The 3 Meme coins worth following in the last week of July: SPX6900 (SPX), Vine (VINE), Useless (USELESS)

With the recent poor performance of mainstream meme coins, small-cap meme coins led by Vine (VINE) have emerged strongly. VINE has risen 152% in the past 24 hours and is currently priced at $0.166. Meanwhile, SPX6900 (SPX) and Useless (USELESS) have also reached all-time highs and show strong momentum. This article analyzes the trends of these three potential meme coins this week, providing insights into altcoin market rotation opportunities for cryptocurrency investors.

[Market Rotation] Small Market Cap Meme Coin Vine (VINE) stands out.

In the past few days, the top Meme coins have taken a pause, and smaller tokens like Vine (VINE) have started to lead the market. This Meme coin, inspired by the now-defunct social media platform, is currently the best-performing Meme coin.

BeInCrypto analysis found that this week there are two more Meme coins with potential for continued rise, providing opportunities for crypto users looking for the next big pump Meme coin.

【Technical Analysis】SPX6900 (SPX): Supported by the cloud layer, target $2.50?

SPX has maintained a stable upward trend since the beginning of this month, continuously setting multiple all-time highs (ATH), including the $2.27 reached today. This price movement reflects strong investor interest, driving this Meme coin to new heights and creating a positive cryptocurrency market sentiment.

The current trading price of SPX is $2.23, a 14% rise in the past 24 hours. The Ichimoku Cloud is currently acting as a technical support level, signaling a bullish trend. This suggests that SPX may rise further, and if market conditions remain favorable and investor confidence continues, its price is expected to challenge $2.50 or higher.

However, if selling pressure intensifies, SPX may face a reversal risk. If it falls below the key support level of $2.00, it could push the price down to $1.74 or lower, thereby negating the current bullish outlook.

【Trend Indicator】Useless (USELESS): Parabolic turning bullish, challenging $0.500 new high

USELESS has recently joined the rise, reaching a historical high (ATH) of $0.441. This Meme coin is currently holding steady above the support level of $0.364, showing upward strength. If this positive trend momentum continues, its price is expected to rise further.

The Parabolic SAR indicator is located below the candlestick, indicating that USELESS is in an active upward trend, suggesting it may continue to rise. Given the increased market demand for USELESS, it is very likely to break through the current ATH and reach $0.500 in the short term, establishing a new price high, providing opportunities for traders focused on the breakout of Meme coins.

However, if the overall cryptocurrency market turns bearish, USELESS may struggle to maintain its current position. Losing the support level of $0.364 could trigger sell-offs, pushing the price down to $0.296. This would overturn the current bullish argument and could lead to a momentum reversal.

【Big Pump Focus】Vine (VINE): 24-hour surge of 152%, targeting $0.200 resistance level

VINE has shown remarkable growth, with a price rise of 152% in the past 24 hours. The Meme coin is currently priced at $0.166, making it one of the best-performing tokens of the day. This sharp surge demonstrates strong momentum in its price trend, attracting the attention of more investors looking for short-term opportunities in alts.

VINE has established a solid support at $0.138 and is currently targeting the $0.200 mark. Given its recent strong performance, the likelihood of breaking through this resistance level is high, indicating further rise potential. If the bullish trend continues, VINE is expected to set new highs in the coming days.

However, the token also faces the risk of selling pressure from investors taking profits. If this occurs, VINE may fall below the $0.138 support level, and further dip to $0.100 or lower. Such a decline would negate the current bullish outlook and signal a possible correction in the Meme coin market.

Conclusion: The current Meme coin market is showing significant rotation, with small market capitalization tokens like VINE experiencing explosive growth, while SPX and USELESS maintain an upward trend supported by technology. Cryptocurrency investors chasing high-yield Meme coin opportunities must closely monitor key support levels and changes in overall market sentiment, remaining vigilant to short-term correction risks. It is worth continuously tracking whether these alts can sustain their strong performance this week.