Top Trending Coins for Today: FET, EGO, PEPE, STRUMP, and WIF

This week, meme coins remain prominent among the top five trending markets, although they have not secured the first or second positions. Occupying these spots are utility tokens, with Fetch.ai leading and EGO following closely. Despite this, meme coin markets have maintained considerable momentum over the past few weeks, and in today’s analysis, their performance remains noteworthy as they closely trail the leading two markets. Without delay, let us proceed with today’s market analysis.

This week, the Fetch.ai market (FET) experienced notable bullish activity, commencing with a strong uptrend from the $2.500 price level on Sunday and reaching a peak of $3.500 by Thursday. However, the market has since encountered a bearish reversal at the $3.500 mark, indicating a current downturn. Nevertheless, the potential for a bullish reversal at the $3.00 price level is emerging. This is supported by the observation of a spinning top candlestick in today’s trading, suggesting resistance to the prevailing bearish sentiment.

You can read more here: https://cryptosignals.org/article/top-trending-coins-for-today-march-23-fet-ego-pepe-strump-and-wif/