Jakarta, Pintu News – Market sentiment, especially in the memecoin category, is experiencing rapid changes as Bitcoin (BTC) prices rally to the $88,000 level.
Memecoins tend to attract more buying and selling activity than Bitcoin itself, making the direction of its price movements difficult to predict.
Currently, a number of popular memecoins such as Pepe, Fartcoin, FLOKI, and a few others are performing quite strongly. However, the question is, is this rise only temporary?
Fartcoin (FARTCOIN) price has been experiencing a parabolic recovery since early March. However, so far, Fartcoin is still struggling to break the crucial resistance level of $0.98.
The significant drop in trading volume also reduced volatility, hindering the price movement to cross the important resistance limit.
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Meanwhile, the MACD indicator almost had a bearish crossover, but the MACD line is now trying hard to climb back above the Signal line, indicating that bullish strength is recovering.
On the other hand, the +DI and -DI indicators that were almost crossing in a bearish direction are now widening, signaling a possible bullish movement.
Technically, the signals are starting to show bullish tendencies. However, as long as trading volumes remain low, the price of Fartcoin is expected to continue moving consolidatively around the $0.9 range.
The price of Pepe Coin (PEPE) has successfully bounced off the local bottom for the second time in a row, forming a double-bottom pattern which is an indication of a strengthening bullish trend.
Despite the decline in trading volume, buyer dominance still remains strong, keeping the opportunity for price increases open.

The RSI indicator is currently approaching an important boundary and has the potential to cross it for the first time this year. If successful, this is believed to push the RSI out of the bearish zone and strengthen the upward momentum of the price.
On the other hand, the MACD indicator, which is already bullish, is also preparing to move into the positive zone, strengthening confidence in the continuation of the uptrend.
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As such, the price of PEPE is expected to continue rising towards an important resistance zone between $0.00000878 and $0.0000090. If it manages to break through this zone, there is a high probability that the token will “remove one zero” from its value, accelerating the pace of its further rise.
Floki (FLOKI) price had previously dropped out of the descending parallel channel pattern and formed a new parallel channel. However, the recent rise has pushed the price back inside the upper part of the channel, indicating a recovery in trend strength.
At the same time, the Bollinger Bands indicator begins to align, signaling a decrease in volatility. This usually leads to a “squeeze” phase which can trigger a bullish breakout.

Meanwhile, the RSI is showing an upward trend and is trying to break the average zone. If successful, this could push the price of FLOKI closer to the resistance level around $0.0000068.
With the technical signals getting stronger, the price of FLOKI seems confident enough to maintain a solid uptrend and potentially reach the $0.00001 target in the near future.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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