TL;DR
- MemeCore has surged dramatically over the past week, reaching $1.68 after a 21% jump in the last 24 hours and a 246% gain over seven days.
- Market capitalization now stands at $1.75 billion, with daily trading volume surpassing $63 million, showing growing investor interest.
- On-Balance Volume and Money Flow Index indicate strong buyer activity, and technical levels suggest potential for another 50% upside if the rally continues.
MemeCore (MEME) has become one of the fastest-moving coins in the market, trading near $1.68 after a remarkable 21% gain in the past 24 hours. Over the past seven days, the token has rallied 246%, printing new all-time highs almost daily. Early technical signals suggest that dips may act as short-term pullbacks rather than reversals, keeping momentum largely in favor of buyers.
Two Metrics Confirm Buyer Aggression
Technical indicators support the ongoing rally. On-Balance Volume (OBV) has steadily climbed alongside price, highlighting that daily trading activity is dominated by buying. The Money Flow Index (MFI), which tracks capital entering and leaving the token, has surged above 80, creating higher highs in line with price movements. This pattern reflects active dip-buying, where traders absorb selling pressure instead of allowing the price to decline further. Observers note that even minor pullbacks are met with renewed buying interest, suggesting strong confidence among traders.
MFI readings above 80 usually warn of overheating, but for MemeCore, the high MFI paired with rising prices suggests persistent buyer strength. Both OBV and MFI confirm aggressive retail participation, showing that demand is still strong and capable of pushing the token higher. Analysts highlight that momentum trading may continue to attract short-term speculators seeking to capitalize on volatility.
MemeCore Price Levels Show Path To 50% Upside
Current technical setups on the 4-hour chart indicate bullish momentum. MemeCore faces immediate resistance at $1.75, which if broken, could open the door to a target near $2.49, representing almost 50% potential upside. On the downside, support holds at $1.14, the top of the last impulse wave. With OBV and MFI confirming sustained buying, the coin is positioned for further gains if demand persists, making MemeCore one of the most watched altcoins this week. Trading patterns suggest that volume surges could continue to accompany upward price movements, maintaining strong momentum over the next several sessions.
Market capitalization stands at $1.75 billion with daily trading volume exceeding $63 million, up 35.24% from the previous 24 hours. The combination of strong technical momentum and active retail buying keeps the rally trajectory bullish and suggests investors remain highly engaged, monitoring every breakout and pullback for new opportunities.
