Meme coins performed well today as the cryptocurrency market experienced a positive sentiment following reports of a potential ceasefire between Israel and Iran. Non-Playable Coin (NPC) emerged as the top performer, with its price rising nearly 45% and approaching the $1 level. This significant movement highlights the strong investor interest in meme coins amid broader market optimism.

BeInCrypto has analyzed two other meme coins that have seen substantial gains, making them worth watching for investors. WIF's price has surged by approximately 25% over the past 24 hours, currently trading at $0.861. The increase is primarily attributed to the overall bullish momentum in the crypto market, indicating that WIF is benefiting from favorable market conditions.

The Ichimoku Cloud indicator suggests a bullish outlook for WIF, implying that the meme coin may continue its upward trend. If WIF can maintain support at $0.851, it could potentially push the price higher, aiming for the $0.950 level. Achieving this target would bring the $1.000 threshold closer. However, if WIF fails to hold the $0.851 support level, it could face a decline, with the price potentially dropping to $0.752. A break below this level would weaken the current bullish thesis and suggest that the recent upward movement is losing strength, possibly leading to further downward pressure.

Launchcoin has also seen a notable increase, rising 22% over the last 24 hours and currently trading at $0.108. The altcoin is now testing the resistance level at $0.114, with the goal of breaking through this level to unlock further gains. The recent price surge reflects growing investor interest, especially in the context of the broader market's positive sentiment.

Securing $0.114 as a support level is crucial for Launchcoin to recover the 62% losses it incurred over the past 12 days. If the coin can remain above this level, it may have the potential to reach $0.140, marking a significant recovery and restoring confidence in its price trajectory. However, if increased selling pressure causes the price to fall below the $0.100 support level, it could trigger a more severe decline, potentially reaching $0.087 or lower. This would invalidate the current bullish outlook and signal a possible continuation of downward movement.

NPC has outperformed many top meme coins, posting a remarkable 45% increase in the last 24 hours. The coin is currently trading at $0.0154 and is approaching the resistance level of $0.0156. This surge indicates strong investor demand and the potential for further growth if NPC can successfully break through the resistance level.

The Relative Strength Index (RSI) for NPC is in the positive zone, above the neutral mark, suggesting increasing bullish momentum. This indicates that the upward trend is gaining strength and could support a breakthrough above $0.0156. If the resistance level turns into support, NPC could move toward $0.0174. However, if NPC fails to break through $0.0156, it may experience a pullback, with the price potentially falling to $0.0136. Should the support at $0.0136 also break, the price could drop further to $0.0121, invalidating the current bullish outlook and signaling a potential shift toward a bearish trend.

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