The encryption market offered mixed signals during the past week, as Bitcoin struggles about the resistance level of $ 9,200. As a result, most Altcoins, including coins, have been severely lost.
Beincrypto has analyzed three Meme coins – facing significant declines, while one sees gains despite the declining market conditions.
Fartcoin (Fartcoin)
Fartcoin witnessed a 32 % decrease over the past week, as it was traded at $ 0.38 after failing to violate the $ 0.60 barrier. Mimi’s currency has struggled to restore upward momentum, highlighting the difficulty in overcoming previous resistance levels. Since Fartcoin faces these challenges, it becomes more vulnerable to lows for more declines unless market conditions provide stronger support for reflection.
After reaching its lowest level in two months, Fartcoin is currently holding $ 0.26. If the price recovery fails, it risk uniformity around this level or may decrease further, and perhaps to $ 0.16. The inability to penetrate the main resistance points reflects the constant caution of merchants, indicating that complete recovery may take longer to achieve it.
However, if Fartcoin managed to successfully secure $ 0.37 as a support floor, the road may pave the way to rise towards $ 0.60. A successful breach of this level would nullify the thesis of the landing, and it may send Fartcoin to more than $ 0.69.
POPCAT (Sol) (POPCAT)
The price of Popcat has decreased by 23 % over the past seven days, as it has been traded at $ 0.26. Nevertheless, the Mimi currency managed to restore $ 0.23 as a support level. This recovery is still initially, and Popcat faces uncertainty because it tries to restore the lost land and keep a recovery.
Popcat is still vulnerable to a potential decrease to $ 0.20, as the previous performance indicates that the coin is struggling to maintain recovery. Historically, when it does not bounce from the main support levels, it is often returned to these levels to recover.
If the broader momentum in the market remains positive, POPCAT may be able to penetrate resistance levels and rise about $ 0.34 or higher. With favorable conditions, Altcoin can target $ 0.49, which nullifies the declining expectations and preparing the stage to achieve more fundamental gains in the coming days.
Brett (Brett)
Brett, one of the most important Mimi currencies, challenged the broader market trends, increasing by 15.7 % to trading at $ 0.049. This height indicates a positive transformation of Altcoin, indicating that it may continue to gain momentum if favorable conditions continue.
Altcoin creates $ 0.047 as a support floor, which is very important to recover Brett. This level will be necessary for Ken to exceed the resistance at $ 0.058, which represents its next main goal. The maintenance of this support can pave the way for more upward movement in the coming days.
However, if $ 0.047 fails to keep it, Brett may be able to see a decline, and may decrease to $ 0.035. Such a decrease would nullify the upcoming expectations and expand the losses of investors, indicating a possible stopping in its recovery. Constant violation of this support can significantly affect the procedure in the future prices of Altcoin.
Disintegration
In line with the guidance of the confidence project, this price analysis article is for media purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and unbiased reporting, but market conditions are subject to change without notice. Always perform your research and consult with a professional before making any financial decisions. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.
