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The meme coin market had fun next week thanks to the Christmas season, which could lead to an increase in memes, which in turn could lead to an increase not only in satirical emoticons, but also in their value.
BeInCrypto has already identified three meme coins that could benefit from earning during this Christmas season.
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SOUL
ANIME is up 62% over the past seven days, trading near $0.0083 at the time of writing. Try the meme currency Resistance level At $0.0084 after briefly jumping to $0.0092 during the day. The strength of the short-term momentum reflects the growing interest of investors and speculative activity.
Technical indicators support further upside. The Parabolic SAR indicator has confirmed an active uptrend, indicating that buyers are in control. If the demand continues, ANIME may break the $0.0084 and $0.0092 levels.
The continued rally targeted the $0.0100 level, extending gains in favorable market conditions.
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The downside risk remains if momentum weakens. Failure to maintain buying pressure may result in profit taking. In this case, ANIME can pull back towards the $0.0069 support.
A move towards this level invalidated the positive outlook and signaled a return to consolidation or a corrective price movement.
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BAN is up 31.4% in the past week, trading near $0.090 at the time of writing. Strong investor interest is driving the momentum as the meme coin approaches From the psychological level $0.100. The increase reflects improved sentiment and increased short-term trader engagement.
Technical signals supported the positive case. The exponential moving averages show a golden cross that forms with the 50-day EMA crossing above the 200-day EMA. This pattern often precedes the continuation of the trend and can help BAN break $0.093 and advance towards the $0.100 target.
Profit taking remains a major risk. Investors who sell during the holidays to lock in profits can Stop the rise. If selling pressure increases, BAN may have difficulty maintaining momentum. A pullback may push the price towards support at $0.079, delaying further upside.
FARTCOIN
FARTCOIN has gained 24% in the last three days, topping the list of the best performing currencies this week. It is trading near $0.303, andTry to make a meme Compensation for losses recorded earlier this month. The renewed momentum reflects short-term investor sentiment and increased speculative interest in the meme currency sector.
FARTCOIN benefits from a positive correlation with Bitcoin, which can increase the upside potential during BTC stabilization or recovery. If this correlation continues, the price may advance towards $0.320. Continued strength could pave the way for a move towards $0.358, which is the next major resistance level traders are monitoring.
Correlation also adds downside risk. Bitcoin’s decline could quickly reverse gains. In this scenario, FARTCOIN may fall below $0.280. Additional weakness could push the price towards $0.244, invalidating the positive outlook and putting broader bearish pressure on the market.
