- $PEPE shows bullish momentum with key support at $0.0007520–$0.0007550.
- $TRUMP’s gradual trend suggests breakout potential above $8.40 resistance.
- $BONK’s solid volume increase points to continued bullish movement above $0.00001260.
Memecoins have been making waves in the cryptocurrency market, with various coins attracting both traders and investors. The recent rise in the prices of popular tokens like $PEPE, $TRUMP, $FARTCOIN, and $BONK raises the question of whether another memecoin rally is on the horizon. These tokens have shown intriguing price movements, with key support and resistance levels pointing to potential growth in the short term.
$PEPE’s Short-Term Price Action and Key Levels
Currently priced at $0.0007849, $PEPE has seen a solid increase of 7.18% in the last 24 hours. This upward momentum has been driven by two strong breakouts and some periods of consolidation.
Volume has increased by 57.21%, which indicates a rising interest from buyers. In the short term, $PEPE has key support levels between $0.0007520 and $0.0007550, which acted as a launchpad for recent rallies.
The lowest point of the day, $0.0007297, also provides a strong support base. Resistance lies between $0.0007900 and $0.0007950, with a psychological barrier at $0.0008000. A breakout above these levels could lead to further bullish momentum.
$TRUMP: A Gradual Trend with Breakout Potential
The price of $TRUMP is currently $8.26, reflecting a 2.06% daily change. Despite a decline in 24-hour volume by 30.16%, the price has remained steady, showing resilience. The key support zone for $TRUMP lies between $8.11 and $8.12.
If the price falls below this, it could test the $8.00 psychological level. On the upside, $8.40 serves as the immediate resistance, with $8.50 as the next target if the momentum continues. Volume trends suggest some cooling off, but the gradual price action is still seen as a bullish sign, given the accumulation pattern.
FARTCOIN’s Rapid Ascension and Resistance Targets
FARTCOIN has made significant strides, with a current price of $0.9105, marking an 11.36% increase in the last 24 hours. Volume has slightly declined, but the price remains strong.
The immediate support zone is between $0.8750 and $0.8800, and a strong pullback could test the $0.8152 level. Resistance is initially at $0.9250, with a psychological resistance of $0.9500 likely to play a role in future price action. A breakout above $0.9250 could signal the start of another bullish phase for the token.
$BONK: A Strong Uptrend Backed by Volume
$BONK’s current price of $0.00001261 has increased by 4.08% in the last 24 hours. With a solid volume increase of 7.30%, the token’s short-term outlook looks bullish.
The primary support level is at $0.00001212, with a secondary pullback zone between $0.00001240 and $0.00001245. Resistance is seen at $0.00001285–$0.00001290, with a psychological barrier at $0.00001300. If $BONK maintains its volume and stays above $0.00001260, further upside potential towards $0.00001290 and $0.00001300 is likely.
