While the Memecoin market suffered harsh sales in January, some projects managed to attract the attention of investors by resisting this decline. Here are 5 Memecoin that must be followed in February:
Toshi (Toshi)
In January, TOSHI reached $ 0.00211, the highest level of all time, with an increase of 838 %. However, it is currently difficult to create a level of $ 0.001289 as support.
If Toshi exceeds this level and manages to stay on it, he can regain the acceleration of the rise. In this scenario, the possibility of popular Memecoin’s re -historical summit may be strengthened. However, if the level of $ 0.001289 cannot be preserved as support, the price may record a large retreat of up to $ 0,00057.
Dogecoin (Doge)
Dogecoin began to signal sales printing by breaking the latest trend line down. According to the technical analysis, DEGE may face a 20 %reduction risk and can test $ 0.264.
If Doge loses $ 0.295 support, sales pressure may increase and may cause the price to decline. However, if it constitutes the $ 0.328 level as a support, it can recover and increase up to $ 0.360.
Pepe (Pepe)
Pepe declined under the trend line and experienced a 20 %decrease. However, in the last 24 hours, a 10 %recovery is traded at $ 0.00001146.
In order for the price to recover, the level of $ 0.00001369 needs to be preserved as support. If this level is reached and on it, the rise movement may be strengthened. Otherwise, the loss of 0.00001146 may cause more sales pressure.
Floki (Floki)
FLOKI is moving in a downward trend, losing 40 %in the last month. It is currently traded at $ 0,000123 and supports $ 0,000110 as a critical region.
According to historical data, FLOKI showed strong rise when it was able to recover from this support. If the level of $ 0.000132 is won as a support, the investor interest may increase again. However, the loss of 0.000110 support may cause the price to decrease below $ 0.000100.
Fartcoin (fartcoin)
Fartcoin, the highest level of all time, has reached $ 2.74 after a 52 %decline. Currently, it maintains its support of $ 0.69, but the volatility continues due to market uncertainty.
If the level of $ 0.69 is maintained, Fartco may rise to $ 1,54 and start a new rally. In this case, the price can reach $ 2.74 again. However, if this support is lost, the price seems to be likely to test the level of $ 0.37 by falling below $ 0.60.
