The market capitalization of parts even recently exceeded $ 73 billion thanks to a wider bull market, with many small capitalization tokens emerging and the most efficient. However, the main parts of memes had trouble maintaining solid gatherings.
At the beginning of August, the key question remains: which tokens will continue to publish gains and direct the next growth phase? Beincrypto analyzed three coins of this type which have bullish clues for this month.
Same (m)
MEMECORE has become one of the best interpreters in the same currency space, knowing a remarkable increase of 911% since its launch.
Trading at $ 0.557, Altcoin continues to attract attention because of its explosive growth and its high presence on the market, signaling additional gains potential in the near future.
The rise of even the same, especially after mid-July, placed Altcoin on a track to two major stages: its top of all time (ATH) at $ 1.01 and breaking the barrier of $ 1.00.
Although it currently has 79% below its ATH, solid investor support will be crucial to reach these key levels in the future.
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However, if the feeling of investors moves towards the pressure of the sale, the same may have difficulty maintaining its momentum.
A drop below the support level of $ 0.440 could push Altcoin in a consolidation phase, potentially block growth and return it closer to the $ 0.298 area.
Rekt (Rekt)
Rekt showed impressive growth in July, increasing by 221%. Altcoin is now negotiated at 0.000001155 and continues to maintain significant momentum this month.
This significant increase in Rekt positions as a notable piece of memes, showing additional growth potential, because the feeling of the market remains positive.
The presence of the parabolic SAR under the candlesticks indicates an active upward trend for Rekt. If the current market conditions are maintained, this indicator suggests that the same part could increase more.
Rekt could push around $ 0.0000013 and even break this level, marking an important step for Altcoin.
However, unforeseen market conditions could trigger a slowdown in Rekt. If the price falls below the support level of 0.0000000000933, the Altcoin may be dropped to $ 0.0000,000745.
A sustained drop below this level would invalidate the current upward perspectives.
Fatty penguins (pingou)
PEGGU is currently negotiated at $ 0.035, 33% of its top of all time (ATH) of $ 0.046. With the Bollinger converging bands, the same part is preparing for an explosion of volatility.
This indicates the potential for movement of significant prices in the near future, especially if the bullish momentum continues.
The volatility triggered by the shrinking Bollinger bands should increase the price of the Pengu. If the Altcoin exceeds the resistance of $ 0.040, it could increase to the ATH by $ 0.046.
A successful violation could lead the pingou to $ 0.052, marking a continuous rally and a new potential summit.
If the Pingou fails to violate the resistance of $ 0.040, the down pressure could pull the price. In this case, the room could fall to $ 0.029, additional losses, which reduces it to $ 0.023.
This drop would invalidate upward perspectives and indicate a reversal of the momentum.
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