Ah, the world of altcoins! It appears these sprightly little tokens are gearing up for some rather decisive movements this weekend. Some have gallantly staged significant rallies this week, while others seem to be flirting with critical lows-typical, isn’t it?
BeInCrypto has kindly deigned to analyze three of these fascinating altcoins that investors ought to keep a keen eye on over the weekend-because who doesn’t love a bit of drama?
Memecore (M)
Our dear Memecore waltzed into the week at a modest $1.60, only to pirouette up to $2.53 by March 25, before dramatically collapsing back to $1.74 the following day-oh, the suspense is unbearable! As of now, it’s regained its composure at $2.09, just above the illustrious 0.618 Fibonacci level at $2.02, which, I daresay, has held firm despite being tested twice since the breakout. Bravo!
Now, here’s a juicy tidbit: Memecore’s correlation with Bitcoin has plummeted to a staggering 0.00 from a dizzying peak of 0.50 earlier this week-talk about a rollercoaster! If Bitcoin takes a tumble, it seems our dear M might actually benefit. Fancy that!
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The bullish case holds as long as M closes daily sessions above the fabled 0.618 level at $2.02. If it flirts with $2.29, we shall aim for the 1.236 at $2.45 and then the 1.5 extension at $2.63. But beware, should it close below $2.00, we might just find ourselves slipping back towards the 0.236 level at $1.76-how quaint!
Banana For Scale (BANANAS31)
Now, let’s talk about Banana For Scale, which began its week at an utterly adorable $0.0093. After a rather uninspired sideways shuffle through March 19, it burst forth on March 21 like a piñata at a child’s party, soaring by 50.57% to $0.0138 by March 23! It has since settled between $0.0130 and $0.0161, comfortably lounging above the 0.618 Fibonacci level at $0.0134-a most agreeable green line on the chart.
The MFI sits at a rather enthusiastic 71.22, inching ever closer to the overbought threshold of 80-but fear not, it hasn’t quite crossed that line yet. The Fibonacci structure above hints at delightful upside targets of $0.0161, $0.0178, and $0.0196. Oh, the sweet smell of potential profits!
The bullish thesis remains intact as long as it dances above the 0.618 level at $0.0134. A bounce off this support would suggest a lovely upward resolution, targeting $0.0161 next. But, heavens! A close below $0.0125 could spell doom, leading us to the dreaded 0.5 Fibonacci level at $0.0090-the last bastion of hope!
Worldcoin (WLD)
Last but certainly not least, we find ourselves gazing at Worldcoin, which sauntered into March at $0.406 and has been in a steady decline ever since. With a rather disheartening annotated move showing a 30.32% drop to the current price of $0.2787, one can’t help but wonder if it’s merely practicing for a tragic role.
Our poor CMF has been negative since early March, reading a rather bleak -0.25-indicating that capital is exiting faster than a guest at a bad dinner party. The Fibonacci extensions below show the next target of $0.2483, tantalizingly close to its all-time low of $0.2640. Alas, nothing on this chart suggests buyers are rushing in like moths to a flame.
The bearish target remains at the all-time low of $0.2640. Should it close below, we would venture into uncharted territory with no historical support-how exhilarating! A bullish turnaround requires a daily close above the 1.5 Fibonacci level at $0.2972, after which we may entertain visions of recovery at $0.3230 and $0.3461. But let’s not get ahead of ourselves; without a positive CMF, such dreams will remain just that-dreams!
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2026-03-28 02:20