Meme Coins Market Overview: $TRUMP the Only Gainer in the Top 10, DOGE Shows No Signs of Reversal

The only asset within the top 10 most valuable assets in this segment that has performed positively this year is $TRUMP – which despite being up over +300% year-to-date

The price then went through a short consolidation period before breaking out lower and reaching a 30-day low at $0.3886. After another short consolidation period, the price bounced and reached a 30-day high at $0.4268.

However, the technical indicators on the daily chart show that DOGE’s 30-day gains might be coming to an end, as the Stochastic oscillator has formed a bearish cross and is about to exit the overbought zone.

At the same time, the RSI has flattened out in the upper ranges and might be preparing to turn down. If this happens, then DOGE could experience a short-term pullback before continuing its broader uptrend.

Pepe the Frog (PEPE) Might Be Preparing for More Losses

Pepe the Frog’s daily chart shows that following a sharp December rally, the price went through a short consolidation period before breaking out lower and reaching a 30-day low at 3800.

After another short consolidation period, the price bounced and reached a 30-day high at 4886. However, the technical indicators on the daily chart suggest that PEPE’s 30-day gains might be coming to an end.

The Stochastic oscillator is about to exit the overbought zone, while the RSI has flattened out in the upper ranges and might be preparing to turn down.

If this happens, then PEPE could experience a short-term pullback before continuing its broader downtrend.

Trump (TRUMP) May Have More Upside Potential

Trump’s daily chart shows that following a sharp December rally, the price went through a short consolidation period before breaking out higher and reaching a 30-day high at $116.

After another short consolidation period, the price bounced and reached a 30-day low at $92.

However, the technical indicators on the daily chart suggest that TRUMP’s 30-day gains might be continuing, as the Stochastic oscillator is still in the overbought zone, while the RSI is still in the upper ranges and might be preparing to continue its move up.

If this happens, then TRUMP could experience a further short-term rally before continuing its broader downtrend.