Key takeaways:
- By 2024, the Memecoin price prediction shows it could reach a maximum price of $0.0375.
- In 2027, the price of Memecoin is predicted to reach a maximum level of $0.0769.
- Memecoin is expected to cross a price level of $0.13 in 2030
Analyzing the recent price action, MEME’s price has fluctuated significantly over the past month, with notable resistance and support levels. The bearish trend has been consistent, but the increased trading volume could indicate the potential for a reversal. Despite the current market conditions, long-term projections remain bullish due to Memecoin’s fundamental potential and market positioning.
Overview
| Cryptocurrency | Memecoin |
| Token | MEME |
| Price | $0.01702 |
| Market Cap | $556.52M |
| Trading Volume | $237.19M |
| Circulating Supply | 32.71B MEME |
| All-time High | $0.05706 Mar 03, 2024 |
| All-time Low | $0.01706 Nov 07, 2023 |
| 24-hour High | $0.01731 |
| 24-hour Low | $0.01549 |
Memecoin price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $ 0.056284 (227.77%) |
| Volatility | 11.05% |
| 50-Day SMA | $ 0.013254 |
| 14-Day RSI | 62.27 |
| Sentiment | Bullish |
| Fear & Greed Index | 76 |
| Green Days | 19/30 (63%) |
| 200-Day SMA | $ 0.016742 |
MEME coin price analysis: MEME coin faces bearish pressure amid market uncertainty
Key takeaways:
- Meme Coin price analysis shows a continued downtrend
- The decline in MEME coin’s price could also be attributed to a general bearish sentiment
- MEME coin is currently testing critical support levels near $0.01000.
MEME coin price analysis on December 21 shows MEME experienced a noticeable downtrend, as the cryptocurrency settled at $0.01022, marking a decline of 6.15%. This performance is part of an ongoing bearish trend that has encapsulated the token over the recent period.
The session opened at around $0.01089 with MEME coin initially trying to push towards the $0.01100 mark. However, resistance at this level quickly reversed gains, leading to a downward trajectory for the remainder of the day. The price sharply fell to a low of $0.01020. This drop was supported by an increase in trading volume, suggesting significant seller activity and possibly a reaction to broader market sentiments.
MEME coin daily chart analysis: Bearish momentum builds,pushes MEME below EMAs
The daily chart for MEME coin shows a strong bullish trend, with the price currently trading below its 20-day, 50-day, and 100-day exponential moving averages (EMAs). These technical indicators suggest sustained downward momentum. The 20-day EMA, at $0.01555, acts as immediate resistance, while the 50-day and 100-day EMAs, at $0.01397 and $0.01215, respectively,are the next key barriers.
The Relative Strength Index (RSI) is at 70.24, placing the MEME coin in the oversold territory. This indicates strong selling pressure but also warrants caution as it suggests the possibility of a long-term pullback. The Moving Average Convergence Divergence (MACD) indicator further reinforces the bearish outlook, with the MACD line crossing below the signal line.
The price movement aligns with broader market sentiment, which saw a bloodbath after Bitcoin fell below $100k. If the MEME coin can sustain its current momentum, it may challenge its next resistance level near $0.01900, with further upside potential toward $0.02000.
MEME coin 4-hour analysis: Meme coin faces continued downward pressure
The 4-hour chart for Meme Coin against the US Dollar illustrates a bearish trend, with price levels consistently declining over the monitored period. This value is underlined by a significant drop in previous price candles, following a short-lived recovery phase that failed to maintain upward momentum.
The technical indicators provide further insight into the market sentiment. The Relative Strength Index (RSI) is currently at 40.59, indicating a bearish momentum but not yet reaching the oversold territory, suggesting a potential for reversal. The RSI-based moving average is even lower at 37.40, reinforcing the strength of the ongoing sell-off. Additionally, the Moving Average Convergence Divergence (MACD) remains in the negative zone, with the histogram showing very little momentum for recovery as it trends slightly above its signal line.
The price of Meme Coin is currently well below its 20-day and 50-day Exponential Moving Averages (EMAs), which are positioned at $0.01362 and $0.01492 respectively. This significant divergence from the EMAs suggests a lack of bullish support in the near term. If the coin does not reclaim these levels, it could face further declines.
What to expect from Meme coin price analysis
The rally in MEME coin is part of a broader resurgence in the meme coin sector, which often mirrors shifts in overall market sentiment. The recovery in leading meme coins like Dogecoin and Shiba Inu indicates renewed investor interest in high-risk, high-reward assets. This trend is also bolstered by speculative trading activity and the influence of large holders, or whales, who often drive significant price movements in these assets.
The cryptocurrency market’s overall recovery, marked by increasing trading volumes and positive sentiment, supports the MEME coin’s price action. While meme coins remain highly speculative, their ability to quickly generate significant returns continues to attract diverse investors.
Memecoin technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $ 0.015451 | BUY |
| SMA 5 | $ 0.015794 | BUY |
| SMA 10 | $ 0.014655 | BUY |
| SMA 21 | $ 0.014508 | BUY |
| SMA 50 | $ 0.013254 | BUY |
| SMA 100 | $ 0.01195 | BUY |
| SMA 200 | $ 0.016742 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $ 0.014386 | BUY |
| EMA 5 | $ 0.013848 | B UY |
| EMA 10 | $ 0.01312 | BUY |
| EMA 21 | $ 0.012264 | BUY |
| EMA 50 | $ 0.011672 | BUY |
| EMA 100 | $ 0.013014 | BUY |
| EMA 200 | $ 0.016918 | BUY |
Is Memecoin a good investment?
