Memes AI Price Prediction: MemesAI Surges 104% As This PEPE Alternative Meme Coin Obliterates $25M In Presale
Release: 2024/12/16 20:24 Reading: 515
Memes AI Price Surges with Bullish Momentum
The Memes AI price has skyrocketed 104% in the past 24 hours and is currently trading at $0.07899. Trading volume has also surged by 170% to $13 million.
Breakout from Symmetrical Triangle Pattern
The MemesAI/USD pair on the 4-hour chart recently broke out of a symmetrical triangle pattern, indicating a bullish trend. The breakout occurred near the upper resistance zone at $0.044, with the price rising to $0.0784.
Key Support and Resistance Levels
The 50-period and 200-period moving averages (MAs) are now at $0.0444 and $0.0508, respectively, providing key support. The MACD indicator also supports the bullish momentum, showing a positive divergence.
However, the Relative Strength Index (RSI) is at 82.43, indicating overbought conditions. This suggests a potential short-term correction or consolidation.
The immediate support level is at the 200-period MA ($0.0508), while the breakout point ($0.044) may act as a retest zone in case of a correction. Resistance levels lie at $0.0900 and $0.1000.
Wall Street Pepe Presale
In related news, the Pepe derivative Wall Street Pepe ($WEPE) has raised over $25 million in its presale in just 12 days. The presale has been receiving strong support, with funds being raised at an average rate of over $2 million per day.
WEPE Features and Benefits
Wall Street Pepe aims to level the playing field for small traders by providing them with market insights, trading tips, and exclusive strategies. The project also offers a lucrative staking feature with an annual percentage yield (APY) of 53%.
Investment Opportunity
$WEPE tokens are currently priced at $0.0003644 and can be purchased directly from the project's website using ETH, USDT, or bank cards. Interested investors are encouraged to purchase tokens before the presale price increase, which is expected in the coming hours.
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