With Bitcoin making it past $110,000 over the last 24 hours, the whole crypto market witnessed a surge. Meme coins managed to make the most of this with their market cap rising by 5.7% to stand at $66.62 billion.
BeInCrypto has analyzed three meme coins for investors to watch as they managed to emerge as chart toppers.
MOG has emerged as the top-performing meme coin, posting a 27% rise in the last 24 hours. Currently trading at $0.000001095, the coin is nearing a critical resistance level of $0.000001121. A successful breach of this barrier could lead to further price gains for the altcoin.
The exponential moving averages (EMAs) are converging, indicating a potential Golden Cross in the coming days. If bullish momentum persists, this crossover could push MOG’s price to $0.000001205 or higher. The combination of the EMAs and increased buying pressure suggests a possible continuation of the positive trend for MOG.
However, if MOG fails to breach the $0.000001121 resistance or if selling pressure increases, the meme coin’s price could decline. A drop to the support level of $0.000000966 would invalidate the current bullish outlook. This would signal that MOG’s price could struggle to maintain upward momentum in the near term.
NEIRO price has surged 18% in the last 24 hours, currently trading at $0.000494. The altcoin is approaching a key resistance level at $0.000512, and a breakout above this barrier could lead to further price gains.
The Ichimoku Cloud indicator below the candlesticks suggests that a breach of $0.000512 could propel NEIRO to $0.000548. This potential rise would extend profits for NEIRO holders, reinforcing the bullish outlook. If the momentum continues, the meme coin could reach new levels in a relatively short time.
However, if NEIRO fails to secure its recent gains or faces increased selling, the price could slip to $0.000417. Such a decline would invalidate the bullish thesis, signaling a reversal in sentiment and further downward movement. The support level at $0.000417 is crucial for maintaining upward potential.
HOUSE has emerged as one of the best-performing meme coins of the day, surging by 22% in the last 24 hours. Currently trading at $0.038, the altcoin’s strong price movement indicates growing interest. If the current momentum continues, HOUSE could break through key resistance levels and further rise.
The Relative Strength Index (RSI) shows that bullish momentum is strengthening for HOUSE, with the indicator nearing a breach of the neutral mark of 50.0. This move would confirm continued upward momentum, potentially pushing HOUSE past $0.042 and towards $0.053, offering significant profits to its 22,450 holders.
However, if broader market cues turn bearish, HOUSE could follow the negative trend and slip to $0.031. Such a decline would invalidate the current bullish thesis, signaling a potential price correction. The market’s overall sentiment will play a key role in determining the coin’s future price movement.
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