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The Melania Meme worth surged 16% within the final 24 hours to commerce at $2.82 as of 8:51 p.m. EST on buying and selling quantity that surged 32% to $204 million.
The surge resulted within the Melania Meme token topping the trending cash checklist on CoinMarketCap.
Melania Meme Value On A Restoration
The MELANIA worth chart evaluation on the 30-minute timeframe signifies a previous sharp downtrend, with the Melania Meme worth falling constantly from a peak of round $5.50 to its latest low of $2.25. Nevertheless, a potential development reversal is rising, as the value has begun to consolidate and type greater lows close to the $2.50-$2.80 vary, forming a rounding backside sample.
The latest restoration has pushed the value of Melania Meme above the 50-day Easy Transferring Common (SMA), however nonetheless stays beneath the 200-day SMA, which now acts because the fast resistance at $3.01.
The RSI is at the moment at 68.28, hovering close to the overbought area (above 70). This exhibits that the latest upward motion has been sturdy.
If the Melania Meme worth sustains above the 50-day SMA and RSI momentum persists, there may be potential for the value to problem the $3.00-$3.05 resistance zone. A profitable breakout above this degree, accompanied by elevated quantity, might see MELANIA testing the following goal round $3.50.
MELANIA/USDT Chart Evaluation (Tradingview)
Nevertheless, failure to interrupt the 200-day SMA or a pullback as a consequence of overbought RSI situations could result in a retest of $2.50 help. So long as this help holds, the short-term bullish outlook stays intact.
Because the MELANIA worth surges, traders are additionally shopping for up a Pepe different in presale that’s known as Wall Road Pepe (WEPE). 99Bitcoins, a well-liked crypto channel with over 723k subscribers, says WEPE might soar 100X after launch.
Wall Road Pepe Presale Blasts Previous $60 Million Milestone – Final Likelihood To Purchase
Wall Road Pepe ($WEPE), a meme coin that has raised over $60.4 million in presale, has lately introduced that it’s going reside on February sixteenth, solely three weeks away.
The presale was an enormous success from the very starting, with traders scrambling over one another to purchase $WEPE on the lowest worth.
Counting the times. Fringe of my seat. Inexperienced on the horizon. 🐸⚔️ pic.twitter.com/3mvT3EctOb
— Wall Road Pepe (@WEPEToken) January 24, 2025
WEPE goals to degree the funding enjoying area for little traders as a result of he’s at all times hated the whales who dominate the market of their small, secretive, insider teams.
The answer? WEPE created its personal WEPE Token Military in order that small traders are stronger collectively. The undertaking will supply small merchants methods and insider suggestions to purchase the most effective cryptos accessible.
Every $WEPE holder turns into a part of this rising military, gaining unique entry to a non-public insider group the place they’ll faucet into buying and selling insights and alpha calls to remain forward of the curve.
The $WEPE Token additionally provides a passive revenue alternative by means of its staking characteristic, which delivers a stellar 20% annual share yield (APY).
You may purchase $WEPE Token from the official web site right here for $0.0003665 utilizing ETH, USDT, or a financial institution card.
Purchase earlier than the presale ends in about 21 days.
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