- MemeCore is trading in a narrow range, suggesting short-term consolidation.
- Support near $1.55 and resistance at $1.89 will be key levels to watch.
MemeCore (M) has been moving sideways in recent weeks, with the price currently around $1.69. After a period of decline, the token is now showing early signs of stabilization, trading in a narrow range between support and resistance. The chart suggests that MemeCore may be forming a short-term consolidation pattern, sometimes referred to as a rectangle or range-bound structure, where the price oscillates between defined support and resistance levels.
Over the past 24 hours, the price of this memecoin climbed about 3%, reaching an intraday high of $1.71 and a low of $1.62. Its market cap currently stands at $2.1 billion, with a trading volume of $14.7 million.
Sideways Momentum Suggests the Market Is Taking a Breather
Looking at the 24 hours trading pattern, MemeCore is positioned between the 50-day moving average at $1.555 and the 100-day moving average at $1.889. The 50-day moving average is slowly flattening, indicating that immediate selling pressure is easing. The 100-day moving average remains above the current price, suggesting the broader trend is still slightly weak. Overall, the averages show that the market is in a recovery phase but hasn’t fully returned to an uptrend yet.
(Source: TradingView)MemeCore’s daily RSI stands at 57, showing that momentum is mildly positive. This indicates that buyers are gradually returning, but there isn’t a strong push higher yet. The market isn’t oversold or overbought, which fits with the sideways price action seen on the chart.
Immediate support is around $1.55–$1.56, which has helped prevent further declines in recent sessions. A stronger support level exists near $1.50, which could provide a safety net if the price dips further. On the upside, MemeCore’s resistance is seen at $1.89, near the 100-day moving average, followed by $2.02, which previously acted as a barrier. Breaking above these levels would be necessary for any meaningful upward movement.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Articoli correlati
XRP Whales Accumulate as Ripple Executives Head to Key XRPL Event in Japan
XRP has gained 5% from a support level of $1.28 due to increased whale accumulation, with large holders now buying over 11 million XRP daily. Ripple executives are attending a significant XRPL event in Japan, though broader market sentiment remains cautious amid geopolitical tensions.
CryptoNewsFlash1h fa
Onchain Perp DEX Volume Falls for Fifth Straight Month as March Drops to $699B
Onchain perpetual futures trading has sharply declined for five consecutive months, with March 2026 volume dropping to $699 billion from a peak of $1.36 trillion in October 2025. Hyperliquid dominates the market, capturing 34% of recent trading activity.
CryptoNewsFlash1h fa
PEPE Holds Tight Range as Bearish Pressure Limits Upside
Key Insights:
PEPE trades within a narrow consolidation range as sellers maintain control, while repeated resistance rejections prevent any sustained bullish momentum in the market.
Fibonacci resistance zones continue to cap upside potential, with multiple barriers aligning alongside
CryptoNewsLand1h fa
Shiba Inu Defies Bearish Setup as Short Squeeze Lifts Price
Key Insights
Shiba Inu price surged despite bearish death cross signals as short liquidations intensified, driving a rapid upward move during low liquidity conditions.
A dragonfly doji and tightening Bollinger Bands supported bullish momentum, reinforcing a reversal pattern after sustained d
CryptoNewsLand2h fa
Solana Recovery Gains Pace While Derivatives Data Shows Split Sentiment
Key Insights
Solana records four consecutive days of gains as funding rates rise, signaling stronger retail interest while overall market conviction remains divided across participants.
Declining futures Open interest alongside rising funding rates highlights reduced trader exposure,
CryptoNewsLand2h fa
Solana Eyes $90 as Volume Surge Fuels Short-Term Rally
Key Insights:
The Solana price rebounded from recent lows near $80 as trading volume surged sharply, signaling renewed participation and stronger short-term market momentum.
A golden cross on lower time frames reinforced bullish sentiment, with technical indicators suggesting continued
CryptoNewsLand3h fa
