This week, three altcoins have stood out, namely Fartcoin (FARTCOIN), SPX6900 (SPX), and Ethena (ENA).
FARTCOIN, as a rising star in the meme coin space, has surged 67% in the past seven days, reaching an all-time high and successfully positioning itself as the fifth largest meme coin on Solana, further solidifying its market position.
SPX also reached an all-time high, with a market capitalization of $1.22 billion, accumulating a 63% increase this week. Despite a decline in trading volume, its overall performance remains strong.
Meanwhile, Ethena (ENA) received a positive market response after releasing its 2025 roadmap, with a price increase of 37%, demonstrating strong growth potential.
FARTCOIN
FARTCOIN was launched on the Pump.fun platform, with a current market capitalization of $1.4 billion, having surged 67% in the past seven days. Recently, the token has repeatedly reached new all-time highs, further solidifying its position as the fifth largest meme token on Solana.
From a technical perspective, its EMA line maintains a strong bullish trend, indicating that upward momentum may persist. If the current rally continues, FARTCOIN may test the key resistance level of $1.61. Once successfully broken through, the price is expected to further rise to $1.70, or even reach new highs of $1.80.
FARTCOIN price analysis.
However, if the key support level of $1.299 fails to hold, FARTCOIN may face significant pullback risks. At that point, the price could drop to $0.92, and even possibly fall below the $1 mark. Close attention should be paid to market trends and buying strength.
SPX
SPX recently reached an all-time high, with a market capitalization exceeding $1.22 billion, successfully entering the top 100 altcoins. In the past seven days, SPX soared 63%, demonstrating strong market performance. Although trading volume has decreased by 27% in the past 24 hours, the overall trend remains bullish, indicating continued market attention and confidence in the token.
SPX price analysis.
If the upward trend of SPX continues, the price may rise further, first testing the resistance level of $1.40, and even aiming for the $1.50 level. However, if the market reverses, SPX may pull back to the recent strong support level of $0.93.
If this support level is breached, it may trigger a larger pullback, and the price could drop to $0.819, or even further down to $0.615. Caution is advised regarding the gains and losses of key points.
ENA
Ethena (ENA) is a synthetic dollar platform based on Ethereum, which has performed particularly well this week, becoming one of the most noteworthy altcoins. Its price surged 37% in the past seven days, drawing significant market attention.
The key factors driving its growth are the announcement of the 2025 roadmap, which includes the launch of the Telegram payment application and the TradFi adoption plan. These innovative initiatives have significantly boosted investor confidence, bringing more market enthusiasm to the project.
ENA price analysis.
ENA currently has a market capitalization of $3.77 billion, just 19% away from its previous all-time high. If the upward trend continues, the price may break through the resistance level of $1.32 and approach the historical high of $1.50.
However, if the upward momentum weakens, ENA may pull back to the key support level of $1.12 for testing. If this support fails to hold, the price may further drop to $1.01, and investors need to pay attention to market changes and adjust strategies accordingly.
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