The crypto market has seen small caps and meme coins rise to the top, with Goatsues Maximus (GOAT) leading the pack with a 210% increase over the past week. GOAT has reached an all-time high of $0.902 and is currently consolidating above the $0.640 support level. If it maintains momentum, it has the potential to form new all-time highs. However, if investors start selling, GOAT could experience a correction and drop to $0.466.
SAFE has also seen a significant 58% increase and is currently holding above the $1.30 support level. If it can breach and hold $1.64 as a support floor, it could rise further to $1.87 and beyond. But if it loses the $1.30 support, it could drop to $1.10 and risk losing recent gains.
RAY has experienced a 40% increase and is now trading at $3.01. It is testing the critical resistance at $3.33, and a successful flip of this resistance into support could drive further gains. However, if selling pressure increases, RAY could retrace to the $2.71 support level and potentially drop further to $2.45, invalidating the current bullish outlook.
- Content Editor ( beincrypto.com )
- 2024-10-27
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