The meme coin market is likely to be booming next week thanks to Christmas, when meme become more popular. This not only helps increase the number of entertainment Token but their value could also benefit.
BeInCrypto has selected three meme coins with growth potential this Christmas season.
Animecoin (ANIME)
ANIME has surged 62% in the past seven days, currently trading near $0.0083 at the time of writing. This meme coin is challenging the $0.0084 resistance level after a surge to $0.0092 during the day. The strong short-term momentum suggests retail investor interest and increased speculative activity.
Technical indicators all support the possibility of continued price increases. The Parabolic SAR confirms that the uptrend is still being maintained, indicating that the buyers are in control. If demand remains strong, ANIME could surpass the $0.0084 and $0.0092 levels.
If the upward momentum continues strong, the price could head towards the $0.0100 region, especially under favorable market conditions.
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ANIME price analysis. Source: TradingViewThe risk of a correction remains if the strong trend weakens. If buying pressure is not sustained, retail investors taking profits could push the price down to the support zone of $0.0069.
If the price returns to this area, the positive outlook will lose its validity, and ANIME may return to a consolidation phase or require further correction.
Comedian (BAN)
BAN has surged 31.4% over the past week and is currently trading around $0.090 at the time of writing. The appeal from retail investors is helping this meme coin approach the psychological $0.100 mark. This upward momentum reflects improved market sentiment and the participation of more short-term investors.
Technical signals continue to support a bullish scenario. The Exponential Moving Medium (EMA) shows a Golden Cross pattern forming, with the 50-day EMA crossing above the 200-day EMA. This pattern typically signals a continuation of the uptrend, supporting BAN above $0.093 to reach the $0.100 target.
BAN price analysis. Source: TradingViewProfit-taking remains a significant risk. The holiday season could increase selling pressure , disrupting the upward momentum as investors take profits. If selling pressure intensifies, BAN may not be able to maintain its upward momentum. The price could retreat to the support level of $0.079, delaying the price increase.
Fartcoin (FARTCOIN)
FARTCOIN has surged 24% in the last three days, becoming one of the biggest gainers this week. Currently trading around $0.303, FARTCOIN is attempting to recover from its earlier-month losses. This new momentum suggests improving short-term sentiment, and the meme coin segment is also attracting increased investor interest.
FARTCOIN is benefiting from its positive correlation with Bitcoin, meaning that when Bitcoin stabilizes or recovers, the price of FARTCOIN tends to be stronger. If this correlation continues, the price could head towards $0.320. If buying pressure holds, FARTCOIN also has the potential to advance towards the $0.358 resistance zone that traders are watching.
FARTCOIN price analysis. Source: TradingViewHowever, this correlation also has a downside. If Bitcoin falls, the advantage can reverse very quickly. In that case, FARTCOIN could drop below the $0.280 region. If the negative trend persists, the price could even fall further to the $0.244 area, invalidating the optimistic outlook and clearly resuming the downtrend.
