Jakarta, Pintu News – The crypto market in general continues to perform sluggishly today, with many of the top assets falling to their lowest points in recent weeks.
When major coins are near important support zones, meme tokens also experience sharp corrections. However, amidst these conditions, some meme coins are attracting attention due to their relative resilience and potential increase in value.
Useless Coin (USELESS)
Solana -based meme token USELESS has been one to watch this week. As of June 23, the token was briefly trading at $0.102, up more than 22% in the last seven days.
Read also: These 3 Altcoins Could Explode to New All-Time Highs by the End of June 2025 – Don’t Miss Out!
USELESS managed to avoid the general market decline in recent weeks and reached anall-time high of$0.119 on June 21.
Although it has since experienced a slight decline, the daily chart shows that bullish momentum is still present in the market.
For example, USELESS’ Balance of Power(BoP) indicator-which measures the strength of buyers versus sellers in the market-showed a positive figure of 0.26.
If the BoP of an asset is in the positive zone, it means that buyers are dominating the market and driving new price increases. If the buying pressure from the bulls remains strong, USELESS has the potential to return to its highest price and even surpass it.
On the contrary, a decrease in buying pressure could trigger a price correction to the $0.092 level.
Tutorial (TUT)
TUT rose by 30% in the past week and 15% in just one day. This meme token seems poised to continue those gains, making it one of the meme coins worth watching this week.
On the daily chart (23/6), the Aroon indicator shows the strength of the ongoing uptrend. At the time of this report, the Aroon Up Line TUT is at 100%.
The Aroon indicator is a tool in technical analysis used to identify the direction and strength of a trend by measuring the time since the last price high or low.
When the Aroon Up Line is at 100%, it means that the asset has just reached the highest point in the observation period, usually 25 periods. This applies to TUT, which is currently trading at its three-month high of $0.042.
If this rally continues, the meme token could potentially break above $0.043 and go all the way to $0.05.
However, ifprofit-taking resurfaces, the price of TUT could drop to $0.039.
Read also: Can Shiba Inu Price Recover to $0.000017? Bullish Reversal Pattern Begins to Form!
Banana For Scale (BANANAS31)
BANANAS31 has gained 17% and as of June 23 was trading at $0.0079. The token briefly touched anall-time high of$0.0085 in the early Asian trading session on Monday.
In the last 24 hours (23/6), the trading volume of this meme token surged by almost 66% to reach $78 million.
This surge reflects the strong demand driving the token’s price rally, and indicates that the current upward momentum is supported by real market interest.
If this trend continues, the altcoin has the potential to reach its highest price again and even break above it.
However, if demand slows down, the value of BANANAS31 could drop to $0.0075.
That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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