Memecoin Price Prediction: After a 30% Plunge, MEME Price May Surge by Another 50% to Reach $0.45

Key Takeaways:

• MEME, the crypto that caught huge attention, is currently experiencing a decent price correction after marking a peak. 
• Regardless of the prevailing trend, the Memecoin price displays a huge possibility of triggering a fine ascending trend. 
• The technicals in the short term are bullish, suggesting the price may undergo minor upswings that could be accompanied by certain bearish actions.

Memecoin Overview as of November 17, 2023

Memecoin Technical Analysis

Source: Tradingview

• The MEME coin price has flipped the descending trend but does not appear to be breaking the bearish influence.
• In the short term, the price has soared notably but continues to trade within a rising wedge with expanded resistance and support levels.
• Besides, the MACD is about to undergo a bearish crossover, indicating that fresh selling pressure could mount over the crypto.
• Moreover, the volume has also dropped, which may hamper the volatility of the token to a large extent.
• Therefore, the MEME price, which faced rejection at the interim highs, is believed to maintain a descending trend and reach the lower support at $0.026 before triggering a rebound to reclaim the lost levels.

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MEME Price Prediction 2023-2030

Memecoin Price Prediction November 2023

Memecoin restarted its trading journey a few days ago with a huge bullish candle but faced extreme bearish action before reaching $0.03. However, the rally rebounded nicely after consolidating for a while and marked a new ATH above $0.04. Since then, the price has been printing significant bearish candles, causing a steep drop in its value.

Now that the price appears to be in the middle of a descending trend, a test of the lower support close to $0.026 could be imminent. The technicals are also hinting towards a continued bearish trend that may prevail until the beginning of the last week. Therefore, the MEME price is believed to trigger a healthy rebound before the end and close the monthly trade around $0.0305 to $0.031.

Memecoin Price Prediction December 2023

With the growing optimism within the markets, investors may also jump in to accumulate at discounted prices. The trading volume is also expected to spike, with buyers dominating to a large extent. This may keep up the momentum of the MEME price as well as the entire crypto market, indicating the start of a significant upswing. 

During the last few days of the month, the volatility is expected to spike as the market could be heading towards the end of the year. The bears are expected to hold back their guns as the bullish momentum could pile up to a large extent. Therefore, by the end of the month and the year 2023, the Memecoin price could trade between $0.065 and $0.072. 

Memecoin Price Prediction 2024

• Following a bullish conclusion to 2023, there’s a widespread expectation that the bulls might maintain dominance, creating a positive outlook for the beginning of 2024.
• This positive sentiment could lead to a substantial uptrend, pushing prices above the $0.75 threshold in the first quarter of the year.
• However, the surge in prices may attract bearish investors looking to capitalize on profits, resulting in a period of price stability during the first half of 2024.
• Moving into the second half of the year, there’s a belief that the MEME price might experience a bullish rebound driven by notable accumulation.
• This resurgence could facilitate the recovery of lost ground, paving the way for a healthy upward trajectory, and by the year-end, the MEME price could potentially trade within the range of $0.95 to $1.25.

Memecoin Price Prediction 2025

• Starting from the beginning of 2025, there is strong anticipation for a robust upward movement in the MEME price, signaling the potential resurgence of a bull market.
• This upward momentum is expected to drive prices significantly higher, possibly reaching a trading range of $1.75 to $1.8 by the conclusion of the first half of the year.
• Despite reaching impressive heights, the prevailing sentiment suggests a continued upward trajectory, aiming to achieve a new all-time high (ATH).
• Around the middle of the third quarter, the MEME price could potentially attain unprecedented levels, ranging from $2.45 to $2.95.
• However, following this peak, there might be a substantial market rejection, leading to a consolidation period. By the year’s end, the price is anticipated to settle within the range of $1.8 to $1.41.

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Memecoin Price Prediction 2026

• In 2026, MEME price enthusiasts could face a challenging period, with bearish forces anticipated to exert significant influence from the beginning.
• This may result in a prolonged bearish phase, with the price consistently testing lower support levels and struggling to maintain stability.
• What may initially seem like a correction could potentially transform into a full-fledged bear market.
• As we move into the second half of the year, the descending trend is expected to gain more momentum, pushing prices below crucial support thresholds.
• By the end of Q3, the price might be trading in the range of $0.91 to $0.98, and as the year concludes, it could hover between $0.75 and $0.78.

Memecoin Price Prediction 2027

• The Memecoin price could maintain a steady trajectory since the start of the year, attempting to stay above significant support levels.
• With the bulls taking a backseat, the first half of the year may see bears exerting control, keeping the price restrained.
• Towards the end of the first half, there might be a modest increase in bullish activity, leading to a slight uptick in market volatility.
• Entering the second half, buying pressure is anticipated to intensify, sustaining price levels and potentially initiating a recovery phase.
• The bulls may make substantial efforts to close the year, with prices ranging from $1.39 to $1.45, suggesting a more optimistic trend in the latter part of the year.

Memecoin Price Prediction 2028

• In the year 2028, there’s a strong indication of a significant recovery phase taking hold, firmly establishing the price above the $1.5 mark.
• The trend is poised to demonstrate resilience with consistently higher highs and higher lows, reflecting the growing strength of the bullish camp.
• By the conclusion of the first half of the year, it’s conceivable that the price may be trading within the range of $2.5 to $2.9.
• Heading into the latter part of the year, the upward momentum is expected to intensify, maintaining the pattern of constant higher highs and lows.
• By the end of the third quarter, there’s a belief that a bullish surge may be triggered, propelling the price beyond its previous peaks with a plausible trading range of $3.5 to $3.75 by the end of the year.

Memecoin Price Prediction 2029

• The MEME price is expected to start in 2029 with a consolidation phase within a narrow price range.
• As bearish influences ease, the bulls are anticipated to intensify their efforts, potentially propelling the MEME price to trade around $4.09 in the middle of 2029.
• Unfortunately, these levels might face strong resistance, triggering a substantial market rejection.
• This rejection could initiate a pronounced downward trend, evolving into a full-fledged bear market as the year progresses.
• Consequently, the MEME price could conclude the year in the range of $3.95 to $3.98.

Memecoin Price Prediction 2030

• The bearish trend that started in the final days of 2029 seems poised to continue into 2030, keeping the MEME price below critical levels.
• This downward trajectory is expected to persist as a steep and unrelenting bearish trend throughout the first half of the year.
• Little respite is anticipated for investors during this period.
• However, as we move into the second half of the year, there’s a glimpse of hope for a market rebound.
• A notable resurgence in the rally may initiate a healthy upward swing, signifying the potential revival of an upward trend, with the MEME price maintaining a positive trajectory for the remainder of the year. As the year concludes, it’s plausible that the MEME price could be trading in the range of $5 to $5.5.

Will the Memecoin Price Rise Again in 2023?

Memecoin has resumed its journey with a fine rise in price; hence the trend is expected to maintain a similar trend till the end. Therefore, the MEME price is believed to remain elevated and close the yearly trade on a bullish note. 

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