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The Memecoin price soared 31% in the last month and over 5% in the past 24 hours to trade at $0.001916 as of 12:37 a.m. EST on trading volumes that surged 759% to $212 million.
The MEME price is also up 8% in the last week, as it starts to show signs of recovering from the yearly losses of over 86%. Can this current trend continue?
Memecoin Price Gears Up For A Breakout Above The Wedge, Poised For A Trend Reversal
The MEME price chart on the 3-day timeframe has been trading within a falling wedge pattern that has formed over the past year.
Memecoin price action has compressed tightly within the wedge, creating lower highs and relatively equal lows, signaling waning selling pressure.
Recently, the price of Memecoin appears to have broken above the wedge’s upper resistance, indicating a potential shift in momentum.
The 50 Simple Moving Average (SMA) on the 3-day chart sits at $0.002004, just slightly above the current MEME price of $0.001916, which could act as a short-term resistance or trigger a bullish breakout if surpassed convincingly.
The 200 SMA remains higher at $0.014722, reflecting the longer-term downtrend that MEME has yet to overcome, as GeckoTerminal data shows.
Meanwhile, the Relative Strength Index (RSI) is currently at 48.39, just below the neutral 50 line. While this does not indicate strong momentum in either direction, the RSI has been climbing from oversold levels, which may support a bullish outlook.
MEME appears poised for a short- to mid-term recovery. A sustained move above the 50 SMA could confirm this breakout, potentially targeting the $0.0091 support-turned resistance.
Conversely, if the current trend within the wedge continues, the price of Memecoin could drop back to the $0.0010 level.
Meanwhile, opportunistic investors are buying a new Dogecoin derivative, currently in its ICO, called Maxi Doge Token (MAXI). According to the 99Bitcoin YouTube channel with over 723K subscribers, MAXI has the potential to soar 100X.
Maxi Doge Token Presale Garners Over 169K – Next 100X Crypto?
The Maxi Doge token presale launched on Ethereum with an explosive start, raising over $100,000 in a few minutes.
The total funds raised have now soared past the $169,000 mark, as the project gains traction in the meme coin space.
The project, styled as the ‘alpha dog’ of the current meme coin cycle, is already generating buzz among traders chasing the next DOGE or SHIB-style breakout.
MAXI is referred to as a high-octane, gym-bro evolution of Dogecoin, and it embraces the meme-first, utility-free model that defined some of crypto’s biggest returns.
The project reimagines the iconic Doge meme as a 240-lb canine juggernaut embodying the sheer willpower to help day-to-day investors unlock maximum gains all together.
🚨 $MAXI is now live in Upcoming Tokens! 🚨@MaxiDoge_ is a meme coin built for traders who play hard, lift heavy, and never stop watching the charts.
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🔥 Check out $MAXI in Upcoming TokensJoin Now! 👉 https://t.co/mV4V8pg1Ei pic.twitter.com/bN11nslpq4
— Best Wallet (@BestWalletHQ) July 29, 2025
Maxi Doge carries a powerful statement: “lift, trade, and repeat,” an ethos crafted to outperform even the original Dogecoin and deliver excellent returns to community members.
Its main aim is to build a community-driven ecosystem that thrives on harnessing the 1,000x energy, sharing leveraged insights, competitions, and meme-driven camaraderie to unlock maximum returns together.
What sets Maxi Doge apart isn’t just the branding. It’s the tokenomics. 25% of the total supply is allocated to marketing and partnership events via the “MAXI Fund,” a move aimed at amplifying visibility and volume.
The team has also set 5% of its 150.24 billion total supply for staking. If you buy and stake, the project offers a massive 1,423% annual percentage yield (APY).
MAXI is priced at $0.00025 per token, offering a prime opportunity for early participants to secure their stake at a discounted rate before prices rise in about 4 days.
Tokens can be bought with ETH, BNB, USDT, USDC, or a bank card, and staked directly on the official website.
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