The cryptocurrency market has started 2025 on a positive note, recovering from the bearish sentiment that dominated December. Bitcoin ($BTC ) has shown resilience, bouncing back from its low of $92,000 on December 31 and climbing above $96,000 today. Alongside Bitcoin, memecoins such as Apu Apustaja (APU) and Ponke (PONKE) have gained attention following their recent breakouts, sparking investor interest.
In the past 24 hours, APU has surged by over 18% after a critical breakout, while PONKE has returned to an upward trajectory, showing signs of strength.
Apu Apustaja ($APU)
Apu Apustaja (APU) has experienced a significant surge of over 18% within the last 24 hours, following its breakout from a falling wedge pattern at its upper resistance level of $0.00055. This move has propelled its price to $0.0006173, signaling a potential bullish shift and breaking a weeks-long period of consolidation.
If the momentum continues, APU could target resistance levels at $0.00073 and $0.00091, offering a potential upside of 67% from the breakout point. Technically, the MACD histogram has crossed into positive territory, supporting the bullish outlook. Additionally, the RSI, at 41.21, suggests that there is room for upward movement before reaching overbought conditions.
Ponke ($PONKE)
Ponke (PONKE) is also showing signs of strength, breaking out from a falling wedge pattern and surpassing its upper resistance at $0.31. The token is currently trading at $0.3552 and is entering a crucial horizontal resistance zone.
A decisive move above the $0.38 resistance level would confirm the bullish momentum and could pave the way for PONKE to reach targets at $0.53 and $0.59, offering a potential 66% gain from its current level. The MACD indicator highlights increasing bullish divergence, with the lines crossing upward, while the RSI at 43.95 remains neutral, indicating potential for further growth. Clearing the current resistance zone is critical for sustaining the rally.
Potential Scenarios for APU and PONKE
Both APU and PONKE are well-positioned for continued upward movement, provided the broader market sustains its bullish sentiment. APU may retest its breakout level around $0.00055 before resuming its climb, while PONKE will need to decisively clear the $0.38 resistance zone to build on its momentum.
Investors should keep an eye on these developments, as the performance of APU and PONKE could provide insight into broader market trends in the coming weeks.