Investing in MEME coins can be considered a strategic move for those looking to tap into the viral nature of meme-driven assets. These coins often see rapid appreciation or decrease in value driven by social media trends and community enthusiasm, which can lead to substantial short-term gains. The appeal of MEME coin lies in its potential to capitalize on the widespread attention and excitement surrounding viral tokens, making it an attractive option for investors adept at navigating the volatile crypto market and timing their trades to optimize returns.
Will Memecoin recover?
Based on the chart and the recent upward movement, Memecoin shows signs of recovery. If this positive trend continues, Memecoin has the potential for further recovery.
Will Memecoin reach 10?
Given its current price levels and market trends, Meme coin prediction is highly unlikely to reach $10 for Memecoin.
Will Memecoin reach 100?
Reaching $100 for Memecoin is extremely improbable due to its current price levels and the enormous market capitalization required. Such a drastic increase in prices would necessitate unprecedented growth and adoption.
Does Memecoin have a good long-term future?
Based on data and the recent upward movement, Memecoin may have the potential for a good long-term future. Positive market trends, adoption, and development will be crucial for its success.
Memecoin December price Prediction 2024
According to Memecoin’s forecast and technical analysis, in December 2024, Memecoin is expected to trade at an average price of $0.0224, a minimum price of $0.0171, and a maximum price of $0.0356.
| Month | Potential Low | Potential Average | Potential High |
| December | $0.0171 | $0.0224 | $0.0356 |
Memecoin Price Prediction 2024
The Memecoin price forecast predicts Memecoin’s price rise to trade at a maximum value of $0.0375 a minimum value of $0.0152, and an average forecast price of $0.0366 in Q3 and Q4 of 2024.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $0.0152 | $0.0366 | $0.0375 |
Memecoin Price Prediction 2025-2030
| Year | Minimum | Average | Maximum |
| 2025 | $0.0368 | $0.0408 | $0.0438 |
| 2026 | $0.0504 | $0.0584 | $0.0625 |
| 2027 | $0.0659 | $0.0716 | $0.0769 |
| 2028 | $0.0659 | $0.0716 | $0.0769 |
| 2029 | $0.0812 | $0.0899 | $0.0918 |
| 2030 | $0.11 | $0.12 | $0.13 |
Memecoin Price Prediction 2025
The price of Memecoin is forecast to reach the lowest possible level of $0.0368 in 2025. The MEME price could reach a maximum possible level of $0.0438, with an average forecast price of $0.0408.
Memecoin Price Prediction 2026
The price of Memecoin is expected to reach a minimum level of $0.0504 in 2026. The MEME price can reach a maximum level of $0.0625 with an average price of $0.0584.
Memecoin Price Prediction 2027
In 2027, the price of Memecoin is predicted to reach a minimum level of $0.0659. The MEME price can reach a maximum level of $0.0769, with an average trading price of $0.0716.
Memecoin Price Prediction 2028
The price of Memecoin is predicted to reach a minimum level of $0.0659 in 2028. It can reach a maximum level of $0.0769 with an average price of $0.0716.
Memecoin Price Prediction 2029
Memecoin is expected to exceed $0.0918 in 2029, reach a minimum price of $0.0812 this year, and reach a maximum price of $0.0918.
Memecoin Price Prediction 2030
The price of Memecoin is forecast to reach its lowest possible level of $0.11 in 2030. According to our findings, it could reach a maximum possible level of $0.13 with an average forecast price of $0.12.
Memecoin market price prediction: Analysts’ MEME price forecast
| Firm Name | 2024 | 2025 |
| Gov.Capital | $0.0316 | $0.0509 |
| DigitalCoinPrice | $0.0375 | $0.0438 |
| CoinCodex | $0.0470 | $0.0810 |
Memecoin price prediction by Cryptopolitan
According to Cryptopolitan, Memecoin Price Prediction, or MEME, will experience tremendous growth as it can achieve new highs in price points and market cap. Meanwhile, Memecoin is expected to reach a minimum price of $0.0152. The maximum price may reach $0.0375 in 2024.
Memecoin historic price sentiment
- Memecoin was launched on 28th October by the renowned internet humor platform 9GAG and has quickly become a significant player in the meme coin market.
- The Memecoin garnered immense popularity through a unique launch strategy involving a fire sale and strategic social media airdrops to cultivate a robust and dedicated community.
- This approach proved highly successful. The fire sale raised over $11 million and sold more than 11.4 billion MEME tokens at $0.001 each, representing a 150% surge from what the team initially planned.
- Looking at its price history since 27th October 2020, MEME saw its first price pump on the same day, reaching a high of $0.02868.
- The MEME token price remained above $0.0020 until 7 November, when a minor pullback occurred below the $0.0200 level.
- By April 2021, the price skyrocketed, reaching an all-time high of over $0.05 as meme-driven tokens gained massive popularity due to social media hype and celebrity endorsements. However, following this rally, the price retraced sharply by June 2021, stabilizing around $0.02-$0.03.
- After a relatively quiet period in 2022, Memecoin regained attention in 2023, driven by renewed interest in memecoins and the broader crypto market recovery.
- Mid-2023 the price saw a short-term rally, but it faced resistance and settled in the $0.015-$0.02 range.
- By the end of 2023, the price remained stagnant, as the market faced challenges like increasing regulatory scrutiny and reduced investor enthusiasm.
- In January 2024, the price slightly recovered to $0.026, driven by a broader crypto market surge.
- By July 2024, the coin hit a local low near $0.012 as investor sentiment waned.
- In November 2024, Memecoin showed signs of recovery, with the price climbing back to approximately $0.017, fueled by niche community-driven campaigns. In December, MEME is trading between $0.01624 and $0.018.
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