- Pepe price retests daily support at $0.0000060; a close below could lead to further decline.
- Book of Meme close below the ascending trendline, signaling a shift in market structure from bullish to bearish.
- TRUMP's price closes below the weekly support, suggesting a bearish move ahead.
Pepe (PEPE), Book of Meme (BOME), and Trump (MAGA) are testing crucial support levels following a double-digit crash on Monday, with the technical outlook suggesting potential corrections for all three.
PEPE price set for crash after closing below daily support level
Pepe’s price closed below the ascending trendline (drawn by joining multiple swing lows from mid-April) on Saturday, leading to a 6% decline over Sunday. On Monday, it crashes down 19% to trade at $0.0000065 at the time of writing, having tested the daily support level at $0.0000060 earlier in the day.
If PEPE continues to decline and close below the daily support level at $0.0000060, it could crash 20% to retest its next daily support at $0.0000048.
The Relative Strength Index (RSI) and the Awesome Oscillator on the daily chart have dropped below their neutral levels of 50 and zero, respectively, signaling a bearish trend according to these momentum indicators.
PEPE/USDT daily chart
On the other hand, if Pepe closes above $0.000013, it would change the market structure by forming a higher high on the daily timeframe. Such a scenario might drive a 15% rally in Pepe's price to retest its June 1 high of $0.000015.
BOME price poised for a crash following a close below $0.0063
BOOK OF MEME’s price closed below the ascending trendline (drawn by joining multiple swing lows from July 5) on Saturday, leading to a 5.7% decline over Sunday. On Monday, it crashed down 17.4% to trade at $0.0060 at the time of writing, having traded below the July 5 low of $0.0063.
If BOME closes below the $0.0063 level, it could crash 33% to retest the 141.4% Fibonacci extension at $0.0042.
The Relative Strength Index (RSI) and the Awesome Oscillator on the daily chart have dropped below their neutral levels of 50 and zero, respectively, signaling a bearish trend according to these momentum indicators.
BOME/USDT daily chart
On the other hand, if BOME closes above $0.0108, it would change the market structure by forming a higher high on the daily timeframe. Such a scenario might drive a 20% rally in BOOK OF MEME price to retest its weekly resistance at $0.0130.
TRUMP price sets for a decline following a close below the $2.68 mark
TRUMP’s price closed below the weekly support level at $4.57 on Friday and declined 8.6% over the next two days. As of Monday, it crashes down 23% to trade at $3.18 at the time of writing, having tested the daily support level at $2.68.
If TRUMP closes below the daily support at $2.68, it could continue to crash 30% and retest its weekly support at around $1.87.
The Relative Strength Index (RSI) and the Awesome Oscillator on the daily chart have dropped below their neutral levels of 50 and zero, respectively, signaling a bearish trend according to these momentum indicators.
TRUMP/USDT daily chart
On the other hand, if TRUMP closes above $6.57, it would change the market structure by forming a higher high on the daily timeframe. Such a scenario might drive a 58% rally in TRUMP price to retest its June 27 high of $10.40.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks

Top 3 gainers Supra, Cosmos Hub, EOS: Supra leads recovery after Trump’s tariffs announcement
Supra’s 25% surge on Friday calls attention to lesser-known cryptocurrencies as Bitcoin, Ethereum and XRP struggle. Cosmos Hub remains range-bound while bulls focus on a potential inverse head-and-shoulders pattern breakout.

Bitcoin Weekly Forecast: Tariff ‘Liberation Day’ sparks liquidation in crypto market
Bitcoin price remains under selling pressure around $82,000 on Friday after failing to close above key resistance earlier this week. Donald Trump’s tariff announcement on Wednesday swept $200 billion from total crypto market capitalization and triggered a wave of liquidations.

Can Maker break $1,450 hurdle as whales launch buying spree?
Maker is back above $1,300 on Friday after extending its lower leg to $1,231 the previous day. MKR’s rebound has erased the drawdown that followed United States President Donald Trump’s ‘Liberaton Day’ tariffs on Wednesday, which targeted 100 countries.

Gold shines in Q1 while Bitcoin stumbles
Gold gains nearly 20%, reaching a peak of $3,167, while Bitcoin nosedives nearly 12%, reaching a low of $76,606, in Q1 2025. In Q1, the World Gold ETF's net inflows totalled 155 tonnes, while the Bitcoin spot ETF showed a net inflow of near $1 billion.

Bitcoin Weekly Forecast: Tariff ‘Liberation Day’ sparks liquidation in crypto market
Bitcoin (BTC) price remains under selling pressure and trades near $84,000 when writing on Friday after a rejection from a key resistance level earlier this week.

The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.