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Cryptocurrency News Articles
Three Meme Coins to Watch: FARTCOIN (FARTCOIN), Popcat (SOL) (POPCAT), and Brett (BRETT)
Feb 22, 2025 at 03:30 am
The crypto market has displayed mixed signals over the past week, with Bitcoin struggling around the $98,200 resistance level.
BeInCrypto analyzes three meme coins as the market experiences a downturn. Fartcoin (FARTCOIN) has seen a 32% decrease, while Popcat (SOL) (POPCAT) and Brett (BRETT) have experienced a 23% and 15.7% increase, respectively.
Fartcoin (FARTCOIN) price analysis: Aiming for $0.60 or $0.16
After hitting a two-month low, FARTCOIN is trading at $0.38, having failed to breach the $0.60 barrier. The meme coin encountered strong resistance at this level during its previous rally, highlighting the difficulty in surpassing key resistance points.
FARTCOIN has a support level of $0.26, which it is holding above after recovering from the two-month low. If the price fails to recover, it risks consolidating around this level or potentially falling further, possibly reaching $0.16.
On the other hand, if FARTCOIN can secure $0.37 as a support floor, it could pave the way for a rise towards the $0.60 resistance. A successful breach of this level would invalidate the bearish thesis, potentially sending FARTCOIN beyond $0.69.
Fartcoin (FARTCOIN) price chart on a seven-day time frame (Binance). Source: BeInCrypto Pro
Popcat (SOL) (POPCAT) price analysis: Targeting $0.34 or $0.20
After hitting a two-month low, POPCAT is trading at $0.26 with a 23% decrease over the past seven days. Despite this downturn, the meme coin has managed to reclaim $0.23 as a support level.
This recovery is still tentative, and POPCAT faces uncertainty as it attempts to regain lost ground and sustain a rebound. However, the altcoin is showing some resilience, which could help it continue to rise from past lows.
Past performance indicates that the coin struggles to sustain recovery, and when it doesn’t bounce back from key support levels, it often falls back to these levels to recover. If the broader market momentum remains positive, however, POPCAT could break through resistance levels and rise toward $0.34 or even higher. With favorable conditions, the altcoin could target $0.49, invalidating the bearish outlook and setting the stage for more substantial gains in the coming days.
Popcat (SOL) (POPCAT) price chart on a seven-day time frame (Binance). Source: BeInCrypto Pro
Brett (BRETT) price analysis: Rallying towards $0.058 or $0.035
Brett (BRETT) is one of the few top meme coins that have risen amid the broader market downturn, gaining 15.7% to trade at $0.049. This uptick signals a positive shift for the altcoin, suggesting that it may continue to gain momentum if favorable conditions persist.
The altcoin is establishing $0.047 as a support floor, which is critical for BRETT’s recovery. Holding this level will be essential for the altcoin to break past the resistance at $0.058, marking its next key target. Maintaining this support could pave the way for further upward movement in the coming days.
However, if $0.047 fails to hold, BRETT could see a pullback, potentially dropping down to $0.035. Such a drop would invalidate the bullish outlook and extend the losses for investors, signaling a potential halt in its recovery. A sustained breach of this support could significantly impact the altcoin’s future price action.
Brett (BRETT) price chart on a seven-day time frame (Binance). Source: BeInCrypto Pro
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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