MemeCore Rockets 40% in a Day; Eyes Return To All-Time High

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MemeCore (M) has rocketed upwards by nearly 40% in the past 24 hours, making it the undisputed champ of today’s market. As of this writing, it’s sitting pretty at a majestic $0.87.

And no, this isn’t a glitch in the matrix; the token’s rally comes right as the market decides to dust off its collective cobwebs and shake off the gloom. The stars are aligning, and key technical indicators suggest that this momentum might just stick around for the ride. 🚀

MemeCore Bulls Eye Breakout Beyond All-Time High (Spoiler: They Think It’s Possible)

If you look at the M/USDT daily chart – and why wouldn’t you? It’s riveting stuff – you’ll notice that the price is comfortably above its Super Trend indicator, which is currently playing the role of a very dynamic support at $0.47. Imagine it as a trampoline that you’re jumping off of, only it’s way more technical and far less fun. 🏀

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The Super Trend indicator is basically the cryptographic version of your friend who tells you where the party is. It tracks the market’s direction, plotting a line above or below an asset’s price. If it’s below, it’s saying “Hey, go ahead, this market’s pretty chill!” But if it’s above, it’s like the universe’s way of saying, “Maybe not today, Satan.” 😈

For MemeCore, the Super Trend line’s location below its price suggests a lot of enthusiastic, market-hungry buyers are still in control. If this support continues to hold, we could see M flying straight past its all-time high of $1.13. Ready for takeoff? ✈️

And here’s the kicker: MemeCore’s weighted sentiment is sitting comfortably in the “positive” zone at 0.162. This means investors are generally feeling like they’ve hit a good streak, even if they’ve never actually hit the jackpot. Lucky? Maybe. 😏

more gains. 📈

Rally Toward $1.13 or Drop to $0.71? The Drama Continues

So what’s next? If the buy-side pressure keeps pushing up, MemeCore could easily breach the $0.90 resistance. And if that holds up like a stubborn toddler refusing to go to bed, we might just see M zoom right back to its all-time high of $1.13. Or, you know, at least get close to it. 🚀

But (there’s always a but), if the sellers decide to make a comeback and start cashing out their gains, we could see M slipping back to $0.71. Guess it depends on whether the bulls have enough coffee today. ☕

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2025-09-02 15:24