Amid a broader cryptocurrency market dip, meme tokens REKT, USELESS, and BOBO have posted substantial gains while approaching critical technical resistance levels that may determine their near-term price trajectories.
REKT surged 14% today and 51% over the past week to trade at $0.000000659. The token now faces immediate resistance at $0.000000686, with analysts identifying $0.000000745 as a potential upside target if bullish momentum continues.
USELESS gained 15% to reach $0.318, nearing its all-time high of $0.382. Technical indicators suggest the token could target $0.449 if it maintains crucial support at the $0.310 level during market fluctuations.
BOBO rallied 51% weekly to $0.0000007893, confronting resistance at $0.0000008077. Market technicians note a potential Golden Cross formation emerging on its charts, signaling possible sustained upward price movement.
In broader market developments, Ethereum’s stablecoin supply surpassed $140 billion in July 2024, reflecting heightened ecosystem activity. Simultaneously, XRP continues consolidating near multimonth highs with bullish chart patterns suggesting potential for further rallies.