MOG, SNEK Form ATH, GIGA Rises
The past few days have not been the best for meme coins, as the market favored Bitcoin, which crossed the $100,000 mark. Momentum for the top meme tokens has been poor, leading to equally lackluster growth. Still, some meme coins hit new highs.
BeInCrypto analyzes three meme coins that have overcome bearish implications and managed to achieve unexpected feats.
Mog Coin (MOG)
Mogyou A 38% rise last week pushed its price to $0.000003144. The altcoin also hit a new all-time high (ATH) at $0.000003392, demonstrating its strong momentum.
The recent surge has lifted MOG out of a long-term consolidation below the $0.000002850 resistance. This resistance level now acts as support, providing a solid base for future price movements. This breakout suggests that MOG may continue to move higher as long as this support level holds.
Although an immediate retracement is not expected, selling pressure could trigger a price correction. A break below $0.000002850 will boost MOG Back Consolidating, the next support level is around $0.000002349. If this happens, MOG’s upward trajectory could face a temporary setback, leading to cautious investor sentiment.
SNEK
SNEK is up 61% in the past seven days, which is quite solid considering the current bearish sentiment in the meme coin market. While some Meme tokens have gained as much as 2,000%, SNEK’s growth has stood out, showing resilience amid market skepticism towards joke tokens.
Like MOG, SNEK hit an all-time high of $0.0094 this week, indicating strong investor interest. As of writing, the coin remains above the $0.0070 support. Sustaining this support will be crucial to sustain the recent uptrend and continue the rally toward higher targets.
However, if SNEK loses support at $0.0070, the coin may face a significant decline. A drop to $0.0045 would invalidate the bullish outlook and could lead to further losses.
GIGA
GIGA has been published Gains have been strong this week, up 28% in the past seven days. Currently selling for $0.0563, the meme coin continues to attract investor attention. The recent gains highlight growing interest in GIGA, making it one of the better performing stocks on the market this week.
GIGA’s next key objective is pushing prices back to solid support at $0.0597. Successful holding of this level will pave the way for a move towards $0.0639. A sustained break above this level could significantly amplify investors’ profits, further cementing GIGA’s recent uptrend.
However, if Jijia lost If the support at $0.0502 is exceeded, a sharp decline to $0.0434 is possible. A break below this level would invalidate the bullish outlook and could trigger a market correction.
Disclaimer
conform to trust project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to providing accurate and unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions, privacy policyand Disclaimer Updated.