Is It Too Late To Buy MEME? Memecoin Price Skyrockets 50% And This Might Be The Next Crypto To Explode

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Memecoin Price
Memecoin Price

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The Memecoin price skyrocketed 50% in the past 24 hours to trade at $0.002215 as of 11:22 p.m. EST on trading volume that surged 1,686% to $273 million.

Memecoin Price Poised For A Sustained Surge

The MEME price recently completed a classic cup-shaped reversal pattern, a bullish formation suggesting a change in trend direction from bearish to bullish.

After a prolonged downtrend and a consolidation phase, the Memecoin price surged dramatically through a parabolic rally. The rally was initiated from the support zone around $0.001418, creating the cup formation.

This explosive rally brought the price of MEME all the way up to the resistance zone near $0.00250. However, MEME met some selling pressure, as evidenced by the long upper wick on the chart.

The breakout was accompanied by a strong move above the 50-day Simple Moving Average (SMA) and the 200-day SMA on the 4-hour chart, currently at $0.00160 and $0.00200, respectively.

Meanwhile, the Relative Strength Index (RSI) is currently at 67.82, which is near overbought territory. This indicates that MEME has experienced a rapid price increase and may be due for a short-term pullback or consolidation before any further upside continuation. However, the RSI has not yet breached the 70 level, suggesting there could still be room for further upside in the near term.

Moreover, the MACD (Moving Average Convergence Divergence) also strongly supports the bullish case. The blue MACD line has surged above the orange signal line, and the histogram bars are expanding positively, which shows increasing bullish momentum.

Memecoin Price Chart

MEME/USDT Chart Analysis (Tradingview)

MEME Price Prediction

Based on the MEME/USDT chart analysis, the breakout from the base zone around $0.00138 has pushed the Memecoin price into a new range, with the first support zone now established between $0.00150 and $0.00160.

If the price of MEME retests this level and holds, it would be a healthy sign of continuation. Immediate resistance is found at the $0.00250 area, which aligns with the wick high of the recent rally and also with prior structure during the previous downtrend.

A clean breakout above this level could open the door to a measured move towards $0.00300 or higher.

Meanwhile, investors are rushing to buy MIND of Pepe (MIND), a new AI agent crypto that also carries the Pepe the Frog brand.

99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, says MIND has the potential to soar 20X after its launch.

MIND Of Pepe Presale Races Toward $9 Million – Next Crypto To Explode?

MIND of Pepe has surged past $8 million in its presale. The excitement around MIND stems from its blend of advanced AI functionality and meme culture, effectively moving the sector beyond tokens that merely represent internet jokes.

The project’s mascot, a smarter, sharper version of the iconic Pepe the Frog, encapsulates this evolution. No longer just a crypto symbol of degeneracy, this upgraded Pepe proves it can navigate memes and markets.

Its upcoming AI agent will autonomously scan, analyze, and interact with blockchain networks, decentralized applications (dApps), and social media. It provides real-time insights that traders can leverage to gain an edge in the market.

MIND of Pepe’s AI agent also goes beyond passive observation; it actively interacts with key influencers, platforms, and communities to help shape the market narrative, and then delivering its insights directly to MIND holders through token-gated groups.

MIND holders also have the opportunity to stake their tokens for a stratospheric 278% annual percentage yield (APY).

Currently, MIND tokens are priced at $0.00337215 and can be bought with either crypto or bank cards via the easy-to-use widget embedded on the project’s website.

Interested investors should buy MIND before a price hike in less than 14 hours.

Learn more about MIND of Pepe.

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