Key Takeaways
The memecoin market shows early signs of bullish recovery, with three coins especially showing strength.
FLOKI has regained critical support, PUMP may be reversing its downward trend, and MEW is on the verge of a breakout.
Let’s examine their charts and see what lies ahead in August.
The weekly time frame FLOKI chart shows that the price deviated below the $0.000100 horizontal support area in January 2025.
While this was expected to confirm the breakdown and begin a massive decline, that was untrue.
On the contrary, the price of FLOKI reclaimed the horizontal area and is validating it as support this week.
The bounce confirms that the previous breakdown was just a deviation rather than the start of a new bearish trend.
The price movement bodes very well for FLOKI’s future, since these deviations are usually followed by sharp movements in the other direction.
FLOKI’s positive signs do not end there. The Relative Strength Index (RSI) crossed above 50, validating the reclaim.

Finally, the FLOKI price is back in the previous long-term range between $0.000100 and $0.000280.
The middle of the range is at $0.000200, a 83% price increase from the current level.
If FLOKI reaches the range high, it will increase by 160%.
Since its launch, PUMP has seen a steep decline, finishing a five-wave downward move that culminated with a new all-time low of $0.0022.
However, on July 29, the memecoin showed its first signs of life. After bouncing of the low, it broke above a descending resistance trend line, and then validated it as support (green icon).
Since the breakout is confirmed, the correction is likely over and a relief rally toward $0.0040-$0.0046 has begun.
It’s still too early to tell if this rebound is the beginning of a five-wave uptrend or just a temporary A-B-C correction.

In both cases, the PUMP price is likely to move to new highs in August.
Momentum indicators support this bullish PUMP price prediction. The Relative Strength Index (RSI) has generated a bullish divergence (orange) above 50.
So, PUMP will likely increase toward the target range of $0.0040 – $0.0046.
The MEW daily chart shows that the memecoin has consolidated inside a bullish triangle pattern since March 2025.
The price bounced in June (green icon) and reached the triangle’s resistance at $0.0042.
While the MEW price has fallen since (red icon), the triangle is still intact, and the trend remains bullish while it is.

MEW could return to the triangle’s support trend line at $0.0028 before it bounces or creates a steeper slope and makes another breakout attempt.
In any case, an eventual breakout from the triangle is likely. Once that happens, the MEW price could reach a high of $0.0064 by projecting the triangle’s height to the breakout level.
FLOKI’s reclaim of its long-term range, PUMP’s breakout from a corrective pattern, and MEW’s triangle consolidation all point toward renewed bullish sentiment in memecoins.
While neither of the three memecoins has increased this cycle parabolically, this could all change in August 2025.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
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