The cryptocurrency market has displayed a strong bullish recovery over the last seven days after recording a strong bearish action during the first half of January. With this, the memecoin market has recorded the highest gains during the month.
Considering the present market sentiments, investors are curious with questions like “Is this a good time to invest in memecoins? And “When will altcoin season begin?” In this article, we have uncovered the market sentiment and possible monthly price analysis of 3 meme coins.
Toshi (TOSHI)
The Toshi price has gained significant attention from the crypto space with its impressive price surge of 100% in seven days and 843.73% over the past month. Furthermore, it has skyrocketed 790.72% this year, resulting in its market cap surging to $455.997 million.
The Moving Average Convergence Divergence (MACD) records a constant decline in the green histogram. However, the SMA indicator displays a strong bullish rise. This highlights mixed price action for the memecoin in the crypto space.
If the bullish sentiment sustains, the TOSHI price will breach its resistance level of $0.00138 and head toward its upper high of $0.00175. Conversely, a bearish situation could pull the price toward its low of $0.000735 in the coming time.
Are you planning to invest in the rapidly expanding Base memecoins before the memecoin mania starts? Read Brett Price Prediction to uncover the possible long-term mysteries!
Pepe (PEPE)
The PEPE coin price has dropped ~17% in seven days and 32.11% over the past month. Moreover, it has plunged over 34% this year. However, considering its historic sentiments, this memecoin is projected to display a strong bullish reversal in the coming time.
The Relative Strength Index (RSI) has successfully retested its oversold range in the daily time frame. Moreover, its average trendline is on the verge of experiencing a bullish convergence in the Pepe price chart. This suggests a positive outlook for the memecoin in the coming time.
Maintaining its bullish price action could result in the Pepe memecoin price heading toward its upper high of $0.0000260. However, a sustained bearish action could pull the price toward its important support level of $0.00000600.
Wondering about the long-term price range of the 04th largest meme coin by market cap? Read Pepe Price Prediction 2025, 2026 – 2030!
AI Companions (AIC)
Despite recording a correction of ~2% in 24 hours, the AIC price has surged 227.68% in seven days and 257.16% over the last 30 days. Moreover, with a Year-to-Date (YTD) return of 227.79%, this memecoin has a market capitalization of $280.48 million.
The Simple Moving Average (SMA) records a sharp rise in the daily time frame. Moreover, the MACD indicator records a similar price action. This suggests that the AI Companions price may continue gaining value in the coming time.
Suppose, the market favors the bulls, in this case, the AIC price will achieve a new ATH during the upcoming month. On the flip side, a bearish price action could result in it retesting its low of $0.2575.
Considering stacking BNB Coin this month? Read Binance Coin Price Prediction to explore the possible long-term possibilities!
FAQs
Considering the present market sentiments, investing in memecoins is considered as high-risk high-reward.
If the bullish sentiment sustains, the Pepe memecoin could hit a high of $0.0000731 this year.
With a market capitalization of $48.671 billion, the Dogecoin price is considered to be the best meme coin investment.
With increased adoption, the PEPE coin price could range between $0.0000529 and $0.000158 during 2030.
