5.3% recently, with the Ichimoku Cloud below the candlesticks, indicating continued bullish momentum. This suggests the price could sustain its upward trajectory in the near term.
Currently trading at $0.079, BITCOIN remains confined between $0.081 and $0.071. A breakout above $0.081 could drive the meme coin’s price to $0.090.
However, increased selling pressure may lead to consolidation. If BITCOIN falls below the $0.071 support, it could drop to $0.064, invalidating the bullish outlook.
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