Bitcoin Retests Support as AI Cryptos Gain Attention
- Bitcoin Support Retest: Bitcoin has returned to the $61,549 support area, and while market sentiment remains weak, analysts are divided on whether this level can hold, which may influence investor capital allocation decisions.
- Optimistic DeXe Price Prediction: The DeXe token surged approximately 50% to a yearly high of $24.20, and although technical indicators suggest overbought conditions, analysts expect a potential pullback to the $20 to $21 range, with a constructive long-term outlook.
- AI Cryptos Attracting Investment: As artificial intelligence continues to draw investment across both traditional tech markets and blockchain ecosystems, projects like DeXe and MemeToro are gaining attention for their blend of practical utility and emerging trends, indicating strong market potential.
- Unique Ecosystem of MemeToro: MemeToro engages users through no-code token creation, prediction markets, and Web3 entertainment, positioning itself as a high-risk, high-reward investment opportunity driven by AI, further enhancing its visibility in the market.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for MEME
Technical Sentiment Analysis for Memecoin (MEME). As of , Memecoin (MEME) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MEME stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MEME is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Memecoin (MEME) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000298 | 0.000386 | 0.00049 | 0.000578 | 0.000682 | 0.00077 | 0.000874 |
| Fibonacci | 0.000386 | 0.000459 | 0.000504 | 0.000578 | 0.000651 | 0.000696 | 0.00077 |
About MEME
About the author
