• PEPE surged 5.66% off assist, rising its market cap by 5.60% to $0.00001503.
• FLOKI rebounded, rising 1.17%, regardless of a 21.96% drop in buying and selling quantity.
• BONK rose 2.14% and maintained bullish management after testing the resistance at $0.0000358.

Pepe (PEPE) value has surged over the previous 24 hours after discovering assist on the intraday low of $0.00001319. Bulls managed to interrupt the bearish development and despatched the value hovering to an intraday excessive of $0.00001503 earlier than hitting resistance. On the time of writing, PEPE is buying and selling at $0.0000145, up 5.66% from the assist stage.

Through the bull run, PEPE's market cap and 24-hour buying and selling quantity elevated by 5.60% and 1.44%, respectively, to $6,101,284,450 and $2,150,287,689. If the bulls handle to interrupt out of the intraday excessive of $0.00001503, the subsequent resistance ranges to look at are $0.000016 and $0.000017. Nevertheless, if the bears reverse course and sink the value beneath the present assist stage of $0.0000145, the subsequent ranges to look at are $0.000014 and $0.000013.

PEPE/USD 24-hour value chart (Supply: CoinMarketCap)

Nevertheless, the meme coin market has seen combined reactions, with PEPE and FLOKI trending upwards whereas different common meme cash akin to BONK and BOME are trending downwards.

FLOKI surges amid rising market volatility

FLOKI additionally surged increased on the day gone by after bulls surged and held assist on the intraday low of $0.0002405. Intraday, FLOKI bulls managed to push the value to a excessive of $0.0002601 the place resistance was sturdy. On the time of writing, FLOKI is buying and selling at $0.0002497, up 1.17%.

FLOKI's market cap rose 1.28% to $2,392,014,539 whereas buying and selling quantity plummeted 21.96%, suggesting doable consolidation or profit-taking amongst traders. This value motion means that FLOKI could also be going by means of a interval of indecisiveness as merchants attempt to discern the market's subsequent transfer.

FLOKI/USD 24-hour value chart (Supply: CoinMarketCap)

If the bulls break above the $0.0002405 resistance, the subsequent resistance ranges to look at are $0.0002601 and $0.0002800. Nevertheless, if the bears regain management, FLOKI may retest the $0.0002300 and $0.0002200 assist ranges.

BOME falls amid market correction

Nevertheless, the value of BOOK OF MEME (BOME) has been in a bearish uptrend over the previous 24 hours after failing to interrupt out of the excessive of $0.01357. Following this failure, it dropped to a low of $0.01281 the place assist was established. Regardless of this drop, there may be nonetheless an opportunity of a bullish reversal if BOME can get away of the resistance stage at $0.01357.

After that, the subsequent resistance ranges are $0.014 and $0.015. Nevertheless, if the bearish momentum sustains and the assist stage at $0.01281 is damaged, BOME may take a look at the decrease assist ranges at $0.012 and $0.011.

BOME/USD 24-hour value chart (Supply: CoinMarketCap)

Through the decline, BOME's market cap decreased by 0.87% to $912,158,261 and buying and selling quantity decreased by 25.54% to $345,793,875. This decline in market cap and buying and selling quantity signifies declining investor confidence and curiosity in BOME.

BONK goes in opposition to the bear market

In the meantime, BONK began the day with constructive momentum and confronted resistance after hitting a peak of $0.0000358 early in buying and selling. Regardless of this resistance, bullish momentum nonetheless held after assist at $0.00003243 held. On the time of writing, BONK was buying and selling at $0.00003422, which is a 2.14% enhance from the intraday low.

BONK/USD 24-hour value chart. Supply: CoinMarketCap.

On the upside, BONK's market cap elevated 2.93% to $2.3 billion whereas buying and selling quantity decreased 4.80% to $737.48 million. If the bullish momentum breaks out of the $0.0000358 resistance stage, the subsequent resistance ranges to be careful for are $0.0000382 and $0.0000400. Nevertheless, if the $0.00003243 assist breaks, the value can reverse in direction of the subsequent assist stage at $0.0000300.