
As the cryptocurrency market prepares for a potential bull run, meme coins are gaining significant attention due to their immense growth potential. In this article, we’ll examine five meme coins that could dominate the market by 2025.
First up is SLAP (SLAP), which has been trading at $0.21 after experiencing a significant decline from its peak of $0.65. Despite the recent downturn, technical indicators suggest that SLAP may be poised for a rebound. The Relative Strength Index (RSI) and stochastic oscillator are both indicating oversold conditions, with an RSI reading of 45.45 and stochastic value of 11.13, respectively.
Additionally, the 10-day and 100-day simple moving averages align at $0.26, suggesting consolidation rather than a continued downtrend. If momentum picks up, SLAP could target nearby resistance levels at $0.50 before potentially reaching higher resistances around $0.70.
Source: bravenewcoin.com