The first sale of the Pump.fun native pump token has created undulations in the Launchpad industry. However, this did not have an impact on the performance of protocols as LetsBonk.fun exceeded the pump. Fun in terms of daily income.
Thus, Beincrypto analyzed three ecosystem tokens from LetsBonk.Fun to investors to monitor.
Useless (useless)
The unnecessary price is currently at $ 0.271, trading in a range between $ 0.222 and its top of all time (ATH) of $ 0.338. Altcoin is around 25% of its ATH, signaling a potential for subsequent growth.
Despite a slow week, useless shows signs of upward trend. The parabolic SAR indicator is currently positioned under the candlesticks, suggesting the potential of a more ascending dynamic.
If this trend continues, useless could exceed its ATH $ 0.338 and push towards the resistance of $ 0,400, offering upward prospects for the holders.
However, if the feeling of investors changes and the sale pressure increases, useless could face a decline. Falling under the support of $ 0.222 would indicate weakness, and a new drop could push the price to $ 0.182. This scenario would invalidate upward perspectives, highlighting the risks associated with market volatility.
Hosico Cat (Hosico)
Hosico has reached a new summit of all time (ATH) last week at $ 0.077, but has since dropped, currently negotiating at $ 0.047. The same part is now 62% to reach its ATH again.
The 50-day EMA positioned well below the candlesticks suggests that Hosico is likely to maintain its position above the support level of $ 0.040. This indicates a possibility for the Altcoin to resume the momentum upwards and to gradually go back to its previous ATH.
However, if HOSICO continues the support at $ 0.040, it could fall below $ 0.034, invalidating upward perspectives. A significant drop would suggest that the feeling of the market has changed and that the previous trend can be reversed.
Let’s Bonk (LetsBonk)
LetsBonk is currently down 12% today, with its price at 126% of its top of all time (ATH) of $ 0.259. Despite this, Altcoin has increased 44% in the last 24 hours, demonstrating its ability to bounce back.
Trading at $ 0.114, LetsBonk is above the support level of $ 0.090. To reach ATH, Altcoin must overcome a key resistance at $ 0.187.
The violation of this barrier would probably trigger a new rally, pushing the token closer to its top of all time. With the RSI seated in the bullish zone above the neutral brand, it is likely that LetBonk will increase.
However, if LetsBonk faces a sales pressure in the coming days, he may not maintain support at $ 0.090. This could lead to a significant drop at $ 0.041, invalidating upward perspectives.
The post 3 letsbonk.fun ecosystem tokens to monitor the third week of July appeared first on Beincrypto.
