TRUMP, Fartcoin, and PENGU Show Diverging Patterns As Volatility Grips Memecoin Markets

Trump’s breakout above the moving average and expanding Bollinger Bands signals strong trader confidence and short-term upward potential.

Fartcoin’s sharp reversal below its moving average highlights a cooling trend, with reduced volume and weakening buying pressure.

PENGU continues to trade in a consolidation range, showing little directional bias as volatility and volume remain moderate.

As July 2025 progresses, the memecoin market presents a mixed technical landscape, with leading tokens like TRUMP, Fartcoin, and PENGU showing divergent price behavior. Some are gaining momentum while others are consolidating or correcting. This update analyzes key indicators such as Bollinger Bands, moving averages, and volume to provide traders with insights into what’s driving short-term volatility in the space.

TRUMP Gains Momentum With Bullish Breakout

The 15-minute trading chart for TRUMP on GeckoTerminal shows a clear upward trend. Market cap data represented by the blue line indicates a breakout from a period of consolidation around midday on July 20. The price has since followed a steady climb, holding above the 20-period moving average.

Bollinger Bands widened notably during the rally. This change suggests increased volatility and stronger price momentum. TRUMP’s market cap steadily rose through July 21, with minimal signs of pullback. The price action consistently stayed above the moving average, pointing to sustained buying interest from traders.

Volume data also supports the bullish movement. Volume SMA (simple moving average) shows stable buying activity alongside price increases. This combination of price movement, expanding Bollinger Bands, and elevated volume suggests TRUMP may continue to see positive price action in the short term.

Fartcoin Sees Reversal After Temporary Growth

The Fartcoin 15-minute chart reveals a recent trend reversal after a steady price climb. Between July 19 and early July 21, the token traded above the 20-period moving average. It also remained near the upper Bollinger Band, signaling a bullish sentiment.

However, this momentum reversed as Fartcoin’s price began to decline. The token’s market cap dropped from its recent peak of approximately $1.49 billion to around $1.44 billion. The price moved below the moving average and breached the mid-point of the Bollinger Band range.

Trading volume showed signs of weakening during the reversal. The fading volume indicates reduced buyer strength as Fartcoin lost its previous support level. This trend often precedes periods of sideways or further downward movement.

PENGU Displays Sideways Movement With Brief Volatility

PENGU/USD continues to trade within a mostly sideways range, according to the 15-minute chart. The market has displayed intermittent volatility, marked by quick breakouts and corrections. The most prominent movement saw the market cap temporarily rise above $2.04 billion.

This breakout quickly corrected, and the price returned closer to the moving average line. The 20-period moving average served as a centerline for much of the price activity. Bollinger Bands expanded briefly during the volatility but then contracted during the sideways consolidation.

Volume remains relatively low outside of the brief breakout events. The latest recorded volume sits at 55.374K, indicating mild market interest compared to other active memecoins. This moderate volume often results in limited momentum unless accompanied by significant external developments.

The Bollinger Band indicator shows ongoing indecision in market direction. Price movements remain confined within the bands without a strong push upward or downward. This kind of price behavior often signals consolidation before a potential larger move.

Market Snapshot Reflects Diverging Trends in Top Memecoins

TRUMP, Fartcoin, and PENGU currently display three distinct technical trends in the memecoin space. TRUMP maintains bullish momentum with rising price action, supported by expanding Bollinger Bands and stable volume. This indicates trader confidence and potential continuation.

Fartcoin, in its turn, has reached a mature stage of correction. The price action indicates that the momentum is losing strength and it has fallen below the moving average. This implies that retailers may be harvesting or shying off the market.

PENGU is gradually narrowing down in its price consolidation. The token does not display an evident breakout and its volumes are low. PENGU will probably stay in its present trend until a decisive step is taken.

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