The rhythm of the crypto market sometimes feels like a roller coaster, exhilarating enough to make your palms sweat, yet you can't help but want to experience it again. This week’s altcoin battlefield is exceptionally thrilling; whether you're a seasoned technical analyst or a new trader relying on instinct, don’t miss out on this potential explosive opportunity!
Today, we focus on four major coins — #SPX6900 , #PEPE , #MOODENG these popular Memecoins, along with the standout Hyperliquid (#hype ), to see who is most likely to bring the next wave of crazy surges. Get ready, bring your energetic spirit, and let’s watch the market together!
The three giants of the Memecoins battlefield: SPX6900, PEPE, and MOODENG are all gearing up!
Let’s first discuss the three Memecoins that have recently performed impressively; they are all poised near key technical patterns, ready to break resistance and initiate significant market movements.
SPX6900: Steady progress, bullish cup and handle pattern building for a breakout.
SPX6900 has recently given a very stable impression. It has successfully broken through a typical bullish cup and handle pattern, and the current price is retracing to the key breakout range between $1.73 and $1.77. At the end of July, it reached $2.28, but then fell back to $1.42, briefly dipping below the breakout zone, but this pullback seems more like a healthy fluctuation rather than a trend reversal.
Currently, SPX6900's price has once again stood above the 20-day moving average, indicating strong buying activity. If the price can hold the $1.77 level, the next wave of increase is likely to refresh the historical high, possibly even breaking the previous high of $2.28. 🚀 However, traders should be cautious; if the daily closing price falls below this breakout area, be wary of potential signal failure and market uncertainty.
PEPE: Triangle consolidation, just one step away from a breakout.
Speaking of Memecoin, PEPE is definitely the king of topics.
It is currently hovering within a typical bullish ascending triangle, with resistance locked in between $0.000015 and $0.000016. Buyers and sellers are exchanging blows within this range, and the sellers have not been able to push the price below the ascending trendline, indicating that demand remains stable.
PEPE's current price is approximately $0.0000113, slightly below the 20-day moving average. After attempting to break through the top of the triangle at the end of July and failing, it has entered a consolidation phase.
However, this structure is healthy, indicating that buyers are still building strength. As long as the price can decisively break through the resistance level with increased volume, the next wave of increase is expected to reach $0.0000274, representing an increase of around 70%. 💥 Of course, if the daily closing price falls below the ascending trendline, be alert for pullback risks!
MOODENG: A tense battle in a symmetrical triangle, direction of breakout yet to be determined.
Moo Deng (MOODENG) has also been performing impressively recently.
It is in a consolidation state of a symmetrical triangle, oscillating between the support line at $0.15 and the resistance line at $0.25, ready to break out at any moment.
In May, it once surged to $0.35, but after a pullback, it still hit a new low, indicating that buyers have not exited the market. The current price is about $0.18, slightly below the 20-day moving average, with the RSI indicator also in a neutral zone (around 49), indicating a balance between bulls and bears.
This symmetrical triangle can easily lead to a two-way breakout, but combined with the recent historical high of Binance Coin (BNB), MOODENG is more likely to break upward. If it can stand above the $0.25 resistance line with strong trading volume, the next target will point to $0.47, a staggering increase of 160%! 🔥 However, if the price falls below the $0.15 support, the bullish pattern would need to be reassessed.
The story of HYPE: Hitting $50 is not a dream, but be wary of the pullback risk.
Having talked about Memecoins, let’s turn our attention to another dark horse — Hyperliquid (HYPE). This coin has been on a surge recently, with a price increase of 27% over the past week, nearly breaking the upper Bollinger band and attracting a large number of traders.
The price rhythm and technical patterns of HYPE.
As of now, HYPE's price is approximately $45.50, up 4.5% in the last 24 hours, with trading volume also surging by 15%. Technical analysis shows that since early May 2025, HYPE has been steadily climbing along an upward trend line. This rapid surge is exciting, but the price is approaching the upper Bollinger band, suggesting a potential pullback in the short term.
Historical data shows that whenever HYPE touches the upper Bollinger band, it is often accompanied by selling pressure, leading to a price adjustment of about 10%-13%. Only after this can it potentially continue rising. 😅 Therefore, investors should be mentally prepared that short-term pullbacks are a healthy correction.
However, if HYPE can successfully close above $47, breaking the historical high will be within reach! The current RSI indicator is around 60, indicating there is still some room before reaching overbought territory, meaning the upward momentum remains.
Liquidation risks and capital flows.
Interestingly, HYPE's total locked value (TVL) has surged to a historical high, indicating increased recognition and confidence from investors. Exchange data shows that in the past 24 hours, bulls have opened positions worth $10.91 million while bears have opened positions worth $3.33 million, with bulls clearly in the lead.
However, it is important to note that the critical liquidation zone is near $44.25 and $47, meaning there may be significant forced liquidations at these price points, leading to sharp price fluctuations. Traders should be cautious of the risks and avoid being blown away by leverage. ⚠️
Summary: Multiple coins are making moves, with opportunities and risks coexisting. Are you ready?
This week, the Memecoins SPX6900, PEPE, and MOODENG are in a critical technical window, and any breakout could lead to explosive market conditions. Meanwhile, HYPE continues to strengthen, approaching the $50 mark and sparking market discussions. 🔥
📊 Technically, SPX6900 and PEPE are both building strength in the cup and handle and triangle patterns, while MOODENG is in the compression phase of the symmetrical triangle, all of which are expected to usher in a breakout. Despite facing pressure at the upper Bollinger band, HYPE's upward trend is solid, and after a short-term adjustment, it may continue to climb.
Of course, investing carries risks, and market conditions can change unpredictably, especially the warnings against liquidation risks and the invalidation of technical patterns should not be ignored. 💡 Remember to reasonably control your positions and act in accordance with the trend, and don't blindly chase after highs.
Whether you are a short-term trader looking to ride the hype or a value investor looking for long-term opportunities, it is worth paying attention to the subsequent dynamics of these coins. I hope this summary helps you clarify your thoughts and seize this rare market opportunity. After all, the crypto space is never short of surprises; only those who seize opportunities can smile in the end! 😎
Many understand the trend, but few follow the rhythm.
The crypto market changes rapidly, with opportunities and risks coexisting. Learning to enter and exit strategically and protecting your capital is essential for steady progress and wealth accumulation. ✍️
Remember to DYOR, manage your risk well, and wish everyone smooth sailing in the crypto space! 🌊
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