Chubby penguins (PENGU)
- Current price: $0.029
- Recent High: $0.070
PENGU has recently gained popularity, securing a place among the top coins. His rise has surpassed tokens like Dog Hat (WIF) and Floki (FLOKI). Investors are closely watching its progress.
- Potential scenario:
- PENGU could aim to turn the $0.040 resistance level into support, providing room for upside rallies.
- Risk factor:
- A fall below $0.029 could push it to $0.022. This drop could dampen bullish sentiments and attract bearish pressure.
Fartcoin (FARTCOIN)
- Market capitalization: 1 billion dollars
- Current price: Below $0.98
- Support level: $0.81
FARTCOIN an unexpected rise to fame showcases the unpredictable nature of meme coins. Its large market capitalization reflects strong demand.
- Potential scenario:
- Holding the $0.81 support could pave the way for stability and a potential upward move.
- Risk factor:
- A break below $0.81 could lead to a decline to $0.70, reversing the uptrends and highlighting its volatility.
Pepe (PEPE)
- Current price: $0.00001871
- Support level: $0.00001785
PEPE remained stable compared to other meme coins, avoiding major declines. This resilience makes it a safe choice for some investors.
- Potential scenario:
- Reclaiming $0.00002334 as support could trigger a new rally.
- Risk factor:
- A fall below $0.00001785 could push it to $0.00001696, raising concerns about its position in the market.
SPX6900 (SPX)
- Current price: $0.85
- Resistance level: $0.91
SPX struggled to rise above $0.91. The token’s performance has been under pressure since October, but opportunities remain.
- Potential scenario:
- Breaking above $0.91 and turning it into support could lead to a 40% rally and a new all-time high.
- Risk factor:
- If the price does not rise above $0.91, SPX could fall to $0.70, weakening investor confidence.
Turbo (TURBO)
The origin of Turbo makes it stand out among the crowd of coins. Although it struggles to rise above $0.013, it maintains strong interest.
- Potential scenario:
- A break above $0.013 could push the price towards $0.020, strengthening its position.
- Risk factor:
- A fall below $0.008 could test the $0.006 support, posing risks to investor confidence.
Summary table
Coin | Current price | Resistance | Support | Key risk |
Chubby penguins | $0.029 | $0.040 | $0.029 | Drop to $0.022 |
Farcoin | Below $0.98 | $1.19 | $0.81 | Drop to $0.70 |
Pepe | $0.00001871 | $0.00002334 | $0.00001785 | Decline at $0.00001696 |
SPX6900 | $0.85 | $0.91 | $0.70 | Failure to break $0.91 resistance |
Turbo | Consolidation | $0.013 | $0.008 | Move to $0.006 |
Investors should consider both potential gains and risks before making decisions. These meme coins could see some exciting moves, but their volatility remains a key factor to watch.
