Following the broader crypto market’s cues, most meme coins recorded losses today. However, some found stability, offering a chance for recovery, while a small group, including Ava AI, managed to rally.
BeInCrypto has analyzed two more such meme coins for investors to watch and to determine which direction they could take going forward.
Fartcoin (FARTCOIN)
Launch Date – October 2024
Total Circulating Supply – 999.99 Million FARTCOIN
Maximum Supply – 1 Billion FARTCOIN
Fully Diluted Valuation (FDV) – $1.34 Billion
Contract Address – 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump
FARTCOIN’s price has dropped 13% over the past five days after failing to break the $1.54 resistance. Despite this decline, positive signs are emerging, hinting at potential recovery for the meme coin as market conditions evolve.
Bollinger Bands indicate FARTCOIN is nearing a squeeze, signaling upcoming volatility. The candlestick below the basis line suggests this volatility may drive a price rise, potentially pushing FARTCOIN back toward or above the $1.54 resistance level.
FARTCOIN Price Analysis. Source: TradingView
However, if bearish momentum dominates, FARTCOIN could continue its downward trend. A decline to $1.20 would invalidate the bullish outlook, signaling increased selling pressure and further losses for investors.
Melania Meme (MELANIA)
Launch Date – January 2025
Total Circulating Supply – 398.91 Million MELANIA
Maximum Supply – 1 Billion MELANIA
Fully Diluted Valuation (FDV) – $341.11 Million
Contract Address – FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P
MELANIA has been in a downtrend for the past month, currently trading at $0.341. This decline has limited the meme coin’s ability to gain upward momentum and attract new buyers amid broader market challenges.
However, the MACD indicates that bullish momentum remains intact, avoiding a bearish crossover. This technical strength could support MELANIA’s price when market conditions improve, helping it flip $0.372 into support and target a rise toward $0.424.
MELANIA Price Analysis. Source: TradingView
If MELANIA falls below the $0.344 support level, it risks dropping to $0.314. Such a move would invalidate the bullish outlook and likely prolong losses for investors holding the altcoin.
Small Cap Corner – Ava AI (AVA)
Launch Date – November 2024
Total Circulating Supply – 998.86 Million AVA
Maximum Supply – 1 Billion AVA
Fully Diluted Valuation (FDV) – $55.25 Million
Contract Address – DKu9kykSfbN5LBfFXtNNDPaX35o4Fv6vJ9FKk7pZpump
AVA was one of the best-performing meme coins today, rising 14% despite broader market declines. With nearly 54,800 holders, Nansen’s data shows some accumulation by investors. This growing interest signals positive momentum for AVA amid challenging market conditions.
Bullish cues could help AVA hold $0.052 as support, a key level for further gains. Maintaining this support may enable the meme coin to recover losses and target a breakout above $0.067, signaling renewed investor confidence.
AVA Price Analysis. Source: TradingView
However, the 50-day EMA currently acts as resistance, indicating short-term bearish pressure. If AVA falls below the $0.052 support, it could drop to $0.044, invalidating the bullish outlook and suggesting further downside risk for traders.
