This article discusses the significant corrections and bearish market conditions that have impacted meme coins, including Dogecoin, SPX, and FARTCOIN. Dogecoin experienced a 25% decline and faces the risk of extended downside unless buyers step in. The next key support for Dogecoin is at $0.220, and increased liquidation pressure could push it lower. A reversal is possible if Dogecoin reclaims the $0.268 support level. SPX suffered a 50% decline and continues to hold above a key support level at $0.568. If price action remains subdued, SPX could continue fluctuating between $0.568 and $0.759. A bullish reversal could occur if SPX flips the $0.759 resistance into support. FARTCOIN experienced a steep 58% decline and fell below the critical $0.600 support level. The next key level for FARTCOIN is $0.377, but without significant buying pressure, it could struggle to regain lost ground. A potential recovery is possible if FARTCOIN reclaims the $0.600 support level.
Content Editor ( beincrypto.com )
- 2025-02-07
This Week in Meme Coins: DOGE, SPX, FARTCOIN Crash Nearly 58%
