SPX, POPCAT Rally, TRUMP Bounces Back
Meme Coins had an interesting week, some ended in green, and most of the losses. But optimism is rising as Bitcoin stabilizes in the $97,000 range, which brings hope for a wider recovery for meme coin holders.
Beincrypto analyzed two meme coins, led the charge and helped to recover quickly.
SPX6900 (SPX)
SPX prices soared 28% this week, driven by improved market conditions. This upward movement helps Same corner Recovered from a sharp drop of 54% last week. Rebounding marks the potential for sustained growth, as long as the momentum can be maintained in the coming days.
SPX is currently trading at $0.80 and is working to secure a $0.75 support platform. If successful, this will pave the way for a $0.91 uptick. Violation of this resistance will further confirm the upward trend and Same corner The target is $1.00.
However, if SPX fails to break above $0.91, you may face some time above the $0.75 support level. This could result in a delay in recovery and could invalidate the bullish outlook. Without additional market support, further upward momentum may not be sustainable.
Popcat
Popcorn price Soared 73%, trading at $0.35 as of the latest update. The Explosion became one of the best performing meme coins, and found half of the decline in the decline between January and February, with further growth likely to grow further as momentum is established.
Popcat is currently trading at $0.35, facing resistance of $0.37. If Altcoin manages to hand over this barrier to support, it will ensure its recent gains and help drive upward momentum further. A successful breach of $0.37 will pave the way for sustained growth and higher target targets.
if Popcorn failed To violate the $0.37 resistor, it may encounter a callback. In this case, the price may return to the support level of $0.23, which may invalidate the bullish outlook. This could eliminate recent earnings and raise additional market uncertainty around Altcoin’s future.
Official Trump (Trump)
Trump was one of the worst-performing meme coins this week until his last 24 hours of growth of 23%. The jump comes after President Trump’s cryptocurrency company World Free Finance launched a reserve fund for tokens, sparking renewed interest in Altcoin and raising prices.
The 23% rise brought the total weekly growth rate to 11.5%, and now the price is $19.06. Trump is currently Facing the $19.58 resistance and turning this level to support is crucial for the altcoin to continue to recover. Successful price action can lay the foundation for further gains.
if Trump failed In order to violate the $19.58 barrier, it may lead to consolidation of this resistance level. AltCoin may return $16.00 support and can even test its all-time low of $14.29. This situation will invalidate the bullish outlook and expand the losses, delaying potential recovery.
Disclaimer
and 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 accurate and impartial 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.
