January was a very volatile month, with numerous parts of upper memes faced with high sales pressure in the middle of the larger drop of the market. However, some privileged people challenged the trend and saw significant gains. Like the beginning of February, investors are impatient to understand the next step for these tokens.
Beincryptto identified five pieces even for investors to monitor and analyze their potential trajectories in February.
Toshi (Toshi)
Toshi was among the best Corners In January, increase by 838% and reach a new summit of $ 0.00211. This remarkable rally highlighted a strong interest in investors, positioning Altcoin as one of the most volatile but promising assets in the parts sector.
Currently, Toshi is struggling to establish $ 0.00,1289 as a level of support. However, if the meme medal crosses and returns this level this level, it could resume the bullish momentum. This decision could propel Toshi to his ath and potentially beyond, strengthening confidence among investors.
Failure to recover $ 0.001289 because the support could trigger a deeper correction, sending Toshi to $ 0,00057. Such a decrease would erase a large part of its recent gains, increasing the sale pressure and delaying any potential recovery of the memes piece.
DOGECOIN (DOGE)
Dogecoin, the main piece of memes, is currently faced with a downward pressure because it has broken down from a trend line. This technical training is often associated with trend reversals, signaling a potential decline.
The model suggests that Dogecoin could see a 20%drop, targeting $ 0.264. This downward scenario would probably be confirmed if Dogeying tests and fails To contain the level of support of $ 0.295.
Ventilation below this threshold could speed up the sale pressure and cause new losses. Thus, investors should monitor these levels if they wish to go out before the losses go up.
However, if Dogecoin manages to return $ 0.328 in a support floor, he could resume the momentum. A movement above $ 0.360 would invalidate the lower perspectives, reporting a potential recovery. This scenario would attract a renewed confidence of investors and would prepare the way for a possible increased escape.
Pepe (pepe)
Pepe has extended its downward trend in progressTesting the trend line as a support before finally breaking it this week. The drop in memes play has totaled 20%, strengthening the lowering feeling. This price action has raised concerns among investors as to whether cryptocurrency can stabilize and trigger a potential recovery.
Despite recent losses, Pepe has increased 10% today, currently negotiating at 0.0000,0001146. The advantage of this scenario is that the same piece has probably touched its local buttocks, suggesting a limited risk risk. If it holds, Pepe could see a movement up, making it an attractive entry point for merchants.
To confirm a recovery, PEPE must secure $ 0.00001369 as a support level. This would succeed in strengthening its optimistic case.
However, if he loses the support of 0.0000001146, additional declines could follow, potentially invalidating optimistic perspectives and extending the correction phase.
Floki (Floki)
Floki remains in a persistent downward trend, similar to Pepe, fighting to stay above his trend line. Currently negotiating at $ 0,000,123, the memes coin decreased by almost 40% in last month.
Historically, Floki has rebounded After testing the support level of $ 0,000110, triggering recovery. A confirmation of the bullish impetus would require that the same piece returns $ 0,000132 in a support floor. The recovery of this level could arouse a renewal of interest, pushing the higher price in the short term.
However, if the downward trend persists and Floki loses its support of $ 0,000,110, the situation could worsen. Another drop below $ 0,000100 would invalidate upward perspectives and extend the losses of investors, signaling a deeper correction in the action of the memes part.
Fartcoin (Fartcoin)
Fartcoin was up to investor expectations By reaching a summit of all time (ATH) of $ 2.74, but also disappointed with a decrease of 52% in the last ten days. The extreme of memes volatility has raised concerns about its ability to maintain upward momentum in the midst of uncertainty on the market scale.
Despite the strong correction, Fartcoin is above the level of critical support of $ 0.69, which historically prevented deeper withdrawals. If this support is valid, the same part could resume the momentum, recovering $ 1.54 as support and making another attempt to reach its ATH $ 2.74 and beyond.
However, if Fartcoin loses its support by $ 0.69, it could trigger new drops. A decrease less than $ 0.60 could send the token to $ 0.37, invalidating upward prospects and extending the losses of investors. The next few days will be crucial to determine if the same medal can recover or cope with another slowdown.
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