3 notable memecoins in the last week of August

Although the crypto market has had a tough week, some memecoins have still made an impression on investors. Among them are some small-cap tokens like Wiki Cat (WKC), which has increased by up to 77% in the past week.

The article below will analyze two other memecoins that also have good performance or are showing strength, and are expected to rise this week.

Wiki Cat (WKC)

The price of Wiki Cat (WKC) has increased by 77% over the past 7 days, reaching $0.000000194. At the time of writing, WKC remains above this level – which is considered very important for maintaining the upward momentum.

Currently, WKC is holding above the support level of $0.000000186, indicating stability. If this trend continues, the price could rise to the strong resistance level of $0.000000391. Support from investors will be the key factor in determining whether WKC can break through this resistance level.

WKC Price Analysis | Source: TradingViewHowever, the Parabolic SAR indicator suggests a downtrend, warning of the risk of moving in a negative direction. If WKC cannot hold above $0.000000186, it may break the support zone and slide down to $0.000000118 or lower. This would invalidate the current bullish hypothesis, leading to further losses for this memecoin if the downtrend continues.

Launchcoin On Believe (LAUNCHCOIN)

Launchcoin On Believe (LAUNCHCOIN) has recently performed poorly, decreasing by 6% in the past week. Despite the decline, this memecoin still shows signs of recovery potential. The price may increase if the overall market sentiment improves, which is why it is being watched by investors.

The Parabolic SAR indicator is below the candle indicating that LAUNCHCOIN may be entering a bullish trend. Currently priced at $0.049, this token has the potential to break higher. If this coin can maintain $0.055 as a support level, it could lay the groundwork for the next upward momentum, attracting more optimistic sentiment from the market.

Price analysis of LAUNCHCOIN | Source: TradingViewHowever, if LAUNCHCOIN cannot break the level of $0.055, it risks falling back to $0.041. Dropping to this support level would derail bullish prospects and could signal a continued downtrend.

Bertram The Pomeranian (BERT)

Bertram The Pomeranian (BERT) has emerged as one of the stronger performing tokens, currently trading at $0.078. Despite the overall market volatility, this memecoin has shown resilience. The performance of BERT stands out, making it a noteworthy asset for investors.

The Ichimoku Cloud indicator is below the candle, signaling that the bullish momentum may continue. If this trend persists, BERT could surpass $0.079 and turn this level into support. A successful breakout will pave the way for further gains, with a potential price target of $0.09, boosting optimistic sentiment among investors.

Analysis of BERT price | Source: TradingViewHowever, if BERT holders decide to sell, this altcoin may struggle to maintain its upward momentum. Failing to hold the support level of $0.068 could lead to a price drop, potentially down to around $0.054. This move would invalidate the bullish hypothesis and wipe out recent gains.

Dinh Dinh