Top 3 popular meme coin price predictions this week: PENGU, CULT, OSAK

The meme coin market has shown a thriving scene as the new week begins, with the total market capitalization of the entire industry skyrocketing by 9.5%, surpassing the 90.5 billion dollar mark. In the past week, some coins have performed strongly, while many other coins are also showing signs of being ready to join this accelerating upward momentum in the coming days.

Bitcoin Magazine has selected and analyzed three well-known meme coins that investors should pay special attention to, along with the potential price prospects of each project.

Pudgy Penguin (PENGU)

In the past week, the price of PENGU has increased by 31%, currently trading at approximately $0.039, just 18.7% lower than its all-time high of $0.046. This rise is attributed to widespread bullish sentiment and strong market capital inflows, laying the groundwork for PENGU to retest key resistance levels.

It is worth noting that a "golden cross" pattern formed last week - a technical signal usually associated with a sustained upward trend, further enhancing the prospect of a breakout. If PENGU can break through the level of 0.040 USD and turn it into solid support, the pump may continue, bringing the altcoin closer to refreshing its previous highs.

However, the risk of a pullback cannot be ruled out. If profit-taking pressure intensifies, PENGU may reverse and decline, with key support at $0.029. Falling below this level could temporarily halt the upward trend and weaken the positive short-term outlook.

(Source: Trading View)

Milady Cult Coin (CULT)

After a 53% surge in the past week, CULT is slowly regaining momentum, currently trading at around 0.00106 USD. This indicates that the meme coin is approaching a breakout phase, with key resistance at 0.00110 USD.

Stable buying pressure continues to be the main driver for the CULT price pump, helping the coin consolidate its position in the market against adjustments in other assets.

The technical signals currently support a bullish trend. The Parabolic SAR indicator is currently below the candlestick chart, indicating that the upward trend can be maintained. If CULT maintains this upward momentum and combines with supportive bullish factors in the cryptocurrency market, the possibility of breaking through the resistance level of 0.00110 USD is definitely present.

Once it breaks through this level, CULT may continue to reach the price range of $0.00124—this price level is seen as a milestone that enhances confidence in the asset's growth prospects.

However, investors should remain cautious about the possibility of a pullback. If short-term positions experience profit-taking, upward momentum may be suppressed. If selling pressure rises sharply, the price of CULT may reverse and drop to the support level of 0.00087.

If the level cannot be maintained, the decline may extend to a deeper level of 0.00072 dollars - thus exceeding the current bullish expectations.

(Source: Trading View)

Osak Protocol (OSAK)

OSAK, as one of the best-performing meme coins last week, has stirred up the market, achieving an astonishing 81% pump in just the past seven days. Currently, this altcoin is trading at approximately 0.0000002077 USD, and its remarkable pump has attracted the attention of many investors.

The recent breakthrough of OSAK clearly reflects the increased demand and strong optimism among retail traders—this group has been playing a dominant role in the meme coin wave.

The parabolic turning indicator (currently located below the K-line) continues to strengthen the current upward trend. If OSAK can break through the key resistance level of $0.0000002101, the bullish outlook will be further confirmed.

In this bullish situation, the OSAK price may drop to $0.0000002340, creating significant profit opportunities and enhancing the bullish sentiment of short-term investors.

On the contrary, if it fails to break through or encounters strong selling pressure in the aforementioned resistance zone, OSAK may reverse. A price drop below the support level of 0.0000001646 will weaken the current pump trend and open up reversal risks in the short term.

(Source: Trading View)