41% Surge Sends MemeCore Flying: More Gains or Pullback Ahead?

TheNewsCryptoPubblicato 2026-03-26Pubblicato ultima volta 2026-03-26

Introduzione

MemeCore's price surged 41.92% to $2.45 following the implementation of two hard forks aimed at reducing transaction fees from 1,500 gwei to 15 gwei, introducing account abstraction, and improving L2 scalability. Trading volume exploded by 112%, reaching $31.79 million, with $2.16 million in liquidations. Technical indicators show strong bullish momentum: MACD is well above the signal line, and the price may test the $2.76 resistance or even break into all-time high territory above $3. However, the RSI of 83.27 suggests the asset is overbought, indicating a potential pullback. Support lies at $2.14. The market shows moderate bullish pressure but is currently neutral in money flow, suggesting possible sideways movement unless stronger inflows or outflows emerge.

MemeCore has implemented two hard forks to lower transaction fees and adjust to the latest upgrades made to the Ethereum Virtual Machine (EVM). A few main changes include lowering gas prices from 1,500 gwei to 15 gwei (1/100), account abstraction, and scalability for L2.

As the team announced the upgrade with a simple message: “Just sit back and enjoy the smooth, cheaper cost-effective ride in the MemeCore ecosystem!” The market responded immediately, and the MemeCore (M) price has pumped by over 41.92%. The chart reveals that the buyers are in full control.

If the rally continues and breaks the $3 zone, the asset will enter uncharted territory. Its all-time high sits at $2.96, 16.96% away from where the price is right now. At press time, MemeCore is trading at $2.45, after a 41.92% jump, with the trading volume having exploded by 112% to $31.79 million. Besides, the M market has seen a $2.16 million worth of liquidation.

On the four-hour trading chart, with the bullish pattern, the MemeCore price could move up to the resistance at around $2.76. With the intense upside pressure, the golden cross might take place and send the price even higher. Conversely, if a bearish reversal occurs for MemeCore momentum, the price might retrace to the $2.14 support. Assuming the downside correction gains more traction, it triggers the death cross to unfold, pushing the price lower.

MemeCore Charts Indicate Growing Upside Momentum

The MACD line is far above the signal line, and both are above the zero line, showing a strong bullish impulse. The price is moving up with acquired strength, and the market is running hard to the upside, though when the gap gets wide, a short pullback can happen before continuing higher.

In addition, the CMF indicator resting at -0.00 is in the neutral zone. There is no money flow in or out, so neither the buyers nor the sellers have control. Significantly, the MemeCore market is undecided, pointing to sideways movement, unless a stronger inflow or outflow likely starts building.

MemeCore’s BBP value is positioned at 0.753505, indicating moderate bullish pressure. Buyers have a clear edge, pushing the price above its average with modest strength, not extreme. The market is leaning higher steadily, with room to continue if buying interest holds.

Moreover, the daily RSI of 83.27 is deep in the overbought territory. Notably, the price action has run up very fast, with the buyers in strong control, and the move is starting to feel overstretched. At this level, the market is due for a pullback, even if the overall trend is still bullish.

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Domande pertinenti

QWhat were the two main changes implemented by MemeCore through its hard forks?

AThe two main changes were lowering gas prices from 1,500 gwei to 15 gwei (a 1/100 reduction) and implementing account abstraction and scalability for L2.

QHow did the market initially react to MemeCore's upgrade announcement?

AThe market responded immediately with a positive surge, causing the MemeCore (M) price to pump by over 41.92%.

QWhat is MemeCore's all-time high price and how far is the current price from it?

AMemeCore's all-time high is $2.96, and the current price of $2.45 is approximately 16.96% away from that level.

QWhat does the daily RSI value of 83.27 indicate about the MemeCore market?

AThe daily RSI of 83.27 indicates that the market is deep in the overbought territory, suggesting the price action has run up very fast and is due for a pullback, even if the overall trend remains bullish.

QWhat critical pattern is indicated by the MACD line being far above the signal line and both above zero?

AThis pattern shows a strong bullish impulse, indicating that the price is moving up with acquired strength and the market is running hard to the upside.

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