The pieces even had a difficult day because the wider market indices plunged into the lowering territory. However, an exception of the Osaka Protocol (OSAK) has become the most efficient parts, displaying an increase of 19%.
Beincrypto analyzed two other coins for investors to monitor and where they are heading.
SPX6900 (SPX)
- Launch date – September 2023
- Power supply in total circulation – 930.99 million SPX
- Maximum power supply – 1 billion SPX
- Fully diluted evaluation (FDV) – $ 1.08 billion
- Contract address – 0xe0f63A424A44439CBE457D80E4F4B51AD25B2C56C
The price of SPX is down 12% today, which makes it one of the less efficient parts. Despite this, the Altcoin managed to maintain above the level of support of $ 1.14. This resilience suggests a possible rebound if the support remains intact, although the current momentum is a concern for investors.
The Ichimoku cloud indicator, which is under the candlesticks, signals a potential bullish momentum for SPX. This technical model indicates the possibility of a rebound, allowing the same part to secure $ 1.25 as a support. If this happens, SPX could reach $ 1.42, marking a significant recovery from its recent stockings.
However, if SPX does not maintain the support of $ 1.14, the same part could fall to $ 0.98. This would invalidate the bullish thesis and lead to additional drops for SPX.
Award for the squirrel (NAP)
- Launch date – November 2024
- Power supply in total circulation – 999.85 million IPC
- Maximum power supply – 999.85 million IPC
- Fully diluted evaluation (FDV) – $ 217.1 million
- Contract address – 2qehjdldlbbgryvsxhc5dwwaivnfzgan56p1tpump
PNUT followed the traces of SPX, knowing a drop of 7% today, but still holding the support of $ 0.219. Despite the drop, Altcoin managed to maintain this crucial level. The current volatility suggests that a rebound is possible if this can maintain this support in the future.
The parabolic SAR seated under the candlesticks indicates that the bullish impulse for IPP is still intact. This technical model suggests a potential rebound return, allowing the meme piece to go back to $ 0.260.
However, if the downward trend continues, PNUT could slip more into the daily graph. A break below the current support of $ 0.219 would lead the Altcoin to $ 0.182. Such a decrease would extend losses and invalidate upward perspectives, signaling other challenges for the action of PNUT prices.
Petit Cap – Osaka Protocol (Osak)
- Launch date – July 2023
- Power supply in total circulation – 761.45 Billions of Osak
- Maximum power supply – 1 quadrillion osak
- Fully diluted evaluation (FDV) – $ 61.84 million
- Contract address – 0xa21af1050f7b26e0cff45ee51548254c41ed6b5c
Osak has managed to challenge Bearish market signals, showing an increase of 19% in the last 24 hours. While the most efficient memes piece today is an unexpected push attracts attention. The resilience of Altcoin in the middle of the uncertainty of the market already benefits its 11,960 holders.
Currently, a merchant at 0.0000000794, OSAK is above the crucial support of $ 0.0000,000,750. The room even target 0.0000000965, which would mark a significant recovery of its losses in June. If Osak successfully crosses this barrier, it could see a sustained rally and attract new investments on the market.
However, if investors decide to take advantage of the recent increase in Osak, the part could face the sales pressure. A shift below the support of 0.0000000750 would carry OSAK in terms of support at 0.0000000600, potentially invalidating upward perspectives. Price action will strongly depend on the feeling of investors and broader market conditions.
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In accordance with the Trust project guidelines, this price analysis article is for information purposes only and should not be considered as financial or investment advice. Beincrypto is committed to exact and impartial reports, but market conditions are likely to change without notice. Always carry out your own research and consult a professional before making financial decisions. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
