Memecoin price prediction 2024 – 2030: Is MEME a wise investment?

Memecoin price prediction 2024 – 2030: Is MEME a wise investment?
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Key takeaways:

  • By 2024, the Memecoin price prediction shows it could reach a maximum price of $0.0203.
  • In 2027, the price of Memecoin is predicted to reach a maximum level of $0.0416.
  • Memecoin is expected to cross a price level of $0.0688 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 $0.01053
Market Cap $279,037,596
Trading Volume $22,223,735
Circulating Supply 26,483,332,355
All-time High $0.05706 Mar 03, 2024
All-time Low $0.01706 Nov 07, 2023
24-h High $0.009683
24-h Low $0.008927

Memecoin price analysis: MEME continues its bearish trend with a 3.10% drop

Key takeaways

  • Memecoin MEME price analysis shows an uptrend, trading above $0.01050 amid growing market interest.
  • Memecoin MEME price analysis shows the MEME token is eyeing resistance at $0.01103 for a potential breakout.
  • Memecoin MEME price analysis shows support at $0.01027, with the potential to surge towards $0.01100 resistance.

Memecoin (MEME) analysis for September 21 is experiencing a bearish decline, with the price currently at $0.01053, reflecting a 3.96% drop over the last 24 hours. The market sentiment remains weak as the coin hovers between a support level of $0.01027 and a resistance level of $0.01103. Investors should keep an eye on these key levels, as a breach of the support could signal further downside, while breaking the resistance could indicate short-term bullish potential. Memecoin’s current performance is marked by high volatility, adding to the uncertainty surrounding its near-term price direction.

Memecoin daily chart analysis: shows early signs of recovery amid

Memecoin (MEME) has been consolidating over the past day, hovering at $0.01053 after a prolonged bearish trend. The coin is stabilizing, with the recent price action suggesting potential for a breakout, though caution remains due to overall market volatility. The following key support level is $0.01027, while resistance is near $0.01103. Traders watch these levels closely for indications of any potential movement as MEME tries to regain momentum.

Memecoin daily chart analysis: shows early signs of recovery amid

The Relative Strength Index (RSI) is at 53.88, just above the neutral 50 mark, indicating a lack of clear direction and reflecting ongoing consolidation. Additionally, the Moving Average Convergence Divergence (MACD) shows a slight bullish crossover, signaling potential upward momentum, but the histogram remains flat, hinting at limited strength behind the move. This suggests that MEME may need stronger buying volume to confirm a solid upward breakout in the near term.

Memecoin 4-hour chart analysis: Meme Enters short-term consolidation

Memecoin (MEME) displays signs of consolidation, currently priced at $0.01053 after a period of volatility. Despite testing lower levels earlier in the month, MEME has stabilized, hinting at potential upward movement if buying pressure strengthens. The price fluctuates within a narrow range, with immediate support near $0.01027 and resistance around $0.01103, suggesting that traders are waiting for a clear breakout.

1726924569 680 Memecoin price prediction 2024 – 2030 Is MEME a wise

Memecoin 4-hour chart analysis: Meme Enters short-term consolidation

From an indicator perspective, the Relative Strength Index (RSI) stands at 53.79, suggesting slightly bullish momentum as it nears overbought territory. Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the histogram turning positive. This indicates increasing buying pressure in the short term. However, traders should be cautious as the MACD signal line remains close, which could signal volatility ahead.

Memecoin price prediction: Technical analysis

Metric Value
Price Prediction $ 0.030675  (228.33%)
Volatility 8.00%
50-Day SMA $ 0.012616
14-Day RSI 36.93
Sentiment Bearish
Fear & Greed Index 29 (Fear)
Green Days 17/30 (57%)
200-Day SMA $0.023849

Memecoin technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value Action
SMA 3 $ 0.009627 SELL
SMA 5 $ 0.009569 SELL
SMA 10 $ 0.010311 SELL
SMA 21 $ 0.010969 SELL
SMA 50 $ 0.012616 SELL
SMA 100 $ 0.016865 SELL
SMA 200 $ 0.023849 SELL

Daily exponential moving average (EMA) 

Period Value Action
EMA 3 $ 0.010511 SELL
EMA 5 $ 0.01052 SELL
EMA 10 $ 0.010625 SELL
EMA 21 $ 0.011323 SELL
EMA 50 $ 0.013769 SELL
EMA 100 $ 0.017616 SELL
EMA 200 $ 0.022038 SELL

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, reaching $10 for Memecoin is highly unlikely.

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.

Recent news/opinion on the Memecoin MEME

$MEME has been listed on Kraken recently, offering a safe and trusted platform for trading and expanding your crypto portfolio.

Memecoin September price Prediction 2024

According to Memecoin’s forecast and technical analysis, in September 2024, Memecoin is expected to trade at an average price of $0.01089, a minimum price of $0.009276, and a maximum price of $0.01197.

Month Potential Low Potential Average Potential High
September $0.009276 $0.01089 $0.01197

Memecoin Price Prediction 2024

The Memecoin price is predicted to trade at a minimum value of $0.00824, a maximum value of $0.0198, and an average forecast price of $0.0203 in Q3 and Q4 of 2024.

Year Potential Low Potential Average Potential High
2024 $0.00824 $0.0198 $0.0203

Memecoin Price Prediction 2025-2030

Year Minimum Average Maximum
2025 $0.0199 $0.0221 $0.0237
2026 $0.0273 $0.0316 $0.0338
2027 $0.0356 $0.0387 $0.0416
2028 $0.0356 $0.0387 $0.0416
2029 $0.0439 $0.0486 $0.0496
2030 $0.0625 $0.0683 $0.0688

Memecoin Price Prediction 2025

The price of Memecoin is forecast to reach the lowest possible level of $0.0199 in 2025. The MEME price could reach a maximum possible level of $0.0237, with an average forecast price of $0.0221.

Memecoin Price Prediction 2026

The price of Memecoin is expected to reach a minimum level of $0.0273 in 2026. The MEME price can reach a maximum level of $0.0338 with an average price of $0.0316.

Memecoin Price Prediction 2027

In 2027, the price of Memecoin is predicted to reach a minimum level of $0.0356. The MEME price can reach a maximum level of $0.0416, with an average trading price of $0.0387.

Memecoin Price Prediction 2028

The price of Memecoin is predicted to reach a minimum level of $0.0356 in 2028. It can reach a maximum level of $0.0416, with an average price of $0.0387.

Memecoin Price Prediction 2029

Memecoin is expected to exceed $0.0486 in 2029, reach a minimum price of $0.0439 this year, and reach a maximum price of $0.0496.

Memecoin Price Prediction 2030

The price of Memecoin is forecast to reach its lowest possible level of $0.0625 in 2030. According to our findings, it could reach a maximum possible level of $0.0688, with an average forecast price of $0.0683.1726924570 847 Memecoin price prediction 2024 – 2030 Is MEME a wise

Memecoin market price prediction: Analysts’ MEME price forecast

Firm Name 2024 2025
Gov.Capital $0.0157 $0.0348
DigitalCoinPrice $0.0405 $0.0631
CoinCodex $0.0266 $0.04098

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 $0.0185. The maximum price may reach $0.0211 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.
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  • 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.
  • Memecoin continued trading around the $0.020 level, with minor fluctuations, until the price spiked again on 4 January, reaching an all-time high of $0.04075 on November 15th.
  • Memecoin recorded an all-time low of $0.0751 on 14 January, following a significant market correction. This dip was short-lived, and the token’s price quickly rebounded. The meme coin has been trading at around $0.0268 for the past few days.

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