{"id":621030,"date":"2025-01-24T13:56:45","date_gmt":"2025-01-24T13:56:45","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=621030"},"modified":"2025-01-24T13:56:45","modified_gmt":"2025-01-24T13:56:45","slug":"melania-meme-price-prediction-melania-plummets-10-as-traders-pivot-to-this-crypto-ico-offering-a-safer-way-to-play-the-meme-coin-market","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/melania-meme-price-prediction-melania-plummets-10-as-traders-pivot-to-this-crypto-ico-offering-a-safer-way-to-play-the-meme-coin-market","title":{"rendered":"Melania Meme Price Prediction: MELANIA Plummets 10% As Traders Pivot To This Crypto ICO Offering A Safer Way To Play The Meme Coin Market"},"content":{"rendered":"

The Melania Meme price plummeted 10% in the last 24 hours to trade at $2.74 as of 02:25 a.m. EST on trading volume that surged 13% to hit $387 million.<\/span><\/p>\n

Melania Meme Price In A Consolidation Phase<\/h2>\n

The <\/span>MELANIA price<\/span> has been trading<\/a> within a falling channel on the 15-minute timeframe. The Melania Trump price has been consistently rejected at the upper boundary of the channel, showing that bears are firmly in control.<\/span><\/p>\n

However, at the most recent price of Melania Meme levels near $2.74, there is a sign of support consolidation within the sideways pattern, suggesting potential accumulation by buyers. A minor breakout attempt can also be observed from the lower boundary of the descending channel, indicating a possible slowdown in bearish momentum.<\/span><\/p>\n

The 200-period Simple Moving Average (SMA) remains far above the current price, underscoring the strength of the downtrend. The shorter 50-period SMA is sloping downward and aligns closely with price action, further confirming bearish dominance in the short term.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) currently sits at 55.23, slightly above the neutral 50 level, signaling a shift in momentum toward the bulls. It suggests that the recent bounce from the support zone has increased buying pressure, though the move is still tentative.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) line (blue) has crossed above the signal line (orange), and the histogram shows positive green bars, indicating early signs of bullish momentum.<\/span><\/p>\n

\"Melania<\/p>\n

MELANIA\/USDT Chart Analysis (Tradingview)<\/em><\/p>\n

MELANIA Poised For A Bullish Breakout<\/h2>\n

Based on the analysis of the trends and indicators, <\/span>MELANIA<\/span><\/a> may continue consolidating within the $2.58–$2.75 range in the short term. If buying pressure builds and the RSI moves higher, the price of Melania Meme could retest the $3.00 resistance level, where the 200-period SMA on the 15-minute chart is located.<\/span><\/p>\n

A breakout above $3.00 would indicate a shift in momentum and could lead to further gains toward the $3.25 level.<\/span><\/p>\n

On the flip side, if selling pressure resumes and the Melania Meme price falls below the support zone near $2.70, the next downside target would be around $2.50. This would confirm a continuation of the broader downtrend.<\/span><\/p>\n

As the MELANIA price plummets, investors are also buying a new meme coin called <\/span>Meme Index (MEMEX)<\/span><\/a>. According to crypto analyst and YouTuber Jacob Bury, who has over 54.2k subscribers, MEMEX has the potential to be the next 10x crypto.<\/span><\/p>\n